Latest News
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Welsh House Prices on the Rise Again!
Good news for sellers as average prices climb above £236,000 House prices in Wales have finally started to rise again after almost a year of falling prices. The average price tag on a Welsh house is now £236,369, that’s a jump of 3.1% since April this year. This is a welcome change for anyone thinking…
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Edinburgh House Prices Set to Soar as Experts Predict ‘Inevitable’ Growth
Good news for Edinburgh homeowners, but buyers could face being priced out, warn experts. Edinburgh’s soaring house prices are showing no signs of slowing down, according to property experts DJ Alexander. This comes as no surprise, as Edinburgh has seen a huge 10.2% population surge in the last decade, fuelled by an influx of skilled…
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Rightmove Still a Cash Cow, But Competition is Heating Up!
Rightmove’s latest financial results show the property giant is still raking in the cash, but investors shouldn’t get too comfortable. Solid Numbers, But Innovation Needed Rightmove reported a solid 7% increase in revenue to £192.1 million in the first half of the year. Operating profit also rose by 2% to £131.6 million. While these figures…
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The Buy-to-Let Bubble Is Bursting – Zoopla Boss
The days of easy money for private landlords in Britain are over, according to the boss of property website Zoopla. In an interview with The Telegraph, Charlie Bryant says rising taxes, sky-high mortgage rates, and red tape are making the buy-to-let market a risky investment. Goodbye, “Mom and Pop” Landlords The once-popular “mom and pop”…
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John Lewis – From Department Store to Landlord?
Is the John Lewis Partnership about to become a major player in the property market? After years of struggling in the retail sector, John Lewis is making a bold move, aiming to build thousands of homes across the UK. The company has already secured planning permission to build 353 flats above a Waitrose store in…
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Mortgage Lender Offers Six Times Your Salary – But Is It Too Risky?
A new mortgage lender is shaking things up by offering loans up to six times your annual income. But with the cost of living already biting, is this a dream come true or a recipe for disaster? April Mortgages, a newcomer to the mortgage scene, has announced it will lend up to six times your…
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Together Launches New Discounted Rate Tracker Deal
Good news for nervous homebuyers and remortgagers: Lender Together has launched a new tracker mortgage designed to help people navigate the current climate of high interest rates. The new two-year discounted rate tracker mortgage is available for first and second charge mortgages, covering a range of scenarios: With economists predicting that interest rates may start…
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TML Slashes Buy-to-Let Rates
Good news for landlords looking to get a better deal on their mortgages! The Mortgage Lender (TML) has just announced some juicy reductions in their buy-to-let rates. Lower Rates Mean More Profit These cuts are all about helping landlords like you save money on your monthly mortgage payments. And, let’s face it, in this current…
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Bridging Loan Delays – Developers Cry Out for Legal Reform
Bridging loan times are going through the roof, and developers are furious. A new report from EY reveals that only 3% of bridging market respondents expect the average time to complete a bridging loan to decrease this year. In fact, almost a quarter expect those times to get even longer! What’s the Problem? The legal…
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Zephyr Reduces Buy-to-Let Rates
Zephyr Homeloans has just announced some good news – they’ve slashed rates across most of their buy-to-let mortgage products. This means you could be saving money on your monthly repayments. Lower Rates, More Options Zephyr has reduced rates by 5-10bps (basis points) across the board, making it even easier for you to find a great…