The UK housing market will bounce back in 2020 now there’s less uncertainty about Brexit. This is according to Simon Lyons, who is chief executive of property development and investment group Enstar Capital, which is behind retail development plans for London’s Olympia and Paddington Station areas. He said: “The biggest market mover is optimism, it […]
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Galashiels in the Scottish Borders (£266), Lisburn in Northern Ireland (£317) and Craigavon in Northern Ireland (£324) are the cheapest places to rent a room in the UK, SpareRoom research has revealed. The costliest places are Jersey (£784), Twickenham (£684) and Barnet (£666), both in London. South London’s Abbey Wood (£533) is the most affordable […]
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State Bank of India’s buy-to-let product range will also be made available through brokers using Legal and General Mortgage Club. The firm provides buy-to-let financing up to 75% LTV to portfolio landlords & individuals, while it provides products for limited companies, expats and HMOs. Stephen Banks, head of national sales for SBI, said: “We are incredibly […]
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Gatehouse Bank has cut rates across its buy-to-let mortgage range. The most significant reduction is a 0.70% rate cut to its 5-year fixed term for international residents, which now costs 3.99%. For UK residents, the 2-year fixed term and 5-year fixed term buy-to-let products have been cut by 0.10% to 3.19% and 0.24% to 3.65% […]
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Extending a City of London property would increase its value by £285,566 by square metre – the most across the UK, research from Leisure has found. In second was Westminster (£36,030), followed by Camden (£36,030). Outside of London homes in Broxbourne, Hertfordshire, are the most likely to have their value increased by an extension, with […]
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House price growth reached 4% in the year to December 2019 despite pre-election jitters, Halifax’s House Price Index found. Prices rose by 1.7% on a monthly basis, bringing quarterly growth back up to 1.0%. Jeremy Leaf, north London estate agent and a former RICS residential chairman, said: “On the back of the largest monthly increase for […]
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Jan Večerka (below) is chief executive and founder of BrikkApp, a Europe-based company that connects investors with property investment platforms from across the world You don’t need to fully own something to enjoy it. That has become the mantra of the sharing economy – a model that has had a seismic effect on how we […]
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Mortgage switching tool Dashly has partnered with Castlight Financial, part of Experian. Via open banking technology, Castlight’s Affordability Passport means Dashly users can choose to share their current account transactional data in real time with both their advisers and lenders. Martin Leonard, chief operating officer, Castlight Financial, said: “We are thrilled that our technology is […]
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A quarter (26%) of landlords plan to cash in on at least one property this year, potentially putting half a million homes up for sale, research by landlord insurance provider Simply Business has found. What is more, four fifths (82%) of landlords are not planning on buying any more properties in 2020. The top reasons […]
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The UK has seen nearly 40,000 planning applications filed retrospectively for developments in the past three years, research from Churchill Home Insurance has revealed. If a homeowner makes a change to their property that requires planning permission and they have not had approval, a local authority can request they submit a retrospective planning application. A […]
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