LonRes, a property data firm focused on London, has revealed that rental growth in the capital’s prime areas saw a 1.4% rise in July. Although this marks an
Prime London Yields on the Rise, But Still Below Average
Nationwide and HSBC Lower Mortgage Rates
Nikka Sulton
Barclays has announced new mortgage rate cuts within its existing customer reward range, set to take effect from 21 August. These reductions are designed to benefit both existing
Lender Calls on Chancellor to Help Landlords Meet EPC Goals
Nikka Sulton
A mortgage lender is calling on Chancellor Rachel Reeves to include measures in her October Budget that would support struggling landlords, particularly with energy efficiency upgrades. Skipton Group,
Buyer Interest Soars After Latest Interest Rate Reduction
Nikka Sulton
Rightmove reports that the Bank of England’s decision to cut interest rates earlier this month has significantly boosted buyer activity in the housing market. According to Rightmove, there
UK House Prices Dive in August – What’s Driving the Drop?
Nikka Sulton
In August, the average price of newly listed UK homes fell by over £5,000, reflecting a seasonal trend linked to the school summer holidays. Property platform Rightmove reported
Landlords on Edge Over Potential Labour Reforms
Nikka Sulton
A leading rental market analyst has issued a stark warning that Labour’s proposed reform legislation is creating significant anxiety within the lettings sector, with many landlords increasingly concerned
Should You Get A Short Term Mortgage?
Nikka Sulton
In 2024, a growing number of homeowners are opting to fix their mortgage rates for just two years. This shift indicates that many are anticipating a drop in
Should You Extend Your Lease Now?
Nikka Sulton
Ed Magnus of This is Money responds: Many leaseholders are likely assessing how the recent Leasehold and Freehold Reform Act will impact their decisions. The abolition of marriage
Persistent Rent Increases Prompt Government Alerts
Nikka Sulton
Official government data shows that average private rents in the UK rose by 8.6% in the 12 months to July 2024, the same rate as in the previous
Are Mortgage Rates Going To Stay Low?
Nikka Sulton
Experts suggest that the recent uptick in inflation is unlikely to disrupt the current trend of lenders cutting mortgage rates. Inflation has risen to 2.2% for the 12