Research carried out by mortgage market specialist Pegasus Insight shows a range of perceptions and awareness among tenants about the Renters’ Rights Bill (RRB) and how it will impact them. The latest Tenant Trends report reveals that 32% of tenants are ‘fully aware’ or ‘mostly aware’ of the details included in the RRB; 20% are ‘somewhat aware’ […]
Despite negative economic news regarding the wider UK economy, the UK property market retains significant optimism, according to Home.co.uk’s Asking Price Index for March. The flow rate of properties moving through the sales market is relatively high, thanks to substantial demand. Rising asking prices during the last month were supported by seasonal optimism and a […]
Scotland is outperforming England and Wales, but not all regions experienced growth – the positive news is largely concentrated around the central belt. East Dunbartonshire saw a significant annual increase of 6.9%, reaching new highs. Other areas like Glasgow City and South Lanarkshire also reported notable annual gains (up 6.2% and 7.3% respectively). Conversely, East […]
The latest HPI data from e.surv, powered by Acadata, shows a 2.5% annual decrease in the average sale price of a home in England and Wales, which reached £357,300 in February. Despite this annual decline, there was a positive monthly growth of 0.7%. This marks the second consecutive month of growth in prices supported by […]
Buy-to-let lender Landbay has strengthened its popular limited edition range with the addition of four new products for small houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs). The four new products are available at up to 75% loan-to-value (LTV) and cover loans between £150,000 and £500,000. They are available as five-year fixed rates […]
Specialist property lender KHK Capital has received further funding from Shawbrook, alongside Hampshire Trust Bank (HTB), taking its total facility to £65m. London- based, KHK provides short-term, property-backed loans to property professionals for business purposes. KHK initially started working with Shawbrook in 2020, when the specialist lender provided a facility worth £12.5m. The facility was […]
VAS has joined the Intermediary Mortgage Lenders Association (IMLA). VAS is a valuation panel management and valuation auditing business. Established 10 years ago, it now facilitates more than 2,000 valuations a month for lenders and brokers via more than 200 third-party valuers through its VAS Panel division. It also provides valuation audits, desktop valuations and […]
There is still appetite among landlords to buy despite recent changes to stamp duty on additional investment properties, new research from Landbay can reveal. In the wake of the Budget, just under a third of landlords (27%) told Landbay they are still looking to purchase properties. Among those willing to buy, there was an equal […]
Gatehouse Bank has today announced rental rate* reductions across its full range of buy-to-let (BTL) products for UK expats and international residents, for both new and existing customers. Rental rates have been reduced by 0.22% on all standard and green two-year and five-year fixed term products for individual applicants as well as UK-registered SPV** Limited […]
Specialist lender Black & White Bridging has been added to the lending panel of the Brightstar Group, which includes Brightstar Financial and Sirius Finance. The addition of Black & White Bridging to the panel will provide brokers within the Brightstar Group with access to its range of specialist property finance solutions, including residential and commercial bridging and […]
