Latest News
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Rents Soar to Record Highs – But Will Tax Changes Hit Landlords?
It’s official: rents are higher than ever. But with whispers of tax hikes and stricter energy rules, are we about to see a landlord exodus? Rightmove’s latest data reveals the average rent outside London has skyrocketed to a staggering £1,344 per month. That’s a hefty 5.2% jump compared to last year. London Landlords The capital…
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Mortgage Rates Climb. Is Price War Over?
NatWest hikes rates and other lenders follow suit, signaling tough times for homebuyers and those looking to remortgage. Bad news for anyone looking to buy a home or remortgage – the mortgage price war seems to be over. NatWest, one of the UK’s biggest lenders, has increased interest rates on most of its two and…
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New Town, New Home? Bargain Houses Up For Grabs!
Thinking of buying a home but worried about sky-high prices? New towns could be the answer! Forget London, homes in new towns are thousands of pounds cheaper – and their value is shooting up! That’s according to new research from the Halifax, which found that you could save almost £50,000 by ditching the city for…
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Seven Years to Save For a House Deposit – Are You Ready to Wait?
First-time buyers looking to step onto the property ladder face a long wait to save a deposit, new research reveals. According to Hargreaves Lansdown, a single first-time buyer would need to save for seven years and five months to reach a deposit of £45,000 using a Lifetime ISA (LISA). This is based on saving the…
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Mortgage Concerns as NatWest Hikes Rates
NatWest has become the latest big bank to increase their mortgage rates, sparking fears that mortgage price rises could see borrowers paying hundreds of pounds extra every year. The bank, a familiar name on every high street, announced that from Thursday, most of its fixed-rate mortgages for two and five year terms will increase by…
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House Sales Soar as Mortgage Rates Fall
The number of homes being snapped up is rocketing, thanks to lower mortgage rates. New figures show that ‘sales subject to contract’ – where an offer has been accepted – shot up by a massive 23% in the last three months compared to the same period last year. That means 332,200 homes were in the…
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Buy-to-Let’s Not Dead! Landlords Achieving 7.2% Rental Yield
Thinking about becoming a landlord? Despite all the doom and gloom you hear, buy-to-let is booming! New figures reveal record-breaking rental returns for property investors brave enough to take the plunge. It’s true that landlords have faced a barrage of challenges lately, from soaring interest rates to stricter regulations. But the latest data from estate…
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Cheaper Mortgage Rates Unlikely to Return, Warns Lloyds Boss
Homeowners hoping for a return to the rock-bottom mortgage rates of the last decade are likely to be disappointed, the boss of Lloyds Bank has warned. Charlie Nunn, the chief executive of the UK’s biggest mortgage lender, said that while he expects rates to fall, they are unlikely to plummet to the near-zero levels seen…
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Mortgage Rates Reduced by Buckinghamshire BS
Buckinghamshire Building Society has lowered mortgage rates across the board in a move that could save borrowers thousands of pounds. The building society has cut rates on a range of products, including fixed-rate deals for first-time buyers, buy-to-let landlords, and holiday let investors. Here’s what you need to know: First-time buyers and home movers: Buy-to-let…
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Is Living With Mum and Dad the Answer to Britain’s Housing Crisis?
Soaring living costs are forcing Brits to make tough choices, and for many, that means moving back in with family. A new survey reveals that 30% of us already live in a multi-generational household – and that number is only going up. The survey, conducted by Legal & General, quizzed over 2,000 adults about their…