Mortgages are a big part of life – probably the biggest debt most of us have, but often something that we don’t entirely understand. On the Mashroom Show, we always stress the importance of engaging with a good broker when you are looking at taking on a mortgage, but of course, it’s really helpful to …
Trusting a third-party with potentially your biggest asset, and potentially paying up to 12% of your income for the privilege, is a leap of faith and it’s not something you enter into lightly So, with average costs coming out at anything from 8-12%, why are landlords still handing over the reins to agents? We asked …
Property is a wise investment and has been for a long time. But it is possible to fail as a landlord, so our latest series will break down the pitfalls – and how to avoid them! If you’re a landlord, you’re probably focused on the pros – investing in property can supplement your income, provide …
This week, a surge in landlords taking on additional mortgage debt – and how even increasing rents by a quarter won’t stop some landlords from feeling the pressure It won’t be news to any landlords watching that mortgage repayments are rising – and the Bank of England is widely predicted to raise the base rate …
Discover the best neighbourhoods in the UK
There are almost 80,000 prisoners in the UK, remanded in 117 prisons, which means there are 117 communities that are living near a prison. UK prisons are categorised A – D, with Category A security prisons housing prisoners who pose significant threat to the public and Category D which is known as an ‘open prison’. …
Historical UK If there’s one thing that the UK is teeming with – it’s history! From Hadrian’s Wall in the north to Stonehenge in the south, our history reaches back thousands of years. It’s something that we as a people have embraced, with local and national museums springing up across the country; previously private stately …
According to the World Happiness Report 2021, the UK is the 17th happiest country in the world. Happiness looks different for every person, from young singles to parents there is no blanket recipe to happiness. Most people leave their hometown, with studies showing that on average, most Britons live 100 miles from their birthplace. People …
Friends has been a cultural phenomenon since its launch back in 1994, a sitcom gem that is arguably just as popular today as it was when it first hit the screens. Several thousand cups of coffee and 10 seasons later, people still can’t get enough of the six hapless New Yorkers. Stretching across a decade, …
So many landlords have invested in property for their retirement, but what happens when you get to retirement? Bricks and mortar are a solid investment, right? Whatever happens in this topsy-turvy world, a property portfolio is always going to stand you in good stead. Sure, it may fluctuate a little bit, but ultimately, it’s all …
Autumn has arrived, and with it comes the approaching update on interest rates by the Bank of England. With less than two weeks left until September 21st, now is a great moment to provide an overview of the latest Buy-to-Let (BTL) Mortgage News and delve into the current market predictions. Throughout this year, the interest …
The number of landlords planning to downsize is at an all time high, according to new research The research by the NRLA, the National Residential Landlords Association, shows that 12% of landlords sold properties in the second quarter of 2023, but only 5% bought. The research also found that 37% of landlords are planning to …
Around 20% of English properties are leasehold – but do you understand what that could mean for remortgaging and selling? For many landlords, investing in smaller properties – namely flats and apartments – has been a big part of their business plan. But often, with this sort of property comes an additional complication: a leasehold. …
So you’ve got your Buildings Insurance. But is it correct? Will it actually pay out when you need it to? What happens when you do all you can to protect yourself with your Buildings Insurance, tick all the boxes and dutifully hold all the correct insurances, only to find, when you need to use them, …
The Bank of England has announced that the base rate will increase by 0.25 basis points, bringing the rate to 5.25% Mashroom Mortgages spoke with an economist from one of the big four banks in the UK yesterday and their thinking was that the Bank of England base rate will peak at around 5.75%, they …
