Proposals by the Mayor of London Sadiq Khan for rent controls in the capital would be a “disaster” for tenants, the National Residential Landlords Association (NRLA) has argued. The NRLA are pointing to a report published by the Treasury in 2010 under the last Labour Government, of which the Mayor was a member, which investigated […]
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Of those who remortgaged, 62% saw it lead to an increase in the value of their home, according to a recent survey by Natwest. The survey also revealed that almost half (45%) of 18-30 year olds’ homes are now worth between 10% and 20% more having remortgaged. In addition, 13% of those chose to remortgage […]
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Almost one in 10 UK homeowners say they have remortgaged to relieve financial anxieties caused by the COVID-19 pandemic, according to a recent survey by Natwest. Natwest commissioned a survey to look into the remortgaging habits and attitudes of homeowners in the UK to gain a snapshot of how the pandemic has financially impacted homeowners. […]
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London is home to the highest rental price premium of any capital city in Europe when compared to the national rental cost in each nation, according to the latest research by rental marketplace Spotahome. Spotahome looked at the cost of renting in each city across the EU and UK and how it compared to the […]
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UK homeowners and renters feel least safe in Portsmouth and Brighton on the South Coast, with Newcastle, Swansea and Chelmsford coming behind. Confused.com research found that people feel most unsafe when there’s loitering on the streets (42%), stretched emergency services (38%) and the presence of homeless people (31%). On the flipside people feel the safest […]
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The government’s proposed changes to shared ownership is a development that will open up the market to thousands of buyers. The scheme will be changed so buyers will only have to purchase a minimum stake of 10% of a property, down from 25%. They will also be able to buy 1% shares in homes, up […]
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Despite Covid-19 travel fears, over 65% of international students and young professionals are still pursuing their dreams and moving abroad. HousingAnywhere’s survey into concerns with regards to moving abroad showed that people worry about their health and safety, but refuse to let this change their plans with regards to their destination or timing. The main […]
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Houzz Inc., the platform for home renovation and design, saw an 80% increase in UK project leads for home professionals in July year-on-year. There’s more of a call for professionals working on outdoor spaces, with July searches for landscape architects and contractors rising by 127% each, compared with the same period last year. Home builders […]
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Legal & General has launched a Retirement Interest-Only mortgage. The mortgage is designed for those aged 55 and over with a minimum property value of £100,000. Homeowners can borrow up to 60% of the value of their homes. It can be used to replace an existing interest-only mortgage or as a new interest-only mortgage. Claire […]
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Almost a quarter (22%) of private landlords with properties in England surveyed have lost rental income as a result of COVID-19 according to the latest research by the National Residential Landlords Association (NRLA). Whilst 19% of those questioned had lost up to half of their usual rental income as a result of COVID-19, with 3% […]
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