Latest News
-
Landbay Cuts Mortgage Rates by Up to 0.2%
Landbay, a leading buy-to-let (BTL) lender, has just slashed mortgage rates. Landbay has cut rates across their standard 5-year fixed and small HMO (House in Multiple Occupation) and MUFB (Multi-Unit Freehold Block) ranges. This follows last week’s already generous reduction of up to 0.40% across their standard 2-year and new non-portfolio products. The biggest reductions…
-
Ditch Gazumping? Buyers and Sellers Back Pre-Sale Surveys
Hold ups in the property chain could be a thing of the past thanks to plans that would see buyers receive a full survey before making an offer. And 71% of property experts back the move! A recent survey of 200 experts from across the property industry – that’s lenders, brokers, surveyors and more –…
-
Edinburgh Tops UK Property Investment Charts and Manchester Surges
Edinburgh has retained its crown as the UK’s hottest spot for property investment, with Glasgow hot on its heels. Meanwhile, Manchester is making waves down south, snatching the top spot in England. A new report by property experts Colliers has revealed that Scotland’s major cities are continuing to attract serious investment. The report, which analyses…
-
Two-Bed Terraces are Selling Fastest
Forget lengthy house chains, two-bedroom terraced houses are flying off the market in less than a month! According to property website Zoopla, these homes are in high demand, taking an average of just 27 days to sell. That’s almost a week quicker than the average house sale, which currently stands at 32 days. For six…
-
Gulf Investors Get Ready to Buy! UK Interest Rate Cut Sparks Property Frenzy
The UK property market is about to get a serious injection of cash from the Middle East. A recent cut to interest rates has opened the floodgates for Gulf investors, who are now seeing a once-in-a-decade opportunity to grab some prime UK real estate. The Big Picture: Lower Interest Rates, Bigger Profits The Bank of…
-
Brits Ready to Move House After Election Shake-Up
Thousands of homeowners across the UK are feeling confident about moving home following the recent general election. A new poll has revealed that a wave of optimism has swept the property market, with many Brits feeling ready for a fresh start. The survey, conducted by Opinium, asked 2,000 homeowners about their post-election plans and discovered…
-
Race For Space Sends Detached Home Prices Soaring! Is Now the Time to Trade Up?
The price of detached homes is rocketing as Brits scramble for more space. Estate agents are calling it a ‘race for space’, with families taking advantage of slightly lower house prices and the possibility of falling mortgage rates to finally bag that dream detached home. Detacheds Surge Ahead in Value Official figures from the Office…
-
Cheaper Mortgages on the Way – But Should You Wait for a Better Deal?
Mortgage rates are finally falling. But how low will they go, and is it worth waiting for an even better deal? After months of rising costs, there’s finally some relief in sight for mortgage holders. The recent Bank of England base rate cut to 5% has triggered a wave of reductions from major lenders like…
-
Flat Owners Struggle to Climb the Property Ladder
Owning a flat is meant to be a stepping stone to your dream home, but for many, it’s become a financial dead-end. Thousands of flat owners are finding their properties are worth less than they paid for them, making it impossible to sell and move up the property ladder. Research by estate agent Hamptons reveals…
-
Tenant Demand Stays High, Rents Keep Rising
The latest figures from Propertymark show that tenants are still hungry for homes, even as summer heats up. This means you can expect strong rental income and healthy competition for your properties. Tenants Still Eager, Buyers Taking a Break While buyer activity is cooling off as folks head for holidays, tenants are still very much…