Half of HMO landlords in a survey by buy-to-let lender Landbay have said they use their property or portfolio as their sole source of income. Just under 30% of landlords who took part in the survey owned an HMO (house in multiple occupation) property or portfolio. 72% of these landlords owned HMO properties through a […]
Brickflow, the UK’s marketplace for commercial property finance, has secured a significant partnership with Together, strengthening its lender proposition by adding bridging loans and commercial mortgages from the prestigious lender to its platform. By combining Brickflow’s innovative technology with Together’s established expertise and extensive product range, users will benefit from an unparalleled level of access, […]
In 2024, the international real estate advisor expects a 30% YoY increase to 4.3m sq m, followed by a 3% YoY fall to 4.2m sq m in 2025. Developers have faced a significant increase in costs over the last few years which has impacted their pipeline. European office construction costs have risen by circa 50% […]
Gatehouse Bank has today reintroduced top slicing for UK residents purchasing a buy-to-let (BTL) property. Top slicing, sometimes referred to as income top-up, can be used where the rent paid by the tenant does not exceed the monthly payment charged by the Bank by the required amount. In these cases, subject to certain limits, the […]
A new house price forecast by peer-to-peer real estate investment platform, easyMoney, reveals that recent optimism in the UK property market could be well-founded, as it predicts house prices to grow by an average of 6.3% by the end of 2025. easyMoney has analysed historic sold prices from the Gov UK House Price Index* as […]
Buy-to-let lender Landbay has announced that it is joining Optimum ELITE’s panel of lenders. The move will open up Landbay’s award-winning mortgage platform to Optimum’s commercial broker network. Optimum ELITE is a commercial broker network based in Sheffield, with firms operating all over the UK. Since its inception four years ago, Optimum ELITE has grown […]
Buyers are paying on average 48% more to live within one of Great Britain’s protected green spaces, according to latest research from Savills, with second-hand home sale prices roughly one and a half times higher than the surrounding counties in which they sit. The average price of a property sitting within the boundaries of a […]
Atom bank, the UK’s first app-based bank, has announced a raft of rate reductions on its commercial mortgage range, including on large commercial mortgages. Commercial mortgages of between £2m and £4m will see rates cut by up to 0.25%, effective immediately. The rate reduction comes after Atom bank last month increased the maximum loan-to-value (LTV) […]
Nearly half of landlords intend to buy property in the next 12 months, according to Landbay’s latest landlord survey. Forty four per cent said they would invest in property, a significant jump compared to Landbay’s last survey at the end of last year in which only 32% said they would buy. More than six out […]
On Friday 24 May 2024 the government rushed the Leasehold & Freehold Reform Bill through parliament before it was dissolved ahead of the General Election on 4 July. Michael Gove, who originally pushed to update the ‘feudal’ leasehold system, stood down from his role as Housing Secretary, as well as Conservative MP. As expected, the bill […]
