Latest News
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Grainger – Rent Growth Set to Continue Despite Renters’ Rights Bill
Despite the government’s new Renters’ Rights Bill aiming to give tenants more power, industry giant Grainger predicts rents will keep climbing. Grainger, the UK’s biggest residential landlord, has welcomed the Bill but believes it won’t dampen the rental market’s fiery growth. Why? They point to the continuing imbalance between the high demand for rentals and…
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Buckinghamshire Lowers Mortgage Rates, Includes Borrowers with Credit Issues
Buckinghamshire Building Society has announced some great news for anyone looking to get a mortgage, with cuts to interest rates on offer across the board. The building society has reduced rates on its standard mortgages by up to 0.20%, meaning cheaper monthly payments for borrowers. Even better news for anyone with marks on their credit…
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Castle Trust Bank Cuts Mortgage Rates for Renovations
Castle Trust Bank has announced some fantastic news for anyone looking to buy a property, with big cuts to interest rates on a range of mortgages. There’s good news whether you’re thinking of making some home improvements or becoming a landlord, as Castle Trust Bank has reduced rates on many of its mortgages. Let’s break…
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Homebuyers Ditch Fixed-Rate Mortgages for Flexible Trackers in Uncertain Market
Tracker mortgages have seen a huge surge in popularity, with a 67% increase in borrowers snapping them up since 2021. New data from wealth manager Quilter reveals this significant shift in the mortgage landscape. So, what’s behind this trend? Let’s break it down: Flexibility is Key: Tracker mortgages see your interest rate rise and fall…
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House Prices Climb for Third Month Running – Halifax
UK house prices are on the up again! They’ve risen for the third month in a row, with the average price now just shy of the all-time high. But what does this mean for you if you’re thinking of buying or selling? Prices Edge Upwards The average price of a UK home went up by…
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2.9 million Rental Homes Need Upgrades – Will Yours Make the Cut?
2.9 million rental properties need a green makeover. And if those properties want to meet the government’s proposed minimum Energy Performance Certificate (EPC) rating of C by 2030, a hefty £23.4 billion needs to be spent – averaging out to £8,074 per property. This news comes straight from Rightmove’s latest Greener Homes Report, which spills…
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LendInvest Cuts Refurbishment Bridging Loan Rates
LendInvest Mortgages has reduced rates on its 85% Loan-to-Value (LTV) refurbishment bridging loan, making it cheaper than ever to spruce up properties for a tidy profit. The new rate has been reduced to 0.98%, meaning investors can now secure a loan covering 74% of the property’s value after the refurbishment. This opens up new possibilities,…
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Southern Rental Demand Grows Faster than North
New data reveals that landlords in the south of England are seeing soaring demand from renters. According to the latest figures from property experts Zero Deposit, more than a third of all rental properties in England found tenants in the third quarter of this year. This represents a 1.7% jump in just three months and…
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Barnsley House Prices Dipped in July
Barnsley’s house prices took a bit of a tumble last month, and here’s the summary of what’s going on. July saw the average house price in Barnsley drop to £165,820. That’s a 0.8% decrease compared to June. But before you hit the panic button, it’s important to remember that this trend isn’t unique to Barnsley.…
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First-time buyers! Bag a house without paying ANY stamp duty – but hurry, the clock is ticking!
Could you get on the property ladder without paying thousands of pounds in stamp duty? Yes, but you need to act fast! New research from estate agents Lomond reveals 66% of homes for sale in England are priced under £425,000 – meaning first-time buyers (FTBs) like YOU could dodge that hefty tax bill. Right now,…