Latest News
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Paragon Bank Expands into Build-to-Rent Loans
Paragon Bank has expanded its range by venturing into the flourishing Build-to-Rent (BTR) sector. This move signifies a notable expansion for the bank, which is now offering substantial loan facilities to back the procurement and construction of BTR projects. Understanding Build-to-Rent Before we delve into the specifics of Paragon Bank’s proposition, let’s understand what Build-to-Rent…
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Student Tenants: A Reliable Choice for Landlords in Economic Uncertainty?
In the current climate of economic fluctuation in the UK, landlords are continually seeking stable and reliable tenants to occupy their properties. Amidst this backdrop, an intriguing perspective has been offered by Hannah Chappatte, the dynamic chief executive of Hybr, a platform dedicated to serving the student rental market. Chappatte advocates for a fresh look…
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A Glimmer of Growth: UK House Prices Inch Up Despite Market Headwinds
The UK housing market has recently shown a pulse of growth against the backdrop of a challenging economic landscape. For those considering a foray into property investment, understanding the factors that influence house prices is essential. After a series of declines, the UK housing market has taken a surprising upward turn, albeit a modest one,…
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UK Housebuilding Hits a Rough Patch Amid Economic Pressures
In recent months, the UK’s construction sector, particularly housebuilding, has been experiencing a downward trend that hasn’t been this pronounced since the height of the Covid-19 pandemic. This is a development of particular interest to those invested in property or considering it, as it highlights the intricate connections between borrowing costs, demand for new homes,…
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WeWork Files for Bankruptcy
In a turn of events that reverberates through the property investment sphere, WeWork, once a beacon of the co-working space revolution, has filed for Chapter 11 bankruptcy. This development not only signifies a pivotal moment for the company but also sends a strong signal about the evolving dynamics of commercial real estate, especially in the…
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Emerging Property Hotspots: The ‘Brain Gain’ Phenomenon
The UK property market is experiencing a fascinating shift as certain regions transform into housing hotspots, thanks to a phenomenon The Telegraph calls the ‘brain gain.’ This surge in demand and property value is closely tied to the increasing presence of high-tech and life sciences industries in these areas. Understanding this trend is essential for…
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A Welcome Drop in Mortgage Rates, Will it Continue?
For the first time since the summer days of June, the five-year mortgage rate for an 85% loan-to-value (LTV) has descended below the 5% threshold. This change marks a significant milestone in the property financing world, suggesting a trend that might see rates “continue to edge downwards”. An 85% LTV mortgage implies that you, the…
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Beware of Subletting Scams: A London Landlady’s Cautionary Tale
When you rent out your property, you hope for a tenant who pays on time and maintains your home as if it were their own. But what if the opposite happens? The Daily Mail tells the story of Fiona Wyllie, a landlady who found herself entangled in a tenant’s deceptive subletting scheme. A Shocking Discovery…
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Landlords Respond to Rising Costs with Higher Rents
A comprehensive survey by The Deposit Protection Service (The DPS), which included over 1,000 landlords, has shed light on the current trend of increasing rents. The findings indicate that a significant 75% of landlords who are planning to stay in the buy-to-let market are either already increasing rents or planning to do so soon. Specifically,…
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Downturn in UK Housebuilding: RICS Reveals a Concerning Trend
The United Kingdom’s construction sector, particularly housebuilding, is facing its most challenging period since the onset of the COVID-19 pandemic, according to the latest industry insights. This downturn signals a shift that potential property investors should be keenly aware of, as it can influence both current market conditions and future investment opportunities. A Closer Look…