Tag: Octane Capital
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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…
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Mortgage Borrowing Doubles – Is A Rate Cut on the Way?
Mortgage borrowing in the UK has more than doubled, jumping from £1.3 billion in May to £2.7 billion in June, offering a glimmer of hope to homebuyers. Could this signal a rate cut is on the horizon? The Bank of England’s latest report shows the annual growth rate for net mortgage lending is also on…
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Mortgage Rate Drop on the Horizon for Homeowners!
Could August see the Bank of England cut interest rates and provide much-needed relief for mortgage holders? Good news for homeowners and aspiring buyers! Mortgage rates are predicted to fall as lenders benefit from cheaper funding options. This follows recent figures revealing a decline in average swap rates – a key factor influencing mortgage interest…
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More Buy-to-Let Mortgages Available
After a period of uncertainty, the number of buy-to-let mortgage products is on the rise, offering you more choices than ever before. The experts at Octane Capital, a specialist lender for property investors, have crunched the numbers and found a significant increase in mortgage products across the board. This is great news for everyone looking…
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Mortgage misery set to ease for homebuyers!
New figures show mortgage lending has plummeted to a 30-month low – but there’s light at the end of the tunnel! The latest figures show that getting a mortgage has become even tougher, with total mortgage lending collapsing to its lowest level since December 2021, when interest rates first began to climb. During the first…
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House Buyers Desert Market as Mortgage Lending Hits Rock Bottom
Mortgage lending has plummeted to its lowest point since interest rates began their relentless climb back in 2013, leaving those hoping to buy a home stuck in the doldrums. A new report from Octane Capital paints a bleak picture for the housing market, with total mortgage lending hitting a paltry £50.5 billion in the first…
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Election Jitters Won’t Stop You Getting a Mortgage!
Don’t let the upcoming election scare you off buying a home! Experts say the mortgage market is in a good place, with lower rates and more choices than ever before. According to Octane Capital, the average mortgage rates have been steadily dropping across the board. This means you could be getting a better deal than…
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Fewer Property Markets Keeping Up With Inflation
The latest property market analysis from Octane Capital shows that fewer local authorities in the UK are seeing house price increases that surpass the rate of inflation compared to last year. This shift indicates a slowing but still resilient housing market. In the past year, only 56 local authorities experienced house price growth that beat…
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Buy-to-Let Yields Improve as Prices Rise
Buy-to-let landlords are witnessing a significant increase in their investment returns, despite the challenges of rising costs. An in-depth analysis by Octane Capital has uncovered that rental yields have climbed over the past two years, creating a lucrative scenario for property investors despite a backdrop of economic turbulence. Rising Rents, Rising Yields According to the…
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Buy-to-Let Yields Rise Despite Costly Challenges
The allure of investing in buy-to-let properties continues to strengthen in the UK, with average yields now standing at a robust 5.8%, marking a significant rise from the 4.9% observed two years ago. This data, revealed by a study from Octane Capital, highlights the evolving dynamics in the rental market, despite the various financial pressures…