Intense competition within the UK property market has meant there has been a significant increase in the demand for bridging finance. As UK home buyers try to get an edge over their rivals, the demand for bridging loans has soared. The stamp duty holiday meant £171.69m more bridging loans were granted in 2021 than in …
The demand for new homes has fallen to pre-pandemic levels, signaling a slowdown in a previously accelerating demand. This cooling follows a 3-month period of sustained growth in house hunting, according to new research from WhatHouse.com Searches for new build homes slowed by around 7 per cent in April, according to the data. The research …
As a first time buyer, have you ever wondered just what different properties are worth across the country? We’ve compared rent across the country to everyday luxuries, but we were curious about the buying price of properties across the UK. What are some of the most expensive properties and what makes them so pricey? And …
You’ve seen the ads, you may have even bought a ticket, but are you curious about the house lotteries we see popping up everywhere? It seems like all we see in housing news these days is that prices are rising, with the age for first time buyers creeping up every year, as larger deposits and …
Weddings have been known to break the bank for brides and grooms across the nation, but could couples be prioritising becoming first time buyers instead? Creating the picture-perfect day can be stressful mentally and financially for couples. Couples can definitely save when it comes to big investments like mortgages, but that doesn’t mean saying ‘I …
A record-breaking surge in buy-to-let companies is driving new mortgage applications. A flood of buy-to-let companies were set up in 2021 – with half of new buy-to-let mortgages taken out by a firm rather than by individual landlords. Hamptons the Home Experts UK have reported that 47,400 buy-to-let companies started in 2021, with most of …
There is definitely something about this time of year that makes you want to start planning and setting some big goals, so it’s great that you’re embracing that new year energy! Our at the time COO Naveen Jaspal has shared on TikTok that she waited too long to invest in her next property (8 years!) …
The City was pretty shocked back in November when the Bank of England held the base rate at 0.1%. We broke down how that affected first time buyers, buy-to-let and remortgages. Today the Bank of England shocked the City again and gave us all an early Christmas surprise as it unexpectedly raised the interest rate …
There have been impassioned pleas for landlords to open their hearts and their portfolios to asylum seekers, but research has shown that over 75% of mortgage lenders are slamming the doors. The Mirror newspaper has conducted an investigation and claims that 55 out of 75 mortgage lenders have conditions built into their small print which …
If you asked the general public who landlords are, no doubt you’d hear a lot of the old cliches. The assumption is that landlords tend to be older, male – and usually rolling in dough. But these days, it’s just not true! We broke down the Bank of England base rate and showed why we …
