Property investors are increasingly looking to buy outside of cities, in the countryside and coastal town centres, research from business and landlord insurance provider Simply Business has found. One in 10 (10%) landlords now plan to purchase properties compared to just 3% at the end of last year. At the end of last year a […]
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UK developer SevenCapital has shared five top tips to help you avoid the risk of being haunted by a bad investment situation: Investing in property whether it’s your first investment or your fifth can give you goose bumps at any time of year, but if you’re investing around Halloween time, you want to make sure those tingles […]
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Annual house price growth will reach 17.5% by the end of the year, according to quote service Reallymoving. Such is the urgency for home sales to be completed before the end of the stamp duty holiday, prices are expected to rise by 8.8% over the next three months alone, including a 6.1% increase between September […]
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Hope Capital has launched two revamped bridging loan products today. HOPE 725 has a non-discounted rate of just 0.725% per month, while HOPE 75 provides the highest LTV at 75%, with a rate of 0.74%. Gary Bailey, managing director of Hope Capital, said: “We have experienced huge demand for the Seventies Collection and have improved […]
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The government’s decision to split the country into three separate tiers of Covid-19 severity is the latest twist to affect the UK and its housing markets. It’s early days to predict exactly how much this will impact home moves in tiers 2 and 3, though Bankrate UK has already stuck its neck out and declared […]
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Housing market activity is expected to cool due to the new Tier 2 and 3 restrictions hitting the market. Locations in Tier 3 include South Yorkshire, Greater Manchester, Lancashire and Liverpool City Region. While the housing market hasn’t been shut down, Bankrate UK expects the restrictions to have an adverse impact on activity. Nisha Vaidya, […]
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Online searches for pet-friendly rental property have spiked post-lockdown to the highest level since records began in 2004. Search queries for ‘Pet friendly rentals’, ‘Pet friendly apartments’ and ‘Pet friendly’ in the real estate category have all increased dramatically since lockdown ended, according to Google Trends. Research by the Dogs Trust found that 78% of […]
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The government’s idea of allowing first-time buyers to draw from their pension for a deposit is an interesting idea, but it’s unlikely to help many people, Ipswich Building Society’s head of mortgage sales, Charlotte Grimshaw said. Pensions minister Guy Opperman is exploring using workplace pension auto-enrolment to fund deposits. Grimshaw said: “Based on UK average […]
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Romanian PropTech startup Bright Spaces has signed with Manchester-based Moorland Property Solutions. Moorland will use the platform to showcase its office building at Brickfield Business Centre, Northwich, in December. Bright Spaces is based on interactivity, virtual reality, 3D renderings, and automation. Oliver Moorhouse, director, Moorland Property Solutions, said: “We have developed a business centre which […]
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Newcastle Intermediaries has added two 80% LTV mortgages with rates as low as 1.89%. The two and five-year fixed rates can be used to support customers purchasing a home or remortgaging for a cheaper deal. A two year fixed rate at 1.89% is available at a max LTV of 80%. An early repayment charge of […]
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