Latest News
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Phil Spencer Advises Landlords – Don’t Rush to Rent Out Your Property Just Yet
Property guru Phil Spencer is urging landlords to hold off on advertising their empty properties for a few weeks. He’s warning that the influx of students looking for accommodation at the start of the academic year could lead to a lot of last-minute changes and uncertainty. The student rush: September sees a huge surge in…
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Flats Falling Behind – Are Apartments a Bad Investment?
Thinking about buying or selling a flat? New data shows flats haven’t been keeping up with the rest of the housing market. Here’s what you need to know. Over the past five years, flats haven’t been the investment they once were. Since 2019, before the pandemic hit, the average price of a flat has only…
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LendInvest Unveils New Buy-to-Let Mortgage Range, Reduces Rates
Looking to invest in UK property from overseas? LendInvest has just launched a brand-new mortgage range specifically designed for expats, offering a lifeline to landlords living abroad. These mortgages are a game changer for expat landlords, providing a simple and fast solution for managing their UK property portfolios. Here’s what you need to know: Rates…
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Mortgage Rate Cuts from Suffolk and Market Harborough Building Societies
Suffolk Building Society has cut rates on its two-year fixed-rate mortgages by up to 0.30%, meaning lower monthly payments for borrowers. Market Harborough Building Society has also announced cuts of up to 0.20% on its residential and buy-to-let fixed rates. What are the new rates? Here are some examples of the new rates from Suffolk…
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Santander Slashes Mortgage Rates!
Santander is the latest bank to announce big cuts to mortgage rates, following similar moves by rivals HSBC, Barclays and NatWest. From tomorrow, Santander will be reducing a number of fixed-rate deals for both new and existing customers by as much as 0.32 percentage points. This applies to both residential mortgages and buy-to-let deals. These…
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UK House Prices Set to Climb Faster than Inflation
UK house prices are expected to rise steadily over the next few years, beating inflation. But for renters – you might be facing some steep rent increases. And what does this all mean for first-time buyers trying to get a foot on the property ladder? Here’s the summary, from a survey of experts by Reuters:…
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Harrow House Prices Dip – But Don’t Expect Bargains!
Good news for buyers (sort of!) – Harrow house prices have dropped slightly. But before you get too excited, remember it’s still one of London’s priciest boroughs! Hold onto your hats, Harrow homeowners! Zoopla’s latest House Price Index (July 2024) reveals a 0.9% dip in average property values over the past year. That’s a drop…
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Mortgage Rates Plummet – Five-Year Fixes at Lowest Since Mini-Budget Chaos
Average mortgage rates have dropped significantly since last year, with five-year fixes hitting a low not seen since before the disastrous mini-budget. Rightmove’s latest data reveals some incredibly attractive deals for those looking to buy a home. The most significant savings are on five-year fixed-rate mortgages at a 60% loan-to-value (LTV). This means if you…
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Mortgage Rates Fall – Best Deals This Week
Mortgage rates are continuing to drop, according to the latest figures. That means lower monthly payments for you – whether you’re buying your first home, moving, or remortgaging! Good news for anyone looking to get on the property ladder – mortgage rates have been steadily falling in recent weeks, with several major lenders cutting rates…
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Location, Location, Mortgages! First-Time Buyers Reveal Their Top Regrets
New research reveals the biggest hurdles faced by first-time buyers and the advice they’d give to others taking the plunge. Buying your first home is a huge milestone, but new research reveals that many first-time buyers are left with regrets. A poll of 500 recent first-time buyers found that 82% wished they had done things…