Buy-to-let lender Landbay has established a funding partnership with an unnamed deposit-taking UK bank. As a result, Landbay said it will be able to broaden its product range – as the lender has launched a 2-year fix at 3.09% and a 3-year fix at 3.35% with a 1.5% product fee. John Goodall, chief executive at […]
The post Landbay finds another funder appeared first on PropertyWire.
The latest research from high-net worth mortgage broker Enness Global has revealed the most prominent nationalities borrowing at the top end of the market. Their analysis showed, with UK buyers aside, that the market has seen the highest level of activity from American, Australian, Russian, French and Indian buyers. There has also reportedly been a […]
The post Enness: Increase in global buyers returning to top tiers of the market appeared first on PropertyWire.
The new rules set out by the Welsh government which state landlords in Wales will need to give tenants six months’ notice when repossessing their homes could have “devastating consequences” on landlords according to the National Residential Landlords Association (NRLA). Landlords have reportedly reacted with “anger” and “disappointment” to the plans, which will leave some […]
The post NRLA: Six month notice period for repossessions in Wales is “disappointing” appeared first on PropertyWire.
A third of first-time buyers across the country have revealed that the lockdown has resulted in a positive impact on their finances, with this group of property hunters making up a third of those hoping to purchase a property in the next 12 months according to analysis from money.co.uk. In regards to location, the data […]
The post Lockdown results in positive financial impact for a third of first-time buyers appeared first on PropertyWire.
Rental prices on one bedroom apartments have dropped throughout Europe due to the COVID-19 pandemic. Italian cities experienced the biggest drops in rental prices of the cities analysed. Milan, the region where the virus struck the country the hardest, saw rents fall by 7.8% between the first and second quarter. They also dropped by 7.8% […]
The post Rental price drops in Italy the worst in Europe appeared first on PropertyWire.
Developer London Square has partnered with software platform Yourkeys. Yourkeys enables customers to make a reservation through the platform, submit ID verification and track the progress of their mortgage, surveys and legal documents. Dario Scimeca (pictured), project sales manager for London Square, said: “We now have three developments live with Yourkeys, at Tadworth Gardens, Bermondsey […]
The post London Square partners with Yourkeys appeared first on PropertyWire.
Planning approval has been granted for Clifton Slipways, a mixed-use project on West Street in Gravesend, London. Gravesham Borough Council has approved the application, which will see the redevelopment of a brownfield site. Clifton Slipways is led by mixed-use developer Quinn Estates. Ben Geering, development director at Quinn Estates, said: “We are delighted by Gravesham […]
The post London Riverside development given the go-ahead appeared first on PropertyWire.
Property website Slam Ai Club has launched, which estimates the value of UK property and offers resources for property buyers, sellers and agents. Slam Ai Club aims to connect users by providing accurate and transparent real estate data. Property owners looking to sell or let a property can do so through the website. David Surkov, […]
The post Property website launches that estimates house prices using AI appeared first on PropertyWire.
Redrow’s North West division will launch 14 show homes in the next four months. There will be a show village of seven properties at Woodford Garden Village, in Woodford, near Stockport, plus four fully furnished show homes at King’s Moat Garden Village, in Chester. Completing the mix are two showcase properties at The Pastures, in […]
The post Redrow to launch show homes across four developments appeared first on PropertyWire.
The UK government has allocated £1.2bn of funding to the Welsh government, bringing the total to £4bn this year to deal with the COVID-19 pandemic. Some 480,000 Welsh jobs have been supported through the Coronavirus Job Retention Scheme and the Self-Employment Income Support Scheme. Meanwhile the Plan for Jobs and Job Retention Bonus have provided […]
The post Wales given £1.2bn in funding appeared first on PropertyWire.