Latest News
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Castle Trust Bank Launches New Bridging Loan Scheme
Castle Trust Bank has rolled out its new ‘Bridge the Gap’ bridging loan product. This strategic financial solution is crafted to assist borrowers who are on the brink of concluding their existing fixed-rate or bridging loans but are wary of locking into a new buy-to-let mortgage due to the forecasted dip in interest rates in…
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London Lures Buyers Back as Home Counties Prices Tumble
The allure of London living has rebounded, eclipsing the once-coveted Home Counties, as a recent property report reveals significant price adjustments in the face of changing work patterns and economic pressures. The picturesque Home Counties have long been a magnet for those seeking the best of both worlds. However, a new prime property report from…
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Surrey’s Property Price Hotspots
In the heart of Surrey, Leatherhead, Oxshott, and Fetcham have been crowned the property hotspots of the year. The KT22 postcode area, encompassing Leatherhead, has witnessed an unparalleled price rise, with the average home now fetching £977,589, up a staggering 15.3% from £847,520 in the previous year. This leap represents the largest percentage increase in…
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New Plan Aims to Tackle UK’s Housing Crisis for First-Time Buyers
Chancellor Jeremy Hunt is being asked to consider allowing first-time homebuyers to use their pension savings to fund a deposit on a house. This bold suggestion is part of a comprehensive package proposed by the Housing and Finance Institute (HFI), a cross-party organisation, aiming to bring the dream of homeownership within reach for thousands of…
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Making Renting Easier for Everyone – The Rise of RentGuarantor
The rental market has become a vital part of the UK housing landscape. With over four million households opting to rent rather than buy, the dynamics of finding and securing a rental property have become more complex than ever. Enter RentGuarantor, a company that’s changing the way tenants and landlords navigate the rental process. And…
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Scotland’s Housing Crunch – New Builds Hit Nine-Year Low
Scotland has seen a dramatic dip in the construction of new homes, hitting a level not seen in nearly a decade. A comprehensive report by DJ Alexander Ltd, the nation’s premier lettings and estate agency, has shown a 24.4% drop in new build starts across all sectors in the span of a year. This dive…
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UK Housing Market Springs to Life in 2024 with Soaring Listings and Demand
The UK housing market has kicked off 2024 with a bang, showcasing significant growth in both property listings and buyer interest, according to the latest data from Rightmove. In just the first month of the new year, the number of new properties listed for sale surged by 13% compared to the same period last year,…
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Skyrocketing Demand for Rentals Leaves Tenants in a Lurch
The UK’s private rental market is witnessing a significant rise in demand, with landlords reporting a noticeable increase in tenant interest. This trend underscores a growing challenge in the housing sector, spotlighting the dire need for more rental accommodation amidst rising pressures from various societal shifts. The Surging Demand for Rentals Recent research spearheaded by…
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Bluestone Reducing Mortgage Rates
Bluestone Mortgages has announced significant cuts to its mortgage rates, offering a lifeline to first-time buyers and individuals facing credit challenges. They have rolled out rate reductions across a variety of their mortgage products. These cuts span both two and five-year fixed rate mortgages, as well as the Deposit Unlock scheme, which is specifically designed…
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Mortgage Squeeze – First-Time Buyers and Landlords Face Rising Costs in 2024
A new report from Octane Capital sheds light on the financial pressures looming for first-time buyers and landlords alike. With mortgage repayments set to climb significantly in 2024, the dream of homeownership and investment in property could get pricier. For those looking to step onto the property ladder for the first time, the forecast is…