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AdrianKent Reliance for Intermediaries has joined the Brilliant Solutions Mortgage Club lender panel. Brilliant Solutions will also benefit from the support provided by Kent Reliance’s nationwide team of senior business development managers and underwriters. Adrian Moloney, sales director, OneSavings Bank, said: “We’re thrilled to have launched with Brilliant Solutions Mortgage Club as we know that […]

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Lettings agency Manchester Apartments has achieved its highest number of lets ever. As of November 2019, 99.5% of 800 studio and 1-3-bedroom apartments in the Manchester Apartments portfolio have been let to students and professionals in Manchester. This is in comparison to 75% in the same period last year. According to research from the Manchester […]

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With Brexit set to raise the costs of overseas travel, Brits planning next year’s holidays are turning their eyes homeward. While most holidaymakers aren’t curbing their travel lust, the uncertain political future has focused their search on beautiful homes within their own shores. Staycations are set to boom in 2020 and landlords stand to profit […]

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The Labour Party has launched its manifesto, which pledges to vastly increase social housebuilding, introduce minimum standards in the private rental sector, and reform Help to Buy. The manifesto has made the following pledges: Spend £75bn on building 150,000 council or housing association homes a year, with 50,000 being “genuinely affordable” based on local incomes. […]

The post Labour housing policy: Social housebuilding, rent controls and action on leaseholds appeared first on PropertyWire.

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Connells Group, the estate agency and property service provider, has promoted Roger Barrett to managing director of land & new homes. He is taking responsibility for both land and new homes across the group and leading a team of nearly 100 dedicated land and new homes experts, supported by a network of nearly 600 estate […]

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The Conservative Party has pledged to introduce ‘lifetime’ fixed rate mortgages for renters with a 5% deposit. The party would use funding from institutional investors like pension funds to support the move. There was also a pledge to offer local first-time buyers a 30% discount. Mark Harris, chief executive of mortgage broker SPF Private Clients, […]

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Residential property transactions increased by 4.3% on a monthly and yearly basis in October 2019, seasonally adjusted statistics from the HMRC show. There were 103,680 residential property transactions in the month. Mark Harris, chief executive of mortgage broker SPF Private Clients, said: “The fact that transactions have edged up slightly compared with last month and […]

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US rents are rising at their fastest pace of the year, increasing by 2.3% in the year to October 2019. The October Zillow Real Estate Market Report found that the median US rent is now $1,600. The company said rents would likely keep accelerating through the end of the year. Skylar Olsen, director of economic […]

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More than half of lenders expect application programming interfaces (APIs) to provide the most transformative efficiency gains over the next three to five years, Iress research has revealed. While the short-term focus is on API development and connectivity, lenders believe AI and machine learning will become a greater priority in the medium to long term. […]

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InterBay Commercial has refinanced a 95 unit buy-to-let portfolio for two property developers, raising just over £23.7m. The properties were held by two UK limited companies, which in turn were owned by a UK family trust. Most of the properties were held for over 10 years. Adrian Moloney, sales director, OneSavings Bank, said: “This deal […]

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