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Letting agent safeagent has set out a manifesto for the private rental sector ahead of the General Election on 12th December 2019. The company has made the following requests: – Bring empty homes back into the private rental sector using incentives as well as just enforcement measures. There are currently 205,000 empty homes in England. […]
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Skipton International has hired Simon White as director of credit, as it looks to expand its UK buy-to-let mortgage lending and increase offshore savings deposits. White has joined after working in retail banking for over 40 years for companies including Lloyds TSB Offshore, Royal Bank of Scotland International and NatWest International. White said: “Skipton are […]
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First-time buyers are typically saving for a deposit in 3.6 years after putting aside £843 per month, research from Post Office Money has found. It’s taking first-time buyers less to save money for a deposit than last year, when they took 3.8 years to save a sufficient amount. Ross Hunter, product director, retail banking, at […]
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The proportion of homes in Great Britain let by overseas landlords rose to 11% between January and October, monthly lettings index has found. Aneisha Beveridge, head of research at Hamptons International, said: “The proportion of homes let by overseas based landlords rose for the first time in more than nine years.” “The East and London […]
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There has been a rise in the number of homes across Britain being let by international landlords, new research has found. The proportion of homes let by overseas-based landlords rose to 11% during the first ten months of 2019, up from 7% during the same period last year. Hamptons International Monthly Lettings Index showed that […]
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Three quarters (75%) of renters in the UK would considering buying a property, but not if it significantly lengthened their commute, a new study has found. A survey of 2,000 private renters by Landbay revealed that on average, commuters will only consider switching from the private rented sector to homeownership if their journey time would […]
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Average house prices in the UK were 0.9% higher in October 2019 than a year earlier, according to the latest House Price Index from Halifax. The average price of UK house currently stands at £232,249. There was a slight dip of 0.1% in prices between September and October, but prices rose 0.2% quarter-on-quarter. Seasonally adjusted […]
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ONS data revealed that from April 2017 to March 2018, 60,000 affordable homes were built, bought or rehabilitated. Some 47,100 were in England, 8,600 in Scotland, 2,300 in Wales and 2,300 in Northern Ireland. Marc von Grundherr, director of Benham and Reeves, said: “If you’re looking for the smoking gun behind the UK’s housing crisis, […]
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The lender aims to transform the UK mortgage market and has partnered with a number of high profile financial institutions who will supply the debt capital. The business aims to work exclusively through mortgage brokers to offer a range of competitive products. M:QUBE use data and technology to digitise and automate the entire mortgage application […]
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Newly commissioned research reveals that over one third (40 percent) of Brits find moving house more stressful than other life events, such as getting divorced (34 percent), having a baby (31 percent), starting a new job (27 percent) and organising a wedding (25 percent). Brits reported the stress and strain of moving has left many […]
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