Latest News
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Hodge Teams Up with PropTech Start-Up to Boost Home Energy Efficiency
Specialist buy-to-let mortgage lender Hodge has partnered with PropTech startup Propflo. Together, they are championing a greener future by encouraging borrowers to enhance the energy efficiency of their properties. Hodge and Propflo are setting a new standard in the property market with their collaborative effort. This initiative aims to guide customers towards making their homes…
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Spring Finance Expands to Scotland with New Bridging Loan Options
Spring Finance, a specialist lending company, has officially announced the launch of its comprehensive range of bridging loan products in Scotland. This strategic move marks a significant expansion for the lender, aiming to meet the growing demands of the Scottish market. The launch is supported by Wilson McKendrick solicitors, a firm with a deep-rooted history…
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House Prices Dip Again – UK Buyers and Sellers Adjust to Market Realities
In the last quarter of 2023, the UK housing market continued to experience a slowdown, with house prices falling by 0.6%. This decrease marks the second consecutive quarter of negative growth, impacting both the broader UK and specifically London markets, according to the latest Property Market Index Review from Benham and Reeves. Adjusting Expectations Amid…
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UK Commercial Property Investments Rise in Early 2024
In the first three months of 2024, commercial property investments in the UK rose to £8 billion, as reported by Savills in their latest “Market in Minutes” publication. This impressive figure not only marks a robust start to the year but also sets the stage for a potential 12% increase over the total investments of…
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Will Your Mortgage Eat Up Your Home’s Value Growth?
When it comes to buying a home, many see it as a solid investment, anticipating that property values will inevitably rise over time. This long-standing belief in the upward trajectory of house prices motivates countless individuals to jump onto the property ladder. However, while the focus is often on potential price increases, the cost of…
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Holiday Let Hotspots – Discover the UK’s Most Profitable Vacation Rental Locations
The latest figures on Britain’s most lucrative holiday let locations are out, and it appears that the traditional seaside is not necessarily the goldmine many assume. Cornwall, famed for its picturesque beaches and tourist-friendly vibes, tops the list, but the heart of London follows closely, challenging the conventional preference for coastal retreats. In an analysis…
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Buy-to-Let Yields Rise Despite Costly Challenges
The allure of investing in buy-to-let properties continues to strengthen in the UK, with average yields now standing at a robust 5.8%, marking a significant rise from the 4.9% observed two years ago. This data, revealed by a study from Octane Capital, highlights the evolving dynamics in the rental market, despite the various financial pressures…
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UK Housing Market Begins to Bounce Back – esurv
After enduring a period of decline, the UK’s housing market is showing faint but hopeful signs of revival. In February, the average house price in England and Wales saw a modest increase of 0.1%, bringing it to £361,368. This figure marks a return to the price level last seen in February 2022, according to a…
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Home Makeover Magic – Couple’s Clever Renovation Adds £224,000 in Value
Jane and Paul Bergin have significantly increased the value of their once awkwardly-designed home through strategic renovations. The Telegraph featured the journey of this couple’s transformation of their 1960s semi-detached house in Surrey into a highly desirable property. The Bergins, weekend renovators with a knack for seeing potential, purchased their five-bedroom home in 2019 for…
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UK Mortgages – Will Rising US Inflation Push Rates Higher?
The latest wave of economic data from the United States has sent ripples of concern through financial markets worldwide, including here in the UK. On Wednesday, the US reported inflation rates that exceeded forecasts, unsettling investors and raising questions about the future of global interest rates. Earlier this year, UK homeowners experienced a slight relief…