Brits are investing in their own staycation spaces at a record-breaking pace, ahead of the autumn and winter months, according to holiday home operator Park Leisure. YouGov data shows that over three quarters of Brits (77%) have no intention of travelling abroad this year. In fact, 43% say they intend to take more or the […]
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A housing development in Carterton by property developer Taggart Homes will see show homes open to the public in October. Linden Gardens, which is due for completion in late 2021, will comprise of 32 semi-detached and detached family homes. Featuring eight different property types starting from £250,000 and going up to £800,000, the development will […]
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A cladding expert has been appointed by Ringley Group to lead its building engineering division, as the country continues to grapple with the fallout from the cladding crisis. Jon Curtis, who has presented to government ministers on issues relating to the EWS1 (External Wall System) forms, will lead Ringley’s response to the cladding crisis. The […]
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Glynn Rudge (pictured) is area lettings manager for Your Move Lettings agency Following reports that the number of new prospective tenants is continuing to rise to record breaking levels, it’s understandable that some may now be looking to the lettings market and the income opportunities it could bring as a landlord. The decision to become […]
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UK GDP rose by 2.1% in August but economic output remains 9.2% below pre-pandemic levels, figures from the Office for National Statistics show. The GDP growth was down from increases of 6.6% in July and 8.7% in June. Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown, said: ‘’The UK’s economic rebound since the end of […]
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Last week it emerged that Boris Johnson plans to launch a new 95% LTV scheme to help first-time buyers get on the housing ladder. Controversially, the scheme may circumnavigate normal stress test requirements, replacing them with a state guarantee to lower the risk of loans. Firstly, I think Johnson’s description of the idea as “revolutionary… […]
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Durham is the most affordable city for tenants in the UK, requiring just 21% of monthly salaries to be put towards rent. Affordable cities tend to be in the North, as others include Hull (23%), Stoke-on-Trent, Derby and Carlisle (all 24%). At the other end of the scale, Oxford is the least affordable city to […]
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Buy-to-let lender Landbay has partnered with Primis Mortgage Network to widen the distribution of its mortgages. As a result of the partnership, Primis’ brokers and their landlord clients will be able to access Landbay’s range of both mainstream and specialist buy-to-let mortgage products through its innovative online intermediary portal. Primis’ broker network will also have […]
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Zephyr Homeloans has lowered rates for standard and specialist buy-to-let products. Rates now start at 3.14% for a 2-year fixed-rate buy-to-let mortgage and 3.44% for a 5-year fixed-rate. The lender’s rates for new build and flats above commercial property now start at 3.54% for a 2-year fixed rate loan and 3.84% for a 5-year fixed […]
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Ritam Gandhi, Founder and Director, Studio Graphene The real estate sector has traditionally been a laggard when it comes to innovation, with many firms guilty of being too slow to bring new technologies into the fold. But Covid-19 has served to highlight the danger of such complacency. When the property market ground to a sudden […]
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