Latest News
-
Melton Building Society Cuts Buy-to-Let Rates and Offers £500 Cashback
Melton Building Society has announced significant cuts to its buy-to-let mortgage rates, offering landlords the chance to save on their monthly repayments. The building society has reduced rates across its buy-to-let range by up to 0.55%. This means landlords could benefit from some of the lowest rates available on the market. Melton has also increased…
-
Build-to-Rent Market Booming with £3.2 Billion Invested This Year
Property developers and investors are cashing in on the booming Build-to-Rent (BTR) market, with £3.2 billion poured into the sector already this year, according to a new report by property consultancy Knight Frank. The report, which provides a snapshot of the BTR market in the third quarter of 2024, reveals that investment hit £640 million…
-
Clydesdale Lowers Mortgage Rates
Clydesdale Bank has announced big cuts to its mortgage rates, with some deals dropping by as much as 0.71%. From October 11th, you could get a cheaper deal on a range of Clydesdale’s mortgages, including residential, buy-to-let, professional, and even their exclusive large loan products. Here’s a breakdown of the best bits: Buy-to-Let Bargains: Landlords…
-
Barclays Cuts Mortgage Rates – But Should You Wait For Further Falls?
Barclays is cutting rates on a range of its mortgages by up to 0.50% from October 11th. But with other lenders increasing rates, is now the right time to fix? Barclays is reducing rates across its fixed-rate mortgages for both new purchases and remortgages. Here are some examples of the reductions: Should You Grab a…
-
Landlords Face 26 YEAR Wait to Recoup EPC Upgrade Costs!
New research shows it could take more than 26 YEARS for landlords to earn back the cost of eco-upgrades on their rental properties. The government wants all rental properties to have an Energy Performance Certificate (EPC) rating of C or above by 2030. This means landlords could be forced to shell out thousands of pounds…
-
Are Cheap Mortgage Rates About to Vanish?
Mortgage rates have been falling! But there are whispers that the cheapest deals might be about to disappear! Here’s why: Big banks like Barclays and Santander are tweaking their mortgage rates. Barclays has upped the rate on its 5-year fixed-rate mortgage from a tempting 3.71% to 3.76%. Don’t panic just yet though – this only…
-
Mortgages for First-Time Buyers Still £353 Higher Than 5 Years Ago
Soaring house prices and high mortgage rates mean hopeful homeowners are facing record monthly repayments. While mortgage rates fell a little recently, buying your first home is still hard, with average monthly mortgage payments now £353 higher than they were just five years ago. Rightmove’s latest figures reveal the average first-time buyer now faces forking…
-
Vida Homeloans Cuts Mortgage Rates
Vida Homeloans is cutting mortgage rates by up to 0.30% This means cheaper deals for those looking to buy a home or expand their property portfolio. The cuts apply to both residential and buy-to-let (BTL) mortgages, with most residential products seeing reductions of up to 0.20%. Here’s what you need to know: Best Deals on…
-
House Prices Rise as Mortgage Rates Fall – What are the Best Deals This Week?
Halifax’s latest House Price Index revealed that house prices have seen their biggest jump since November 2022. In the year leading up to September, prices shot up by 4.7%, meaning the average UK home will now set you back a cool £293,399. Don’t panic! Amanda Bryden, the brains behind mortgages at Halifax, wants you to…
-
Should the Government Scrap Stamp Duty for Downsizers?
Millions of Brits dreaming of moving to a smaller home could finally get their wish – if the government scraps stamp duty for downsizers. That’s the call from Barclays bank, which reckons ditching the tax could unleash 3.8 million homes onto the market. Right now, a staggering 85% of us live in homes with at…