Tag: Octane Capital
-
HMO Investments – High Costs but High Returns?
While traditional residential properties remain a popular choice, Houses in Multiple Occupation (HMOs) have emerged as a compelling investment strategy, offering superior yields despite higher initial costs. What is an HMO? An HMO, or House in Multiple Occupation, is a property rented out by at least three people who are not from one ‘household’ (e.g.,…
-
More Affordable Mortgages: A New Season in the UK Housing Market
Recent data suggest there is some good news for property investors: mortgage affordability has seen an improvement since summer, making it more feasible for potential homeowners. According to research by the specialist property lending experts at Octane Capital, there has been a marked increase in mortgage affordability since this summer. This means that individuals who…
-
Mortgages Power the Buy-to-Let Sector
A central takeaway from recent findings is the clear dominance of mortgage financing among buy-to-let landlords in the UK. Simply put, mortgages are the lifeblood of this sector, which suggests that changes in mortgage rates could ripple through and impact a majority of the UK’s property investors. According to a detailed analysis by Octane Capital,…
-
Mortgage Payments 39% Higher than 5 Years Ago
According to a study by lender Octane Capital, the average homebuyer today is shouldering a 39% hike in monthly mortgage repayments compared to just half a decade ago. Even when factoring in inflation, these numbers are startling. To put that in perspective: The Method Behind the Madness To come to these numbers, Octane Capital assessed…
-
Housing Market to Bounce Back in Autumn?
The UK property market has faced significant challenges over the past year, but there is hope on the horizon for potential investors. Recent research by Octane Capital, a specialist property lending firm, suggests that the market will see an upturn in activity during the autumn months. While mortgage approval rates have experienced a sharp decline,…
-
Cash Buyers Snapping up Bargains
Cash buyers in the UK property market are gaining a bigger advantage over those using mortgages, as rising interest rates and higher prices make it harder for mortgage holders to compete. Data from Octane Capital showed that in June 2023, cash buyers were completing deals for £27,600 less than mortgage buyers, compared to a gap…