Rent and mortgage spending increased 1.8 % year-on-year last month, the lowest rate of growth since August 2024, according to the latest Barclays Property Insights report. Though encouraging, costs continue to increase, and consumers’ confidence in their ability to afford their rental and mortgage payments dropped to 52 % in December (down 3 percentage points), […]
Skipton International, a licensed bank in Guernsey and a leading mortgage lender for UK buy-to-let mortgages, has announced the launch of a brand new 3-year mortgage product at a fixed rate starting at 5.89%. Skipton has also announced the reduction in mortgage rates for new customers across its UK buy-to-let fixed rate range with the […]
Aspen Bridging has updated its award-winning* Bridge-To-Let (BTL) product with the launch of a new three-year hybrid offering. Applicants can now opt for a nine-to-12 month bridge followed immediately by a two-year BTL option. The loan is fully underwritten upfront and uses one facility letter and one initial valuation for both elements. The product is designed for […]
Savills prime central London agency and residential development teams reported one of their strongest ends to a year with a flurry of deals taking place during the last 10 days of 2024. Over £100m worth of residential property exchanged during the period from the 20th to 31 December with one completing on the night of […]
Aspen Bridging has enhanced its market proposition with its new 2025 Rate Card showing reductions of up to 80bps for all new applications and a higher maximum loan size of £15m net. The cut sees Flat Rates starting from 0.79% per month, a further decrease of 60bps. Stepped Rates are now from an initial rate […]
Buy-to-let lender Landbay has reduced rates across its new limited edition range, which is now available for remortgage and for new purchases too. All eight products in the range have seen a 0.10% reduction in rates. This includes the standard five-year fixed rate products – available at up to 75% loan-to-value (LTV), as well as […]
Payr, officially launches in the UK to offer a smarter, more flexible way for tenants to pay rent. Payr allows individuals and businesses to pay their rent using their existing credit cards, allowing renters to earn rewards, manage cashflow and settle international payments instantly. For the first time, Payr enables tenants to truly maximize their […]
A new survey of 2,000 UK adults found: 51% said having a thriving local high street is essential when choosing where to live 28% would pay more for a property if a great local high street was nearby But 54% said their local high street has deteriorated over the past five years 78% want the […]
Savills has raised its outlook for the average total return for UK real estate in its 2025 cross-sector outlook, forecasting an average return of 7.4%, compared to 6.8% for 2024. In its annual cross-sector forecasts, the international real estate advisor says that while income will continue to make up the bulk of property performance, from […]
Landlords think the change to the stamp duty threshold next year will encourage tenants to stay longer and could even boost rental demand, a new survey has found. Buy-to-let lender Landbay’s most recent landlord survey asked landlords: “The government will not extend the temporary stamp duty threshold for buyers past the end of March next […]
