Latest News
-
Support for First-Time Landlords with Expanded Loan Criteria
Hampshire Trust Bank (HTB) has announced an expansion of its specialist buy-to-let lending criteria, targeting two unique groups: first-time landlords and those investing in properties built using modern methods of construction (MMC). This move aims to support budding property investors and contribute to enhancing the quality of the UK’s housing stock. In a progressive shift,…
-
London Housing Market A Mixed Bag of Growth and Decline
The housing market in London presents a complex picture, with some areas experiencing growth while others face significant price drops, according to the latest data from HM Land Registry. Despite an overall decrease in property prices across London, a few boroughs have bucked the trend and shown positive growth over the past year. Greenwich leads…
-
Election Fever – What’s at Stake for London’s Property Market?
On July 4, 2024, the UK will witness another General Election, as announced by Prime Minister Rishi Sunak. This key political event raises significant questions about potential effects on London’s bustling property market. During the previous General Election in December 2019, there was anticipation of a ‘Boris Bounce,’ which referred to an expected increase in…
-
Chilling Inflation May Keep Mortgage Rates Stable Amid Flat House Prices
In April, the UK saw inflation drop to its lowest in nearly three years, with the Consumer Price Index (CPI) inflation rate decelerating to 2.3%, down from 3.2% in March. This rate, announced by the Office for National Statistics (ONS), is just above the Bank of England’s ideal target of 2%, but higher than economist…
-
ONS House Prices – March 2024
In March 2024, the average property price in the UK experienced a slight uptick, reflecting a modest but positive growth in the housing market. With average prices climbing to £283,000, homebuyers and investors are seeing changes across various regions and property types. This article provides an in-depth look at the recent data released by the…
-
ONS Price Index of Private Rents (PIPR) – April 2024
The Office for National Statistics (ONS) has released its latest data on private rent prices across the UK for April 2024, providing a comprehensive overview of the current rental market. Here’s a breakdown of the key points from the report. UK Rent Trends According to the latest data from the Office for National Statistics (ONS) for May…
-
Lucy Alexander’s Expert Tips for Scouting Hidden Property Gems
Finding the perfect home often feels like searching for a needle in a haystack. However, Lucy Alexander, the familiar face from “A Place In The Sun,” believes that your ideal property might be hiding in plain sight. As the property market continues to challenge especially first-time buyers, Lucy offers her tips in the Daily Mail…
-
Buying a Home with Friends or Family
Snagging a house is tougher than ever. High interest rates and rising house prices make solo purchases a distant dream for many. But in today’s Telegraph Phil Spencer, a property guru, suggests a compelling alternative: why not buy a home with friends or family? The aftermath of the global financial crash has left us with…
-
Terraced Houses are Britain’s Most In-Demand Properties
The property market in England is showing a clear trend towards terraced houses as the most sought-after type of home. According to a new study conducted by Yopa, an estate agency, these compact yet charming homes are topping the list of must-haves for homebuyers across the country. Yopa’s analysis of current housing market listings showcases…
-
Castle Trust Bank Slashes Rates on Bridging Loans
Castle Trust Bank has announced a series of reductions on their bridging loan interest rates, making them a more attractive option for property investors looking to finance renovations or bridge gaps in funding. These new special edition rates apply to both Light and Heavy Refurb bridging loans, with the bank setting a deadline for completion…