Latest News
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UK Commercial Landlords Optimistic
In the face of economic turbulence, commercial landlords across the United Kingdom are not just holding steady but are gearing up for expansion. Despite the recent hurdles of inflation and mortgage volatility, a significant number of these property moguls are not only optimistic about the future but are actively planning to enlarge their property portfolios…
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Farmland – More Land, More Sales, and Growing Values
2023 marked a shift in the British farmland market. The supply of farmland available for public purchase grew by 20% compared to the previous year. This increase brought the total acreage on the market to 157,200 acres. While this figure surpassed the five-year average by 15%, it remained slightly below the average of 162,000 acres…
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Is Now the Time to Invest in UK Property Stocks?
The UK housing market is showing flickers of recovery. But does this mean it’s time to invest in property stocks? Contrary to some analysts’ predictions, 2023 didn’t witness a property market crash. Mortgage rates began to decline, boosting buyer demand and giving sellers more confidence in their asking prices. The Royal Institution of Chartered Surveyors…
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Wales Leads the Way in Rental Yields – A Look at the UK’s BTL Hotspots
Wales has surged ahead in the rental market, achieving an impressive 8.9% yield, which is a 2.2% increase over the past year. This remarkable growth, including a 1.7% rise just in the last quarter of 2023, has positioned Wales at the top of the rental yield league table. Not far behind, the North West and…
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High Peak House Prices Defy UK Trend with Slight Rise
The latest data from the Land Registry reveals a surprising turn in the High Peak property market. Contrasting with the broader UK trends, house prices in High Peak have seen a consistent upward trajectory. In November alone, High Peak witnessed a 0.7% increase in house prices, a figure that might seem modest but is significant…
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Oxford Houses Top Price Increase in the South East
Recent figures released by the Land Registry paint a picture of a thriving property market in Oxford, which has experienced a 5.7% increase in house prices over the past year. This spike is not just a monthly phenomenon but part of a larger trend, placing Oxford at the pinnacle of property price growth in the…
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Furness Unveils New Mortgage Options for Holiday Homes
Furness Building Society has recently announced the introduction of innovative mortgage products designed for holiday lets for investors across England, Scotland, and Wales. These new financial products are tailored to meet the growing interest in holiday home investments, presenting a range of options that cater to various needs and circumstances. Furness is expanding its portfolio…
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Santander Shakes Up Mortgage Market with New Low Rates
Santander has announced a series of new deals, slashing rates and offering some of the best terms available. This change is particularly useful for those looking to secure a mortgage, as rates edge closer to the 4% mark on two-year fixes, a major boon for borrowers. Two-Year Fixes – A Preferred Choice Santander’s reduction in…
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UK Warehouses Set for a 2024 Comeback After a Tough Year
Warehouses experienced a significant downturn in 2023. According to data from property agency Cushman & Wakefield, the UK industrial real estate market saw a 27% decrease in investments compared to the pre-pandemic era. This decline was attributed to a variety of challenges, not least of which were higher debt costs and a mismatch in pricing…
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New Mortgage Targets Landlords Planning Quick Property Refurbs
The Suffolk Building Society has recently unveiled a new mortgage product designed specifically for private landlords. This focuses on those looking to make ‘light refurbishments’ to their Buy-To-Let (BTL) properties. Whether it’s installing a modern kitchen or updating the bathroom, this new mortgage option is here to facilitate these changes. How Does the ‘Light Refurb’…