Latest News
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Rental Market – Tenant Demand is Easing (Slightly)
A new study by Zero Deposit, a tenancy deposit alternative company, predicts that the number of available rental properties will increase by 9.5% by 2030. That means almost 5.4 million rental homes will be available, up from the current number of nearly 5 million. Fewer Tenants Per Property This increase in available homes means there…
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Sandbanks Tops the Charts for the UK’s Highest Seaside House Prices
Dreaming of a house by the sea? Be prepared to splash the cash in Sandbanks, Dorset! New research from Rightmove has crowned Sandbanks as the UK’s most expensive coastal area, with homes there fetching an eye-watering average of £1,582,331. Luxury Living Along the Dorset Coast The study, which crunched the numbers on over 200 coastal…
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House Sales Dip but Experts Say Don’t Panic!
The number of homes being bought and sold has dipped slightly, but experts are saying it’s just a blip and things are still looking good for the property market. Official figures from HMRC show that the number of house sales in June 2024 was slightly lower than in May 2024. This is the first time…
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More Mortgage Rate Cuts Coming Tomorrow
Good news for homebuyers and those looking to remortgage – mortgage rates are plummeting! Accord and NatWest are the latest lenders to announce big cuts to their mortgage rates, offering a much-needed boost for borrowers feeling the pinch. From tomorrow, both lenders will be reducing rates across a range of products: Accord NatWest What’s Driving…
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House Sales Dip Ahead of Expected Interest Rate Cut
Buyers “Waiting in the Wings” for Cheaper Mortgages The number of homes being bought and sold has dipped slightly, as people across the country hold off on making big decisions before the next interest rate announcement. Official figures from HMRC show that in June, there were 91,370 completed house sales. This is a drop of…
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House Prices Up £1,815 – Nationwide
Good news and bad news for UK homeowners this month. The average house price went up by £1,815 in June, but while some parts of the country are booming, others are seeing prices fall. The Nationwide House Price Index, which tracks what’s happening in the property market, says that house prices are now 1.5% higher…
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Zephyr Launches 80% Buy-to-Let Mortgages with Low Rates
Zephyr Homeloans has just launched a brand new range of 80% buy-to-let mortgages, giving you the chance to secure a great deal on your next investment property. What’s on offer? Zephyr is offering fixed-rate mortgages for two years across its standard, HMO (Houses of Multiple Occupancy) and MUFB (Multi-Unit Freehold Blocks) ranges. Here’s the breakdown:…
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1.5 million Homeowners Facing Remortgage Misery
Millions of homeowners are facing a financial headache as their fixed-rate mortgages come to an end. Around 1.5 million homeowners are expected to remortgage during 2024, and many will be hit with much higher monthly repayments. This is according to financial experts Hargreaves Lansdown, who warn that many borrowers are facing a struggle to make…
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Virgin Money Slashes Remortgage Rates and Launches Exclusive Deals!
Good news for homeowners looking to remortgage! Virgin Money has just announced a shake-up of its mortgage rates, including cuts of up to 0.31% and some tempting new deals. New Remortgage Deals Exclusive to Brokers For those looking for a new two-year fixed-rate remortgage, rates now start from a competitive 4.59% for those with a…
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First-Time Buyers Could Get “First Dibs” On New Homes Over Landlords
New Labour plans could see first-time buyers getting the chance to buy new-build homes ahead of buy-to-let landlords. A new survey by GetAgent.co.uk has revealed that over half of estate agents (56%) support giving first-time buyers “first dibs” on new homes. This policy – previously suggested by Boris Johnson in 2019 – could give those…