Tag: Hotspot
-
Landlords Splashed the Cash as Mortgage Rates Fell
Buy-to-let investors have been snapping up properties and expanding their portfolios as mortgage rates fell, new research reveals. Despite government policies aimed at cooling the buy-to-let market, landlords were riding a wave of confidence, fuelled by cheaper borrowing costs. Analysis by Octane Capital shows the average buy-to-let mortgage rate plummeted from 5.99% in September 2023…
-
Slight Property Slowdown but House Hunters Still Keen
Even though interest rates are still relatively high, there are more homes being snapped up compared to last year. That’s according to the latest figures from property experts GetAgent. They say 43.9% of homes for sale in England have already been snapped up – that’s 2.6% more than this time last year. Where is the…
-
Stirling House Prices Rise – Is It a Good Time to Buy?
House prices in Stirling are bucking the trend, with bigger fluctuations than the rest of Scotland, but are things about to change? We’ve crunched the numbers to reveal the inside story on Stirling’s house prices, and what it means for YOU, whether you’re buying or selling. The good news is, Stirling is a property hotspot!…
-
Milton Keynes House Prices Rising
Good news for Milton Keynes homeowners: house prices are rising! But how does this compare to the rest of the South East, and what does it mean for buyers and sellers? The latest figures show that the average house price in your area has jumped to £321,883. That’s a 2.95% increase in just one month…
-
Scottish Seaside Homes Selling Like Hotcakes!
Fancy living by the sea? You’re not the only one! Scottish seaside towns are booming, with houses in some areas now costing over £850,000! New research from Rettie shows that people are flocking to the coast, pushing up house prices. In fact, 13 of the top 20 most expensive places to buy a house in…
-
Eastbourne is an Upcoming Seaside Property Hotspot
Forget battling sky-high prices in Brighton – Eastbourne is the place to be for beach lovers hunting a property bargain. You could snap up a semi-detached home in desirable Willingdon for an average of £339,620, or £294,337 in charming Hailsham. Compare that to Brighton’s eye-watering average of £518,569 for the same type of property, and…
-
Birmingham Build-to-Rent Booms – Your Next Investment Hotspot?
Property investors and developers looking for the next big opportunity need to look no further than Birmingham. The city’s Build-to-Rent (BTR) market is booming, with a staggering 12,200 units in the pipeline, according to a new report from property giant JLL. That’s almost double the number of existing BTR units currently available in Birmingham! This…
-
Top UK Postcodes for Rental Yields on Properties Under £100k
Looking to invest in property but don’t want to break the bank? You can still become a landlord without having to fork out a fortune, and some areas offer incredible returns on your investment. We’re talking about rental yields, which is the amount of income you earn from renting out a property compared to the…
-
Edinburgh Property Hotspots – EH3 and EH8 Top the Charts for Rental Returns
Thinking of becoming a landlord in Edinburgh? New data reveals the postcodes where you could earn the highest rental yields – and EH3 and EH8 are leading the pack. According to the latest figures from ESPC, covering April to June 2024, these two Edinburgh postcodes are a goldmine for buy-to-let investors. EH3: A Hit With…
-
First-Time Buyer Hotspots – Where to Bag a Bargain and Build Your Future!
Getting on the property ladder can feel like a distant dream, but fear not, aspiring homeowners! Forget battling sky-high prices and fierce competition – these locations offer the perfect blend of affordability, job opportunities, and family-friendly amenities. Location, Location, Location (And Affordability!) Let’s talk numbers – according to the latest government data, County Durham, Blackpool,…