Alpa Bhakta (pictured), chief executive of Butterfield Mortgages Limited COVID-19 cases might be steadily decreasing, though this does not mean we have overcome all of the fundamental challenges posed by this global pandemic. Market uncertainty has made it difficult for investors to plan for the future. While it looks as though we are on the […]
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Brokers have overwhelmingly searched for ‘Temporary Maximum LTV Restrictions’ for six months – highlighting how the lack of availability of high LTV mortgages has become such a challenge. The data comes from Knowledge Bank, the criteria search platform for mortgage brokers due to restrictions caused by the pandemic. Matthew Corker, lender relationship manager at Knowledge […]
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Karen Chapman, senior property partner at Druces LLP Buying at auction is an effective way to accelerate the often time-consuming conveyancing process and there is always the chance you could secure a bargain. However, before you rush to the auction house, here are six things you should consider before making your bid. Special Conditions The […]
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Investment in existing homes and providing more affordable homes for vulnerable and homeless people have significantly increased in priority for social landlords since the COVID-19 pandemic. The Savills Housing Sector Survey of housing associations and local authority landlords, launched today at the Virtual Housing Festival, also found that supportive government policy and grant funding will […]
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Goodlord’s award-winning lettings software has integrated with Reapit, provider of property management software. The integration will allow customers of Reapit and Goodlord to create tenancies in Goodlord using the information they already have about properties, landlords, and tenants in Reapit. They can then sync this information back to Reapit when they’ve completed the pre-tenancy process, […]
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A steep drop in recorded crime since the start of the coronavirus lockdown has contributed to a downward shift in home insurance premiums. In the last three months, the average buildings and contents policy has fallen 0.3%, Consumer Intelligence research shows. Despite this fall, premiums are still up by 3% over a 12-month period. John […]
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Developer Inland Homes is launching the next phase of homes at High Wycombe development Centre Square across the weekend of 26/27th September. The Pavilion Apartments and Alexandra House are due to launch in September, with final completions in March 2021. They are eligible for Help to Buy. Vicki Noon, sales and marketing director at Inland […]
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Renters living in London have enjoyed one of the most significant increases in ‘livability’ in terms of cost of renting and living, according to the latest research by rental marketplace Spotahome. Using data on the basic costs of living across 27 European capitals, Spotahome calculated what percentage of the average net monthly salary this total […]
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The Competition and Markets Authority is launching enforcement action against four housing developers it believes may have broken consumer protection law in relation to leasehold homes. The CMA is investigating into Barratt Developments, Countryside Properties, Persimmon Homes, and Taylor Wimpey. The authority said it uncovered troubling evidence of potentially unfair terms concerning ground rents in […]
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When researching the state of the market this week it occurred to me that the current situation is very difficult for first-time buyers compared to investors. The stamp duty holiday was a rare occurrence of the government throwing a bone to investors, given that landlords have faced higher taxes in recent years. And, despite previous […]
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