According to the 2024 European Purpose-Built Student Accommodation (PBSA) Investment Barometer*, conducted by The Class Foundation and Savills, involving investors and operators with portfolios totalling over 132,000 beds across Europe, with an asset value of c.€25.3bn, respondents expect to increase the number of beds they have by 70% over the next 2-5 years. This would […]
Confidence abounds in the northern regions while the green shoots of recovery are increasingly evident in the south, according to Home.co.uk’s November Asking Price Index. The property website has found that overall, the UK property sales market is in good shape, with current growth driven mainly by the northern powerhouse regions and the latest rate […]
Gatehouse Bank has today reinstated refinancing for buy-to-let applications from UK Residents, UK Expats and International Residents as well as for Home Purchase Plan* (HPP) products for International Residents. This means that the Bank will now accept refinance applications on all buy-to-let and HPP products, with a finance-to-value** (FTV) of up to 80%, including the […]
Average house prices are set to increase by £84,000 over the next five years, according to the latest house price forecast from property adviser, Savills. With inflation returning to the 2% target and the prospect that interest rates will continue to fall over the next two years, house prices are expected to return to consistent […]
Defying Gravity: Market Resilience Cameron Ewer, head of Savills Residential in Scotland, commented, “The Scottish prime market has been adjusting to wider economic challenges and defying gravity this year, with strong premiums achieved in mainstream markets and some record prices for ‘best in class’ properties. The first Labour budget in 14 years was bound to […]
The UK Build to Rent (BTR) sector saw robust growth in Q3 2024, attracting £800m in investment, a notable increase from the same period last year. According to international real estate advisor Savills, the firm’s latest UK Build to Rent Market Update shows that Single Family Housing (SFH) led the way, representing a record 50.4% […]
The average price of a home in Wales dropped to about £232,400 in the third quarter of 2024 –2.9% below October 2023 figures and almost 7% below its peak of £249,000 at the end of 2022. However, the pick-up in transactions in the third quarter has offset the slight downturn in prices, signalling a gradual […]
Landlord research carried out by mortgage market specialist Pegasus Insight reveals a prevailing mood of pessimism among landlords, despite the fundamentals for the private rented sector (PRS) remaining robust, with strong tenant demand, average yields reaching a 10-year high and the vast majority of landlords making a profit on their rental properties. The latest Landlord Trends report […]
Assetz Capital, a leading funder in the SME residential development market, has announced a significant milestone with the launch of its new 9.35% development finance rate, aimed at providing house builders, brokers, and landowners with a fast reliable financing solution up to 70% LTGDV UK wide. In tandem, decisioning is also available within 24 hours […]
The government has announced ambitious plans to build 1.5 million homes in England over the next five years, with a modern generation of New Towns being an important part of its house-building agenda. Halifax has analysed New Town house price trends over the last three decades to understand how these locations have performed compared to […]
