Virgin Money has announced an increase in its mortgage rates, taking a different approach from the trend observed last week when two prominent lenders introduced price reductions. The
Mortgage Rates 2025 Virgin Money Increases Costs
Reeves’ Budget: Mortgage Costs Up £1,000+
Nikka Sulton
Rachel Reeves’ “disastrous” Budget is set to burden middle-class families with an additional £1,000 in mortgage costs, as revealed by a detailed analysis conducted by The Telegraph. This
MPs Urged to Rethink Ban on Upfront Rent Payments
Nikka Sulton
A PropTech chief is urging MPs to reconsider their stance on restricting tenants from being asked to pay rent upfront prior to the start of a tenancy. This
Labour MP Major Unions Back Rent Control Push
Nikka Sulton
A Labour MP is putting forward an amendment to the Renters Rights Bill with the aim of limiting rent increases during a tenancy. Paula Barker, the Member of
Best and Worst Capital Appreciation in the Past Year
Nikka Sulton
House prices in Stoke-on-Trent saw a significant rise of 17.2% during the year to September 2024, making it the top performer in the UK housing market, as reported
Bank Highlights ‘Knowledge Gap’ on EPC Costs
Nikka Sulton
A recent study conducted by Atom Bank has uncovered a significant ‘knowledge gap’ among UK homeowners when it comes to understanding Energy Performance Certificates (EPC) and the costs
Scotland’s BTL Market Collapses Under Rent Controls
Nikka Sulton
Scotland’s buy-to-let (BTL) market has seen a sharp decline, serving as a cautionary tale for private landlords in England. Recent data highlights that the number of landlords investing
Claim: Tenants Spend 80% of Income on Rent
Nikka Sulton
In 2024, the average UK tenant paid around £10,000 in rent annually, with those residing in London facing much higher rental costs, reaching up to £15,000. This data
House Prices Drop, But Lenders Warn It Won’t Last
Nikka Sulton
House prices have experienced a drop for the first time in nine months, marking a shift in the market as the year drew to a close. According to
Why Investors Choose Interest-Only Mortgages
Nikka Sulton
When it comes to property investing, a common question often arises: why do so many investors prefer interest-only mortgages over repayment mortgages? The answer is rooted in the