The Conservative manifesto – more of the same?

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The Conservative Party manifesto is a combination of more of the same and new ideas, some of which haven’t been fleshed out enough. The headline-grabber has been the creation of ‘long-term fixed rate mortgages’, where buyers (presumably owner-occupiers) will need a 5% deposit and the rate will stay the same over the term. This is […]

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The Conservative manifesto – more of the same?

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The Conservative Party manifesto is a combination of more of the same and new ideas, some of which haven’t been fleshed out enough. The headline-grabber has been the creation of ‘long-term fixed rate mortgages’, where buyers (presumably owner-occupiers) will need a 5% deposit and the rate will stay the same over the term. This is […]

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Zoopla urges agents to prepare for Boxing Day rush

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Zoopla is urging agents to prepare for the annual influx of home hunters from Boxing Day. The portal expects a 60% month-on-month increase in visitors and an 80% boost in applicant and valuation leads throughout the festive period and into January. Andy Marshall, Zoopla chief commercial officer, said: “Much like the perfect Christmas lunch, having […]

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IMLA elects Louisa Sedgwick as chair

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The Intermediary Mortgage Lenders Association has elected Louisa Sedgwick, director of sales at Vida Homeloans, as Committee chair. Sedgwick will be joined by elected members including Jeremy Duncombe (Accord Mortgages), who takes on the role of deputy chair, as well as Adrian Moloney (One Savings Bank), Kevin Purvey (Coventry Building Society) and Phil Rickards (BM […]

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Sheffield’s historic Turkish baths building up for sale

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Sheffield’s historic city centre Turkish baths building dating back to 1877 – featuring what is believed to be the oldest Turkish suite in the country – is up for sale. Offers are invited above £695,000 for the SPA 1877 Victorian building on Victoria Street. Mohammed Mahroof, consultant chartered surveyor for Mark Jenkinson and Son, said: […]

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Smartr365 to integrate with Mortgage Engine for automated DIPs

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Smartr365 will integrate with Mortgage Engine to give users access to Santander for Intermediaries and NatWest Intermediary Solutions for automated decision in principle (DIP) submissions. This partnership expands Smartr365’s lender connections, following integrations with Nationwide (June 2019) and Halifax (March 2018). The integration gives Smartr365 users multi-DIP functionality for both new lenders, and advisers will […]

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Barratt Homes to host launch event for new development in Chippenham

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Barratt Homes is hosting a launch event at the second phase of Birds Marsh View in Chippenham, Wiltshire, on 5 December. Visitors will be able to step inside the two bedroom Kenley show home and three bedroom Maidstone design, giving an insight into properties being built at the site. Buyers can also reserve one of […]

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London first-time buyer activity up annually

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Despite the difficult market conditions lending to first-time buyers in London rose by 1.3% in the year to Q3 2019, UK Finance data shows. There were 11,510 first-time buyer mortgages completed in the capital over that time. However, there were 14.8% fewer homeowner remortgages in London. Adrian Anderson, director of mortgage broker Anderson Harris, said: […]

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House price growth back up to 0.8%

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Annual house price growth reached 0.8% in the year to November 2019, Nationwide’s house price index has found. While this is modest it represents an increase from 0.4% annually to October 2019 after prices rose by 0.5% month-on-month. The typical price currently stands at £215,734. Robert Gardner, Nationwide’s chief economist, said: “Annual house price growth […]

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Nestify launches ad campaign encouraging landlords to consider short-term lets

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Airbnb management service Nestify has launched an advertising campaign encouraging landlords to consider short or mid-term lets, alongside traditional long-term tenancies. The bus adverts are currently visible in three major cities across the UK – Bath, Edinburgh and Manchester and this regional expansion follows the brand’s ad campaign in London last year, when the company […]

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