Research by Yopa, the award-winning national estate agency, has revealed that while the vast majority of the UK property market has seen house prices surge since the last market downturn, there are as many as 49 local areas that are yet to recover when it comes to inflation-adjusted house price growth. Yopa analysed the latest […]
Pepper Money has made a number of enhancements to its lending criteria to help customers maximise their affordability when they apply for a mortgage. The specialist lender has increased the amount of variable income it will consider as part of an affordability calculation and can now include 100% of monthly bonus or commission and 100% […]
Specialist buy-to-let lender Landbay has made more than 80 changes to its product range including a host of rate reductions with rates starting from 4.09%. Among the highlights of the changes are rate reductions of up to 0.20% across a variety of products. These include Landbay’s two-year fixed rate range for standard properties and two […]
A survey of more than 1,000 landlords by The Deposit Protection Service (The DPS), has suggested that a significant proportion of landlords are implementing rent rises in the face of increasing costs. The research from the UK’s largest protector of deposits has revealed that three quarters (75%) of respondents planning to remain in buy-to-let during […]
Research from Savills reveals that central London take-up at the end of Q3 reached 2.2m sq ft, across 179 transactions, down on the long-term average for Q3 by 25%. However, leasing activity was up 10% on the previous quarter, and has seen the highest quarterly take-up so far this year. Take up for the year […]
An updated list published this week shows all 51 developers have now signed up to the government’s building safety remediation contract. Four developers who had signed up have been found to be outside the scope which covers properties of 11 metres or higher built in England over the last 30 years. A spokesperson from the […]
The shocking statistics that reveal 4.75 million homes are needed across the UK (4.3 million in England), only 0.2% of land in England is vacant to build on, and since July this year, 58 local authorities have suspended their development plans, illustrate why such a framework is so vital to getting Britain building again. Launched today, the white paper […]
According to Savills latest UK Single Family Housing (SFH) Spotlight report, over £1bn has been invested into the single family housing market in the first three quarters of 2023, with investors looking to deploy a further £25bn into the sub-sector over the next five to ten years. By April, 2023 was already a record year, […]
Precise Mortgages, part of leading specialist lender OSB Group, has enhanced its residential and buy-to-let mortgage offering to give customers access to lower rates and more choice. Key residential highlights include: New 70% LTV products Rates reduced by up to 30bps with rates from 5.99% New products for customers with adverse credit including those on […]
Castle Trust Bank has increased the maximum loan size on which it can use Title Insurance to expedite the process from £2m to £3m. The specialist bank is now able to use Title Insurance to speed up transactions on its Bridge and Light Refurbishment bridging products on loans up to a maximum value of £3m. […]
