The latest HPI data from e.surv and Acadata indicates a turning tide with a 0.1% increase in the average sale price of a home in England and Wales, a welcome change following four months of decline. A combination of strong wage growth and strong first-time buyer demand due to Stamp Duty relief are thought to […]
The latest research by London lettings and estate agent, Benham and Reeves, has revealed which prime London postcodes are currently seeing the highest levels of market activity, as well as the postcodes commanding the highest price amongst the capital’s high-end homebuyers, with one Westminster postcode topping the table with an average sold price of £6.m over […]
A record number of landlords (88%) have no confidence in the current private rental sector, a figure that increases to 90% in London, according to new data from SpareRoom, the UK’s leading flatsharing website. More than a third (34%) of landlords plan to leave the sector altogether this year, spelling a stark reduction in long-term […]
Assetz Capital, a leading funder in the SME residential development market, has cut its development finance rates again to a new headline rate from 9.1%. This significant rate reduction comes just months after a rate cut in October last year. Andrew Fraser, chief commercial officer at Assetz Capital, commented, “We need to pass on interest […]
The latest analysis from epIMS, the EPC and energy efficiency platform developed for landlords, reveals that over 40% of landlords remain unaware that an EPC rating of C is soon to become the minimum standard allowed by law for private rented properties, and more than a quarter don’t know what their current EPC rating is. On […]
Savills has been appointed to bring a prestigious Strategic Land Portfolio to the market in the highly desirable locales of Bearsden, Lenzie, and Milngavie totalling 80.37 hectares. Comprising three prime land sites, each presents an opportunity for significant future residential development subject to planning consents. Bearsden Site: Spanning 29.6 hectares and situated at Langfaulds Farm, […]
Hampshire Trust Bank (HTB) has launched an Automated Valuation Model (AVM) option as part of its short-term lending proposition, offering brokers a faster, more cost-effective way to secure valuations for time-sensitive transactions. Available for residential investment properties, including houses, low-rise flats and small HMOs, the AVM option supports property values between £250,000 and £1m, with […]
Landlord research carried out by mortgage market specialist Pegasus Insight reveals gently increasing optimism among landlords, despite the introduction of higher Capital Gains Tax (CGT) in the October Budget and the potential impact of the Renters’ Rights Bill which the government has committed to introducing. The latest Landlord Trends report for Q4 2024 shows that […]
Gatehouse Bank has announced a series of changes to its range of buy-to-let (BTL) Purchase Plans. This includes the launch of a new 5% fee option on two-year and five-year fixed term BTL products for UK expats and international residents, which is available to individual applicants as well as UK-registered SPV Limited companies. This option […]
The Greater London and South East office market recorded 2.7 million sq ft of take-up in 2024, reflecting a modest 4% decrease on 2023. The reduction in transactional activity can be partly attributed to lower levels of take-up recorded in Q4 2024, according to the international real estate advisor Savills. Business sentiment was tempered following […]
