The latest insight into the new-build sector from Alliance Fund, the end to end real estate fund, has revealed that homebuyer demand for new homes dropped during the closing stages of 2022, whilst the level of new-build stock available to buyers increased. Alliance Fund analysed new-build buyer demand based on the number of new homes […]
Knowledge Bank, the UK’s largest database of mortgage lending criteria, has launched a bespoke interactive criteria guide for lenders to promote their criteria in more places than ever to brokers. The guide is the first of its kind and gives lenders the ability to promote their criteria not only on their website but on email […]
The UK’s largest protector of deposits’ quarterly Rent Index reveals how average rents in Q4 2022 were £903: an increase of 1.57% (£14) since the previous quarter and 8.27% (£69) since the last quarter of 2021. The report also highlights how rent increases in London and Scotland outstripped the Consumer Prices Index (CPI) 9.20% annual […]
The ASTL and FIBA have written to members and partners respectively, inviting them to support the development and delivery of the Certified Practitioner in Specialist Property Finance (CPSP) education programme, which will launch in the first quarter of this year. The trade associations have worked together and with the LIBF over the last 18 months […]
The latest data from Credas Technologies, the leading identity verification provider, has revealed that a January spike in AML activity across the property sector suggests that those predicting the catastrophic decline of the market in 2023 have done so both prematurely and incorrectly. As the leading identity verification provider, Credas compiles a wealth of unique […]
A new study reveals the top cities for the fastest return on investment in the UK housing market. The study conducted by Bonusetu.com, analysed current market data from Zoopla, Rightmove, and Propertypal to reveal the best place to buy a one-bedroom property for the fastest return on your investment. This was done by comparing the […]
Scotland’s commercial property sector saw £2.395bn traded in 2022, marking a 12.6% uplift on the five-year average (£2.127bn),according to the latest research from Savills. The analysis, which accounts for all commercial property sectors, sets out a year of two halves with Savills recording 81%, (£1.93bn) of the total investment activity in Scotland completing before the […]
Landbay has made further reductions of up to 30 basis points on its five-year fixed rate Special Edition buy-to-let mortgage range. Rates start at 4.29% and the reductions apply to standard properties with LTVs of 55%, 65% and 75%. There is a variable fee structure of between 2% and 7% to help with affordability and […]
As a result of the continued hiking of interest rates – which currently stand at 3.5% – and house prices falling for four consecutive months, market analysts’ confidence in the endurance of the UK’s housing market has been uncertain. However, housing expert David Hannah, group chairman at Cornerstone Tax, has maintained confidence since the first […]
LendInvest, the UK’s leading asset manager for property finance, announces increased funding from Lloyds Bank now totalling £300m to support its entry into the UK’s £1.2tn homeowner mortgage market*. LendInvest’s home owner mortgage product, which beta launched in December 2022 with a select group of mortgage brokers, is due to launch more widely in 2023. […]
