News

19 08, 2017

One in 10 adults owns second home

2018-01-19T16:07:06+00:00August 19th, 2017|

Research suggests that around 5.2 million UK adults, the equivalent of one in 10, have either inherited or bought a second home. Figures provided by the think tank the Resolution Foundation, said that the number of people owning more than one home [...]

18 08, 2017

Mortgage price war caused by buy to let market crash

2018-01-19T16:07:06+00:00August 18th, 2017|

  The slow death of the buy-to-let market is forcing lenders into a mortgage price war as they fight to survive the drop in borrower demand. The Post Office is the most recent lender to dramatically cut rates, offering a new two-year fixed rateof 1.33 per cent, [...]

18 08, 2017

Mortgage price war caused by buy to let market crash

2018-01-19T16:07:06+00:00August 18th, 2017|

Home down payment and house mortgage symbol as a family residence symbol merging with a piggy bank as a real estate financial metaphor with 3D illustration elements. The slow death of the buy-to-let market is forcing lenders into a mortgage price war as they [...]

17 08, 2017

Mortgage price war caused by buy to let market crash

2018-01-19T16:07:06+00:00August 17th, 2017|

The slow death of the buy-to-let market is forcing lenders into a mortgage price war as they fight to survive the drop in borrower demand. The Post Office is the most recent lender to dramatically cut rates, offering a new two-year fixed rateof 1.33 per cent, which [...]

15 08, 2017

One in five buy to let landlords planning to sell

2017-08-31T10:25:28+01:00August 15th, 2017|

A new survey from Britain's biggest landlord organisation has found that one in five buy-to-let investors are planning to sell their properties in the near future. Buy-to-let has become an increasingly unattractive method investment, following the housing market's struggles, new tax rulings [...]

10 08, 2017

Data shows Brighton is the least affordable UK city for first time buyers

2017-08-31T10:25:28+01:00August 10th, 2017|

New data has revealed that Brighton is the least affordable place in the country for first-time buyers, with only 2 per cent of properties in the city affordable for new buyers. The research was conducted by Post Office Money and looked into [...]

7 08, 2017

First time buyers need to save for 11 years to afford a house

2017-08-31T10:25:28+01:00August 7th, 2017|

New research suggests that first-time buyers face 11 years of saving before they can afford a deposit, with this figure rising to nearly 18 years in London. Figures from estate agent Hamptons International show that, it would take the average first-time buyer [...]

31 07, 2017

Estate agents see profits plunge as housing market slows down

2017-08-31T10:25:29+01:00July 31st, 2017|

Two of the biggest estate agent chains in the UK - Countrywide and Foxtons - have seen their profits plummet in the first half of the year, with the housing market showing signs of slowing down. Countrywide is the UK's largest estate [...]