Latest News
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Landlords are Ditching Buy-to-Let, Leaving Renters in the Lurch
It’s not a good time to be a landlord, especially if you’re looking to expand your portfolio. New figures show that buy-to-let purchases are at an all-time low, with landlords snapping up just 10% of homes sold in the first half of this year. That’s the lowest share since 2010 and a far cry from…
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West One Cuts Buy-to-Let Rates
West One is slashing their buy-to-let mortgage rates, meaning you could save on your payments. From Monday, West One is offering reduced interest rates on their first charge buy-to-let deals. Some rates are dropping by 25 basis points, which is a pretty significant saving. The good news applies to both standard and specialist buy-to-let mortgages.…
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House Sellers Forced to Slash Asking Prices by £62k as Buyers Drive Hard Bargain
The gap between a homeowner’s dream price and what buyers are willing to pay has hit a new record, with homes selling for 17.1% below asking price. This means sellers are having to swallow a bitter pill and accept an average of £62,602 less than they hoped for, according to the latest figures from property…
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Rental Market About to Heat Up This Summer?
The summer is traditionally a busy time for the buy-to-let market. Families are looking for a new home before the school year starts, and it’s a less disruptive time for tenants to move. This year, things could be even busier! Experts at Foxtons, a leading London estate agent, are reporting a significant increase in demand…
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Londoners Priced Out of Space – Escape to the Suburbs Costs More Than Ever!
Thinking of ditching the Big Smoke for a bigger home in the ‘burbs? You might need deeper pockets than you thought! Londoners have always fancied a bit of extra space. But with house prices in towns and suburbs shooting up, bagging that dream home outside the capital is getting tougher. New research from Hamptons estate…
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House Prices Bouncing Back – Is Now the Time to Buy?
The property market is showing strong signs of recovery, with house prices steadily climbing back up. The latest Acadata/esurv House Price Index reveals that house prices are only 1.6% lower than this time last year. This means the average house price in England and Wales is now a healthy £360,175. So, what’s behind this positive…
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More Buy-to-Let Mortgages Available
After a period of uncertainty, the number of buy-to-let mortgage products is on the rise, offering you more choices than ever before. The experts at Octane Capital, a specialist lender for property investors, have crunched the numbers and found a significant increase in mortgage products across the board. This is great news for everyone looking…
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Student Housing – Investment Doubles in 2024
Investors are piling into UK student accommodation like never before, with a record-breaking £2.45 billion pumped in during the first half of 2024. This is double the amount invested in the same period last year! So, what’s driving this frenzy? Let’s break it down. A Student Housing Gold Rush The first half of 2024 saw…
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Most Tenants Are Happy with Their Landlords
New figures prove what we already know: landlords are doing a great job! A recent government report shows that private renters are actually more satisfied with their homes than those living in council housing. Private Renters Are Smiling According to the latest English Housing Survey, a whopping 82% of private renters are happy with their…
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Halifax, Leeds, Kensington Announce Mortgage Rate Cuts
Halifax, Leeds Building Society and Kensington are slashing mortgage rates, making it cheaper to buy a home. This is fantastic news for anyone looking to get on the property ladder or remortgage their existing home. Halifax is leading the charge with the biggest cuts, with some rates dropping by as much as 0.22 percentage points…