Latest News
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UK House Prices – Signs of Market Stabilisation Emerge
According to the latest figures from Halifax, one of the country’s leading mortgage providers, UK house prices have risen for the fourth month in a row this January, reaching levels not seen since October 2022. This consecutive rise marks a hopeful sign of stabilisation in the housing sector, buoyed by easing mortgage rates and a…
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TikTok – The Future of Finding Your Dream Home?
TikTok is set to transform the traditional house-hunting experience, as the new go-to destination for both buyers and sellers. According to St. Modwen Homes, a leading developer, this popular video-sharing platform is not just for dance routines and viral challenges anymore but is on the brink of becoming the primary method for property searches, especially…
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Edinburgh’s Property Prices Dip While Sales Rise
Edinburgh, along with its surrounding areas, has experienced a dip in average property prices. The latest report from ESPC reveals a 4.4% decrease in average selling prices, bringing them down to £271,106 for the period between November 2023 and January 2024. However, it’s not all doom and gloom, as the market has seen a positive…
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Mortgage Rates Rise But First-Time Buyers Catch a Break
Two of the UK’s banking giants, HSBC and Halifax, have announced increases in their mortgage rates, bucking the trend of anticipation for a cut in interest rates by the Bank of England later this year. This news comes as a blow to homeowners looking to switch deals or borrow more, with HSBC revealing hikes in…
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Cumberland Building Society Slashes Rates
Cumberland Building Society has announced significant cuts to its fixed-rate mortgage interest rates, offering a glimmer of hope for those wrestling with the prospect of rising monthly payments. With reductions of up to 0.5%, the society introduces new rates that promise more affordable borrowing costs, going as low as 4.26% for 2-year terms and 3.93%…
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MFS Launches Cashback Scheme for Bridging Loan Customers
Market Financial Solutions (MFS) has rolled out a new initiative that promises to put money back into the pockets of its customers. It has unveiled a scheme where it will refund valuation fees in full for qualifying customers. This move is designed to stimulate activity in the property market, which has seen its share of…
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New BTR Fund Aims to Revolutionise Affordable Housing
Waypoint has unveiled its latest venture: the UK Affordable Single-Family Housing Fund. This initiative seeks to offer promising financial returns for investors while addressing the urgent need for affordable housing across the nation. With a generous £150 million seed portfolio to get the ball rolling, the fund is targeting eye-catching potential annual returns for investors…
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Finding and Financing a Holiday Let
In recent years, the UK has seen a significant surge in the popularity of holiday lets. Property owners across the nation are unlocking the potential to earn a lucrative income by renting out their spaces to holidaymakers. This guide covers the essentials of turning your property into a profitable holiday let, from securing the right…
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Master the Art of Property Haggling
Buying a home is no small feat, especially in the UK where the mere thought of haggling can send many of us into a state of unease. But, when it comes to purchasing your most valuable asset, securing the best deal is paramount. Do Your Due Diligence The foundation of any successful negotiation starts with…
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Student Digs Top the List for Property Investors
A new report has shone a light on the UK’s commercial property market, highlighting student housing as the next opportunity for landlords and investors. The mortgage lender Together released a report, “Opportunities and Outlook; the future of commercial property,” unpacking the trends and treasures of real estate investment. Student Housing The Investors’ Darling According to…