Latest News
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Dream Homes for Less – UK’s Most Affordable Towns Revealed!
Analysis by Zoopla has revealed some surprisingly affordable gems where buying a home won’t break the bank. Zoopla’s comprehensive study looked at house prices and local salaries across over 1,000 towns to pinpoint where you can get the most house for your pound. The town of Shildon in County Durham steals the spotlight as the…
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Is the UK Property Market Ripe for Buyers?
The UK property market has faced its share of turbulence over the past 18 months, rocked by rising mortgage rates and a significant decrease in home transactions. However, as we step into 2024, experts are signalling that it might just be the perfect time to buy a house. Here’s why the tide is turning and…
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First-Time Home Buyers’ Unchanging Age
Despite evolving economic markets and a mounting cost of living crisis, the typical age of first-time home buyers in the UK has remained unchanged at 33 years since 1990. This intriguing stability in buyer demographics was highlighted in recent research conducted by Go.Compare home insurance. While the average age has remained steady, there has been…
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Foxtons Poised for a Bright Future as Lettings Lead the Charge
Investors looking for promising opportunities in UK property-related shares might want to consider Foxtons Group plc. The renowned estate agency, known for its robust management and strategic business operations, is anticipated to experience significant growth in the near future. Master Investor, a respected UK investment platform, advocates for Foxtons as a sound investment due to…
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Buy-to-Let Investors Turn to Multi-Tenant Properties for Greater Returns
Houses in Multiple Occupation (HMOs) have become more popular in the buy-to-let market, and for good reason. A significant shift has been observed as more landlords choose to diversify their investment portfolios by venturing into HMOs, which involve renting out individual rooms in a property to multiple tenants. Data from Shawbrook, a specialist lender, highlights…
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YBS Commercial Mortgages Rolls Out Innovative Tracker for Landlords
YBS Commercial Mortgages has recently launched a tracker mortgage product specifically tailored for portfolio landlords. This launch comes hand-in-hand with significant rate reductions across its extensive range of mortgage offerings. YBS Commercial Mortgages is offering a fresh tracker product that comes with a variable interest rate of 6.75%, which equates to the Bank of England…
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From Checkout to Check-ins – Yorkshire Lass is Property Investor of the Year
At just 28, Emma Fielding has made the leap from supermarket accountant to property mogul, earning her the title of 2023’s Young Property Investor of the Year. Emma’s humble beginnings in a Morrisons in Barnsley, South Yorkshire, seem a world away from her current status as the brain behind a booming property-flipping business. Building Success…
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Mortgage Market Warms Up With Biggest Boost Since 2021
Banks have ramped up the availability of mortgages more aggressively than any time since 2021, offering a warmer welcome for potential homebuyers. The Bank of England’s recent credit conditions survey, released on Thursday, highlighted a marked increase in the supply of home loans in the first quarter of 2024. This upswing in lending comes as…
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New Mortgage Rules to Boost Home Ownership Chances for Families
Several leading UK banks have updated their mortgage policies to make it easier for individuals receiving Child Benefit to qualify for larger home loans. Santander, a major player in the UK banking sector, has recently announced a pivotal adjustment to their mortgage rules. Starting from April 9, they will consider Child Benefit as a part…
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House Price Realities – Only a Handful of UK Towns Outpace Inflation
The reality for many UK towns and cities starkly contrasts the common belief that house prices double every decade. Since 2005, only a select few areas—Manchester, Bristol, Cambridge, London, Brighton and Hove, and Edinburgh—have witnessed property price increases that surpass the average annual inflation rate of 3.8%. The data, drawn from tracking 30 cities, reveals…