Author Archive

Number of mortgages for UK first time buyers doubles in three years


  Published by Property Wire on Tuesday, 02 June 2015   The number of mortgage products available to first time buyers in the UK has doubled in the last three years, while rates have dropped by 1%, new research shows. Since 2012 the number of 95% mortgages available has increased by 448%, according to a […]

Tags: firts time buyer, low rates
Posted in Buy-To-Let, Mortgage No Comments »

Update on mandatory licencing


  Published by Landlord Today on Friday, 29 May 2015 by Emma Lunn   New information has come to light about the Government’s plans to licence landlords. In a speech last week, Prime Minister David Cameron called for a new licensing scheme to tackle landlords who “cram” their houses full of illegal immigrants and powers […]

Tags: David Cameron, HMO. Government, NLA, private housing
Posted in Important, Landlord Law No Comments »

Co-op Bank offer lowest ever fixed rate mortgage


  Published by Money Expert on Tuesday, 05 May 2015   Last Friday saw the lowest fixed rate mortgage ever offered in the UK go on sale. The deal offered a rate of 1.09% that is fixed for two years. This new deal is the latest punch thrown in the mortgage price war that has […]

Tags: Co-op, fixed-rate
Posted in Buy-To-Let, Finances, Mortgage No Comments »

General Election 2015: The property market is freaking out


  Published by City A.M. on Tuesday, 05 May 2015 by Emma Haslett   The property market is terrified of Labour-led government, one of the UK’s largest property search websites has suggested, thanks to the prospect of falling house prices and rising interest rates. According to Zoopla, Labour’s policies on the housing market, which include […]

Tags: election, government, property, tax, zoopla
Posted in News, Real Estate No Comments »

Damp is number one turn off for UK house hunters


  Published by Property Wire on Friday, 03 April 2015   Damp, poor maintenance and a lack of parking top the list of UK house hunters’ biggest turn-offs, according to new research which is published as the spring house season begins. Damp patches staining walls and ceilings are the biggest problem for potential home buyers […]

Tags: dump, lack of parking, nasty odours.biggest turn-off, poor maintenance
Posted in Investing, Real Estate No Comments »

Government backtracks on offices-to-homes plan


  Published by Financial Times on Thursday, 26 March 2015 by Kate Allen, Property Correspondent   Plans to extend developers’ right to convert offices into homes have been abandoned by the government after a backlash led by central London boroughs, business leaders and London mayor …

Tags: commercial to residential, rights abandoned
Posted in Commercial Property, Conversion, Important No Comments »

UK commercial property rental value reaches highest growth since 2007


  Published by Property Wire on Wednesday, 11 February 2015   UK commercial property markets have recorded their highest rental value growth since the third quarter of 2007, a new report from real estate firm CBRE shows. Of 1,022 locations monitored, some 16% showed an increase in rental value but prime yields fell by an […]

Tags: capital value, prime yield, rental value
Posted in Commercial Property, Investing, Real Estate No Comments »

Buy-to-let panel blasts Labour’s rental pledge


  Published by Mortgage Introducer on Tuesday, 03 March 2015 by Ryan Bembridge   The panel at Paragon’s Great Buy-to-let Debate included David Whittaker, managing director of Mortgages for Business, and Paragon’s managing director John Heron. Labour has pledged to ‘make rent increases more predictable’ by changing the law so three year tenancies are the […]

Tags: rent, rental value, three year tenancies, wrong solution
Posted in Buy-To-Let, Interesting, Real Estate No Comments »

Two cheers for Cameron’s housing speech


  Published by Conservative Home on Monday, 02 March 2015 by Mark Wallace   In recent months, we’ve asked a number of times what the Conservatives are offering to young voters. In the ConHome manifesto the top priorities in policy terms are Homes, Jobs and Savings, but within each we urged policymakers to focus their […]

Tags: Conservatives, government, policy, young voters
Posted in First Time Buyer, Interesting, News No Comments »

Is buy-to-let regulation the answer to the housing crisis?


  Published by The Economic Voice on Monday, 02 March 2015 by Ben Gosling   In October 2014, the Bank of England requested the power to place limits on both buy-to-let and residential mortgage lending. By using so-called ‘powers of direction’, the Bank’s Financial Policy Committee (FPC) hoped to be able to direct financial sector […]

Tags: financial sector, FPC, government, mortgage, powers of direction
Posted in Bank of England, Buy-To-Let, Investing No Comments »