Author Archive

UK buy to let sector confident going into 2015

18/12/2014

  Published by Property Wire on Tuesday, 16 December 2014   Confidence in the buy to let market will encourage significant investment in the sector by UK property investors in 2015, according to new research. This is despite the fact that 52% of buy to let property investors believe interest rates will rise next year, […]

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New starter home initiative announced by UK government

17/12/2014

  Published by Property Wire on Wednesday, 17 December 2014   A new scheme offering 100,000 first time buyers in the UK new homes with a 20% discount has been announced by the Prime Minister as part of a major push to help people onto the housing ladder. Aspiring home owners will be asked to […]

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Posted in Finances, First Time Buyer, Mortgage No Comments »

Stamp Duty changes – Will it boost UK property sales?

14/12/2014

  Published by OPP Connect on Thursday, 11 December 2014, By Adrian Bishop   UK real estate demand has fallen to an 18-month low, but the new Stamp Duty reforms are set to boost future sales by up to 5%, say industry professionals. Estate agents expect a sales boost of between 2% and 5% from […]

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Posted in Finances, Real Estate, Taxes No Comments »

Metro Bank launches BTL portfolio proposition

13/12/2014

  Published by FT Adiser on Thursday, 11 December 2014, By Emma Ann Hughes   Metro Bank has launched a new buy-to-let proposition for its customers, enabling them to hold up to 25 properties in their portfolio. The lender will allow 25 buy-to-let properties up to a value of £5m and 75 per cent loan-to-value […]

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Abbot calls for rent controls at 50% of annual council tax bill

11/12/2014

  Published by Landlord Today on Wednesday, 10 December 2014   Labour Mayoral hopeful Diane Abbott MP has called for a system of private sector rent controls in a paper published today with renter rights campaign Generation Rent. Under the proposals, monthly rents could be no more than 50% of the local annual council tax […]

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“Size not important” say young Londoners

10/12/2014

  Published by Landlord Today on Wednesday, 10 December 2014   Young Londoners would rather rent a tiny studio flat rather than a large property which was not so well located. High-end letting agency Knight Frank surveyed 18 to 24-year-olds to ask if they would be happy in a “microflat” – described by the agency […]

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Posted in Renting, Stats No Comments »

Fleet Mortgages announces new product range

28/11/2014

  Published by Mortgage Finance Gazette on Tuesday, 26 November 2014   Fleet Mortgages, the new buy-to-let and specialist lender, has announced its first product range covering individual, limited company and houses in multiple occupation (HMO) buy-to-let products. Fleet Mortgages is a new lender based in Fleet, Hampshire, which lends exclusively through the intermediary sector. […]

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October saw a further dip in property valuations in the UK

21/11/2014

  Published by Property Wire on Monday, 17 November 2014   The UK housing market has now cooled following a pick-up in valuations activity in September with October seeing the total number of valuations fall by 20%, new data shows. However, on an annual basis, housing market activity decreased by 10%, an improvement from a […]

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Mortgage slowdown shows cooling of UK property

13/11/2014

  Published by FastFT on Monday, 10 November 2014   There are further signs of how conditions are cooling in the UK property market. Council of Mortgage Lenders data show lending to home buyers decreased 7 per cent month-on-month in September to 58,600 loans. The value of these loans also fell 8 per cent month-on-month […]

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Average asking prices in UK stabilise in third quarter of 2014

03/11/2014

  Published by PropertyWire on Friday, 31 October 2014   Average asking prices in the UK residential market stabilised in the third quarter of 2014 after nine months of consistent growth, according to the latest figures. The average asking price rose by just 0.85% in the quarter but despite this small increase, the average asking […]

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