Latest News
-
New Build Nightmare – Will Your Next Home Be a Dud?
New home buyers are being urged to demand more protection from rogue builders as the government pushes to build 1.5 million new homes in just five years. Experts fear a ticking time bomb of shoddy new builds as thousands of new homes are built. A shocking 32% of people already think new build homes are…
-
UK Renters Are Struggling to Cope
New research shows that tenants across the UK are struggling to afford their rent, with many spending a huge chunk of their income just to keep a roof over their heads. This isn’t just a London problem – it’s a nationwide crisis that’s leaving many renters with little left for essentials like food and bills.…
-
NatWest Launches New Low Mortgage Rates – Is Now the Time to Fix?
Homebuyers and those looking to remortgage could bag a bargain thanks to NatWest slashing mortgage rates. The bank is battling to offer customers the lowest rates on the market, and from tomorrow (13th August), new customers will be able to get a five-year fixed rate mortgage at just 4.68% This market-leading rate requires a 10%…
-
Landlords – Record Yields, But Rent Control Fears Are Looming
Rental yields are booming, hitting a ten-year high of 6.3%. This means buy-to-let properties are making more money than ever before. But it’s not all sunshine and roses. New legislation and rent control are starting to cause some serious headaches. Landlord Lending – A Booming Business The recent Landlord Trends report from Foundation Home Loans…
-
Scottish House Prices Dip in June but Remain Higher Than Last Year
The average house price in Scotland dipped slightly in June, but don’t panic just yet! The latest figures from Walker Fraser Steele show a 0.7% drop, bringing the average price down to £223,923. This is the first time we’ve seen a monthly decrease since March. But here’s the silver lining: prices are still up a…
-
Student Housing Crisis – A Goldmine for Developers?
The student housing market in the UK is in a state of chaos, and it’s a situation that’s set to benefit developers. With soaring demand and a dwindling supply of affordable accommodation, the pressure is on to find a place to live, especially in popular university cities like Bristol. This could be a golden opportunity…
-
House Prices Holding Firm esurv Reports
Despite a slight dip last month, house prices are showing signs of recovery. The latest figures show that the market is weathering the storm after a tricky year. The average house price in England and Wales edged down slightly in July, by just £500, landing at £360,630. This follows several months of small increases, according…
-
CHL Mortgages Drop BTL Rates by Up to 0.49%
CHL Mortgages has just announced some pretty big cuts to their buy-to-let (BTL) mortgage rates, making it a bit easier for you to get your hands on that next investment property. CHL has trimmed rates across its entire BTL range, with some reductions hitting 0.49%! That’s real money saved for you over the lifetime of…
-
First-Time Buyers Feel the Pinch as Lenders Fail to Pass on Interest Rate Cuts
While interest rates on mortgages have been dropping this summer, first-time buyers with small deposits aren’t seeing the benefits. This is according to consumer group Which?, who found that lenders are offering significantly smaller rate reductions to those with the smallest deposits. For example, between July 1st and August 8th, the best five-year fixed-rate mortgage…
-
Bank of Mum and Dad gets easier with April Mortgages
First-time buyers struggling to get on the property ladder are set for a cash boost thanks to new rules from April Mortgages. The mortgage lender is making it easier for family and friends to help out with deposits by relaxing its rules around “gifting” money. It means more people will be able to access April’s…