Solicitors have warned people that it’s increasingly unlikely that they will beat the stamp duty deadline on 31 March. David Greene, president of the Law Society of England and Wales, said many factors are limiting the speed of moves – delays in the issuing of search results, delays in mortgage offers being issued, as well […]
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Last week saw the first rollout of vaccines in the UK, which is cause for optimism for pretty much everyone. It doesn’t surprise me that real estate agents are positive about output increasing in the next 12 months. Putting business aside, being able to socialise normally once people are vaccinated will be a huge relief. […]
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Shaun Doak, chief executive of React Specialist Cleaning The pandemic has undoubtedly affected nearly every industry in the UK and globally. With multiple lockdowns and conflicting advice for office-based workers fluctuating between staying at home and encouraging them into work, it is without surprise that business owners and landlords have been some of the hardest […]
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Mortgage activity has shifted away from remortgaging to home purchases thanks to the stamp duty holiday, research from Trussle found. More homeowners are moving to a new home (56%) than remortgaging (44%), compared to this time last year, where the majority were prioritising remortgaging (63%). Miles Robinson, head of mortgages at Trussle, said: “After an […]
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Almost half (44%) of homeowners who have used a mortgage broker used one recommended to them by or linked to an estate agent, research from independent mortgage broker Boon Brokers found. Meanwhile over a third of those (37%) said they felt pressured by the estate agent to do so. Gerard Boon, founder and partner at […]
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Get Agent.com takes a light-hearted look at how much some of gaming’s most iconic homes would cost in today’s real-world UK market Link (The Legend of Zelda) – £48,350 While Zelda was a game-changer for, well gaming, its main character Link has the most modest property in the list. At around 1,000 square feet, GetAgent […]
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Virgin Money has made a number of rate cuts across its residential ranges. Its core residential range has seen reductions, including a 0.40% rate cut to its 85% LTV 3-year fee-saver, to 2.29%. In terms of low LTV products, its 65% LTV 5-year fix now costs 1.39% with a £995 fee, following a reduction of […]
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Over the course of 2020 there were typically 403 buyers registered per branch, according to NAEA Propertymark and ARLA Propertymark’s analysis of sales and letting data. This means this year saw the highest demand in a decade, as the number of registered buyers per branch was higher than the previous peak of 379 in 2015, […]
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London startup Proportunity has received debt capital injection of up to £7.5m to fund more loans to first-time buyers. The company offers equity loans of up to £90,000 to first-time buyers with at least 5% deposit. Vadim Toader, chief executive and co-founder of Proportunity, said: “When the pandemic hit, we were able to leverage our […]
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London landlords could see rental demand fall, as a large number of tenants are looking to leave the city once the pandemic is over, research from flatshare site SpareRoom has found. Of London renters who plan to move, half (49%) are looking to leave the city for good, As a result, there is expected to […]
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