Latest News
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Mortgage Rate Cuts – Good News for Landlords and Expats!
There’s good news for landlords and anyone living abroad who’s looking to buy in the UK! The Mortgage Works and Nottingham Building Society have both announced cuts to their mortgage rates. The Mortgage Works Slashes Landlord Rates The Mortgage Works, which is part of Nationwide Building Society, is making life a bit easier for landlords…
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Landlords, Your Profits Are Vanishing!
It’s a tough time to be a landlord, with profits shrinking faster than a shrinking violet. A new study shows that the average landlord is now pocketing a staggering £4,000 less per year than they were just a few years ago, according to personal finance site Finder. Here’s the lowdown: This is a massive blow…
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Rents Hit Record High, But Is This the Peak?
It’s official, rents across the UK have reached an all-time high, hitting a staggering £1,299 per month. While this might sound good for landlords, there’s a catch: the rate of increase is slowing down. The latest data from HomeLet shows that rent increases have slowed to a measly 0.2% in June. This means that while…
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London Office Market – Big Buildings, Big Problems
It’s a tough time to be selling big office blocks in London. Investors are spooked by high interest rates and the rise of hybrid working, making it almost impossible to find buyers for the biggest buildings. The Numbers Don’t Lie: Why the Cold Shoulder? The combination of rising interest rates and uncertainty over office demand…
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Islamic Buy-to-Let Mortgage Launched
Finally, an easy way to get into the buy-to-let market that’s in line with Islamic principles. If you’re looking to invest in property, you might be wondering if there are ways to do so that align with your religious beliefs. Well, good news: Offa, a company based in Birmingham, is now offering a buy-to-let mortgage…
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Landlords Set to Hike Rents
85% of landlords are planning to increase rents over the next year. That’s right, most landlords are feeling the pinch and are passing on the cost to tenants. Higher Costs, Higher Rents The reason for this rent rise? A combination of higher mortgage rates and increased costs for managing properties. Many landlords are facing a…
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Metro Bank Launches BTL Mortgage
Metro Bank has just launched a brand new product. They’re now offering buy-to-let mortgages specifically designed for companies. This means you can buy properties through a limited company, which could save you a lot of money on tax. How can owning a property through a company save me tax? If you own a property through…
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£20 Billion to be Invested – Build to Rent Market Heats Up
The Build to Rent (BtR) market has been growing steadily over the last decade, with £35 billion invested in delivering 100,000 homes. But the demand for private rental homes is sky-high. We need another million homes by 2031 just to keep up. Savills, a top property advisor, reckons we need £300 billion of investment to…
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Boost Your Home’s Energy Rating and Bag Up to £15,000 Cashback with Virgin Money!
In a groundbreaking move for homeowners, Virgin Money has teamed up with smart energy experts Hive to launch a new mortgage deal designed to help make homes more energy efficient – and put cash back in your pocket! The new “Retrofit Boost” mortgage offers borrowers cashback when they make energy-saving improvements to their homes. This…
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House Prices Bounce Back by 0.4%
House prices are showing signs of recovery, with the biggest monthly jump in almost a year. Despite a slight dip in prices compared to last year, things are looking up for the housing market. The latest figures from e.surv show that the average house price in England and Wales inched up by 0.4% between May…