Landbay is now offering 2-year fixes at 2.95% to 60% LTV and 3.09% to 70% LTV after cutting buy-to-let rates. The lender is also offering a 75% LTV 5-year fix at 3.69%, following a 0.06% rate cut. The company has launched a 70% LTV 5-year fix, which is priced at 3.59%. Paul Brett, managing director […]
The post Landbay cuts buy-to-let rates by up to 0.14% appeared first on PropertyWire.
Andrea Fawell is sales and marketing director of Kebbell, the real estate developer Getting on the property ladder is difficult enough but knowing which scheme on offer can benefit you can be hard to work out. CURRENT HELP TO BUY SCHEME One of the most popular schemes is the government’s Help to Buy equity loan […]
The post How Help to Buy will be changing in 2021 appeared first on PropertyWire.
Whitstable in Kent has been rated the best seaside location to move to by Compare My Move, based on a range of factors including the quality of the beaches and the typical earnings in the area. People earn on average £34,705 in Whitstable compared to an average house price of £394,403. Meanwhile annual precipitation (rain) […]
The post Whitstable the best seaside area to move to appeared first on PropertyWire.
A number of tenants are struggling with the burden of paying rent, Goodlord research indicates. As it stands one in four tenants have missed rental payments, had to make alternative arrangements to pay their rent, or are concerned about paying their rent in the future. Over a quarter of tenants (28%) believe their current income […]
The post 25% of tenants concerned about paying the rent appeared first on PropertyWire.
The industry has been commenting on the end of the repossessions ban in the rental housing market in England and Wales, which occurred on the 20 September. Ben Beadle, chief executive of the National Residential Landlords Association (NRLA), said: “After a six month ban on repossessions it is important that landlords can start to take […]
The post Industry reacts to end of evictions ban appeared first on PropertyWire.
Berlin-based investment company LINUS Capital has opened an office in London. LINUS finances real estate projects with debt and mezzanine capital through its self-managed £320m debt fund. Driven by its success in Germany LINUS is now exporting to the UK, with its new office being based in Mayfair and being led by managing directors Lukas […]
The post LINUS Capital opens office in London appeared first on PropertyWire.
A new study has revealed that Salford is the most profitable buy-to-let city for landlords, following the stamp duty holiday pushing UK house prices to an all-time high. The research by CIA Landlord reveals that Salford, with an average house price of £173,311 and average rent prices of £1,052 per month, is the best city […]
The post Salford most profitable UK city for BTLs according to new study appeared first on PropertyWire.
Landmark Information, a provider of information to the property market, is chairing an online event to discuss the Government’s ‘Planning for the Future’ consultation. The event will bring industry leaders together to debate the details of the consultation paper, share their views and raise questions on how the proposed reforms to the planning system may […]
The post Online event unveiled to discuss Planning for the Future consultation appeared first on PropertyWire.
Despite almost half (45%) of buyers asking for a price reduction on properties in light of the COVID-19 pandemic, home sellers are not budging on price according to the latest research by online estate agent Strike. The area most likely for buyers to ask for a price reduction is London, where 70% of sellers say […]
The post Sellers not reducing prices as UK property market bounces back appeared first on PropertyWire.
The Financial Conduct Authority (FCA) has revealed that COVID mortgage payment holidays in the UK will not extend past the 31 October and any financial support past that point will be marked on credit files. The FCA has emphasised that both a payment holiday and partial payment holiday are temporary, and the outstanding amount will […]
The post Deadline for COVID mortgage payment holidays revealed appeared first on PropertyWire.