The Nottingham reintroduced its self-build mortgage range today, offering two 80% LTV products. Self-builders can take out a 2-year fix at 4.49% or a 2-year discount variable at 3.99%, both with a £1,499 fee. Nikki Warren-Dean, head of intermediary sales at The Nottingham, said: “Bringing back self-build mortgages is the latest stage of our phased […]
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Landlords who sold properties in 2019 typically owned the home for 9.1 years and sold it for £78,100 more than they paid for it. People selling in London made the biggest gains, with the average London landlord making £253,580, over 20 times that of a seller in the North East (£11,710). Research from Hamptons International […]
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Westminster City Council has granted planning permission for 55 Broadway to be transformed into a luxury hotel, under the ownership of Blue Orchid Hotels, part of the Integrity International Group. Blue Orchid had presented proposals to restore and change the use of the Grade I listed 55 Broadway Complex, which includes 55 Broadway, 100 Petty […]
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Based on conversations Free Office Finder has had with many of its landlords and tenants in the last few weeks, here are nine changes it predict businesses will consider when choosing an office Business has had its fair share of turbulence over the years, but never in our wildest dreams could we have imagined a […]
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The average price of properties for sale in Portugal fell by just 0.8% between April and May 2020. The average price of properties listed by real estate portal Imovirtual was €359.497 in May. Compared to the year before house price growth is still significant. In May 2020 properties listed had an average house price which […]
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Foundation Home Loans has restarted offering buy-to-let products for first-time landlords. Two-year rates start at 2.94% and five-year deals from 3.54%, while the lender has increased LTVs to 75%, including for HMOs and Multi Unit Blocks. Foundation has also launched a new five-year ‘fixed fee’ product for F1 borrowers, for those looking for larger loans. […]
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Alpa Bhakta is chief executive of Butterfield Mortgages On May 12, the Secretary of State for Housing, Communities and Local Government Robert Jenrick announced the re-opening of England’s real estate market, after seven weeks of it being effectively on hold due to social distancing measures. Certain lockdown measures were lifted, ensuring onsite valuations and viewings […]
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New buyer enquiries posted a net reading of -5% in May, indicating that the market is stabilising after plummeting the month before, RICS UK Residential Market Survey has found. Near term sales expectations are broadly neutral, with a net balance of -4%, while 12 month expectations are slightly positive, with a net 10% expecting sales […]
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Investec Structured Property Finance has provided an £8m facility for a joint venture between Urban & Provincial and Avanton to refinance existing debt secured against a 23,600 sq ft Carpetright store in South Bermondsey, London. The borrower secured permission to convert the existing premises at 651-657 Old Kent Road and build 262 flats. Daniel Carlisle […]
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Web searches for ‘Gardening DIY’ increased by over half (57%) between February and March 2020, a study by conveyancing firm TRUE Solicitors has found. ‘Grow your own vegetables’ is the most searched for gardening job, with an 81% increase in searches for the past month. ‘How to paint a fence’ comes a close second, with searches rising […]
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