Latest News
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Landlord Mortgage Rates Cut At Metro Bank
Buy-to-let borrowers, Metro Bank has slashed rates on its two-year fixed-rate mortgages by up to 0.30%, making it cheaper to get a loan on a rental property. This price cut applies to all landlords, including those running limited companies, who can now benefit from Metro Bank’s special products launched in July. So, how much can…
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MPowered Mortgages Reduces Two-Year Fixed Rates
In a move that will be music to the ears of potential homebuyers, MPowered Mortgages has announced cuts of up to 0.3% on their two-year fixed-rate mortgages. This follows hot on the heels of similar reductions to their three-year fixed rate products last week. What are the new rates? For those looking to buy a…
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London Rents Fall – Third Time in a Row
Rents in the capital are heading downwards, with decreases seen every single quarter this year. This news, revealed by flatshare website SpareRoom, could be a sign that the once red-hot London rental market is finally starting to cool off. However, it’s not yet a national trend, as rents across the UK are still climbing –…
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Barclays Launches Sub-4% Mortgage Deals for Homebuyers!
Good news for house-hunters, Barclays is slashing mortgage rates with some deals dropping below 4%! From tomorrow (29th October), Barclays is cutting rates on a range of fixed-rate mortgages for both new purchases and remortgages. This includes their popular two-year and ten-year fixed-rate deals. Here’s a breakdown of the best deals: For those buying a…
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Welsh House Prices Fall But Sales Rise
House prices in Wales have fallen for the first time in months. Bad news if you are selling – you might get less than you hoped. But don’t panic, there’s more to this story… The average price of a house in Wales has dropped by 2.9% to £232,400. This follows a mini-boom after the turmoil…
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Two Years Fixes Popular – Homebuyers Ditching Long-Term Mortgages
Are you about to sign on the dotted line for your mortgage? You might want to hold fire and see how long you’re fixing for – because most borrowers are betting on a two-year deal. New research from Santander shows that 60% of borrowers are opting for two-year fixed rate mortgages. That’s a massive change…
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Landlords Selling Homes as Property Market Booms – Zoopla
The property market is experiencing a surge in activity, with 26% more homes currently in the buying process compared to this time last year. That’s according to the latest research from property website Zoopla. Zoopla’s data reveals that 306,000 homes, worth a combined total of £133 billion, are currently being bought and sold. This surge…
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Beat the Mortgage Squeeze! MPowered Offers a Sub-4% Rate
MPowered Mortgages has cut rates on its three-year fixed rate mortgages, making them a tempting option in these uncertain times. Here’s what you need to know: This move bucks the trend of many lenders hiking their rates due to the current economic uncertainty. It seems MPowered Mortgages are determined to offer homeowners some stability. Why…
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Back To The Future! NatWest Revives Sub-4% Mortgage Rates
NatWest is slashing mortgage rates, making it cheaper to get on the property ladder! After a rollercoaster few weeks that saw mortgage rates soar above 4%, NatWest is bringing back sub-4% deals on its five-year fixed-rate mortgages. Just last week, the bank increased its five-year fixed rate to 4.09%, but it’s now offering the same…
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AI Boom Sparks Data Centre Gold Rush
The Artificial Intelligence (AI) revolution is about to send the data centre market into overdrive, with experts predicting a doubling of demand in just four years. This unprecedented surge could spell a golden opportunity for investors ready to cash in on the next big thing in property. Forget London, Head North! Savills, the international real…