Tag: Northern Ireland
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Funding 365 Unveils New Buy-to-Let Products
Are you looking to expand your property portfolio? Funding 365 has just launched a new range of specialist buy-to-let products designed to make your life easier. The new products are available for a wide variety of properties, including: And if you’re thinking of investing in a property with a small commercial element, Funding 365 can…
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House Prices Stall as Buyers and Sellers Play the Waiting Game – RICS
The property market is in a stalemate, with both buyers and sellers hesitant to make a move, according to a new report. The Royal Institution of Chartered Surveyors (RICS) monthly survey reveals that the number of house sales has fallen for the third month in a row. This is because there are fewer buyers looking…
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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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Mortgage Misery Set to Ease for Homeowners
Good news for homeowners as mortgage misery is predicted to ease in the coming months, according to Halifax, the UK’s biggest mortgage lender. While mortgage costs remain a top concern for those buying a home or coming off fixed-rate deals, there are signs of hope on the horizon. Amanda Bryden, head of mortgages at Halifax,…
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House Prices Remain Stable but Could Rise by Winter – Halifax
The UK housing market remains steady, with prices barely budging last month. According to the Halifax House Price Index, the average house price in June was £288,455, only a tiny drop of £476 from May. This means prices have stayed pretty much the same for three months in a row. While some might see this…
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House Prices Creep Up – Nationwide
Good news for sellers, but buyers still face a tough market and experts predict no sudden price surge. The property market is showing signs of life with house prices edging up in June. But don’t get too excited just yet – experts are calling it a “subdued” recovery. The average price tag on a UK…
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House Prices Set to Rise Despite Being ‘Overvalued’ – Zoopla
Good news for sellers as Zoopla predicts house prices will climb by almost £4,000 this year – but buyers will need deeper pockets. Property website Zoopla has revealed that house prices are expected to rise by 1.5% in 2024, adding an average of £3,900 to the value of a typical home. This comes despite their…
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Mortgage Limits are Blocking First-Time Buyers, Warns Industry Body
Tough mortgage rules are stopping hopeful homeowners from getting on the property ladder, according to a new report. The Intermediary Mortgage Lenders Association (IMLA), a group representing mortgage lenders, is urging the government to take action. They say the current rules are outdated and are blocking aspiring homeowners, especially first-time buyers. What’s the problem? One…
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Estate Agent Fees Rise by 21% – Are You Overpaying to Sell Your Home?
Selling your home? Brace yourself! New research reveals estate agent fees have jumped by as much as 21% since 2019, adding thousands of pounds to the cost of moving. The analysis by Open Property Group highlights how much more expensive selling a property has become, despite a slight dip in average estate agent commission rates.…
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Property Ladder Feels Further Away as House Prices Climb Again
Good news for sellers, but first-time buyers face a tougher battle as house prices rise for the second month in a row. The dream of owning a home just got a little more distant for many, as house prices across the UK saw an 1.1% increase in the year to April. This means the average…