Latest News
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Student Housing Boom – Investors Pile £1.7 Billion into PBSA
The student housing market is hotter than ever, with investors throwing a staggering £1.7 billion into the sector in the first half of 2024. That’s an increase of 245% compared to the same period last year. What’s Driving this Frenzy? The experts at BNP Paribas Real Estate say student accommodation is the hottest investment opportunity…
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Smart Move? Holiday Let Owners Ditch Council Tax for Business Rates
As the cost of living continues to bite, many holiday homeowners are making a switch, turning their backs on ever-increasing council tax bills and opting for the business rate system instead. A Growing Trend According to estate agents Hamptons, 78,000 holiday lets were registered for business rates on March 31st 2024 – a significant jump…
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Help to Buy? 88% Of First-Time Buyers Don’t Know It’s Available
Are you about to step onto the property ladder? Government schemes could help you buy your dream home, but shockingly, most first-time buyers don’t even know they exist! A recent report by Barratt Homes has revealed that a staggering 88% of first-time buyers don’t know about the Help to Buy scheme. This comes at a…
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Yorkshire Building Society Slashes Mortgage Rates
Yorkshire Building Society has announced a cut to its mortgage rates by up to 0.2%, offering some relief to homebuyers and those looking to remortgage. Let’s break down what these changes mean for you: Big Savings for Remortgagers Some of the most significant savings are for those looking to remortgage their properties: Good Deals for…
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Barclays Slashing Rates: Good News for Landlords?
Good news for landlords and property investors! Barclays has just announced they’re cutting interest rates on their buy-to-let and residential mortgages for existing customers. This means you could save money on your monthly repayments – and who doesn’t love a bit of extra cash in their pocket? Buy-To-Let Bargains Let’s start with the buy-to-let deals.…
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Paragon Bank Cuts BTL Rates & Offers New 5-Year Fixes
Paragon Bank has just slashed rates on its main buy-to-let (BTL) mortgage deals, giving you more money in your pocket. Paragon Bank has taken 15 basis points off 10 of its most popular BTL mortgages. This means you’ll be paying less interest on your loan, saving you money every month. New 5-Year Fixed Rate Mortgages…
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House Prices Hitting Rural Areas Hardest
New research reveals a rural housing crisis, with sky-high prices and a lack of affordable options forcing people out of their communities. Finding somewhere decent to live in the countryside is a nightmare for many, with 69% of rural residents saying it’s a struggle to find a home in their local area, according to a…
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HMOs are Hot Property for Landlords
According to Paragon Banking Group’s latest report and a recent landlord survey, HMOs are in high demand. While we all know about the housing shortage, tenants are snapping up rooms in these shared properties, leading to a healthy market overall. What’s driving this demand? The Numbers Tell the Story Paragon’s report shows just how popular…
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Family BS Cuts Rates on Buy-to-Let Mortgages
Good news for landlords, especially those operating through limited companies or living abroad! Family Building Society has just reduced interest rates on their buy-to-let and interest-only mortgages, meaning cheaper monthly payments for you. What’s Changed? New Products Introduced Family Building Society isn’t just reducing rates, they’re also expanding their range of products. They have just…
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Best Mortgage Rates This Week, as Election Looms
Nervous buyers are holding back, but mortgage rates are dropping. Is now the time to make your move? The latest figures from the Bank of England show that getting a mortgage is still a challenge for many, with the number of people getting mortgages approved for house purchases dropping slightly from 60,800 in April to…