Media
- ONS: Rental prices hit an all-time high - Rents have increased to their highest level on record, according to the latest price index from the Office of National Statistics (ONS). The latest report shows that the average monthly rent recorded between 1 April 2019 and 31 March 2020 was £700 for England. The highest monthly rent was for properties with four or more […]
- Rental market sees strong bounce back in activity - Activity levels in the rental market have bounced back more quickly than other parts of the property market, with landlords and letting agents responding to months of pent up demand. The latest market data from Goodlord’s Letting Activity Tracker shows significant gains across the last fortnight for both new and completed lets. While the rental […]
- How is the property market bouncing back? - There’s no question it’s been a tough start to the year, not just for individuals but also for businesses and specific industries that simply need customer interaction to simply work. Now as we head into the second half of 2020 and businesses begin to receive the green light to open their doors, we’re looking at […]
- Surge in market activity will delay a drop in house prices, says Zoopla - The resurgence of the property market, which has seen a significant uptick in demand for homes, is expected to delay property prices tumbling, according to Zoopla. The property portal says that since the market officially reopened on May 13, data starting to feed through points to a resumption in the upward pressure on house prices […]
- New buy-to-let and property investment lender prepares for launch - New digital bank, Monument, is preparing for its UK launch. Monument is aimed at professionals, property investors and entrepreneurs who have a net worth of between £250,000 and £5m. The bank will offer an entirely digital journey for buy-to-let and property investment lending of up to £2million, as well as a range of savings products. […]
- Buy-to-let mortgage market shows tentative signs of recovery - There are emerging signs of recovery in the buy-to-let mortgage market, following the major initial impact of the Covid-19 pandemic-induced lockdown, new figures show. The latest research carried out by Moneyfacts.co.uk has found that since May, the number of buy-to-let deals – fixed and variable – available at all loan-to-values (LTVs) has increased by 283, […]
- What will the government’s stamp duty holiday mean for BTL landlords? - The chancellor Rishi Sunak is expected to announce tomorrow changes to the levels of stamp duty paid on properties in England, but what does this mean for buy-to-let landlords? The announcement is expected to remove stamp duty on properties up to a value of £500,000 for between six months to one year. First-time buyers already enjoy […]
- English house sales rebound to near pre-lockdown levels, Zoopla says - LONDON (Reuters) – House sales in England have rebounded since the government allowed estate agents to reopen last month, and in much of the country they are back to where they were in the first week of March, property website Zoopla said on Wednesday. Across Britain as a whole, newly agreed sales in the first […]
- Post-Lockdown Buy to Let Market – Ltd co. and Personal - With the lockdown caused by Covid-19, we saw the UK property market effectively shut down for a period of two months, with only essential moves taking place. Lenders responded by cutting LTVs, reducing product ranges, or closing the door for new applications altogether. For those in the property market, it was an event reminiscent of […]
- Early signs of BTL mortgage market recovery - Moneyfacts UK Mortgage Trends Treasury Report data, not yet published, reveals that there are glimmers of hope emerging for the Buy to Lat mortgage market, following the significant initial impact of the Coronavirus pandemic. In welcome news to many landlords, the choice in products has increased, and some higher loan-to-value (LTV) average rates have reduced. […]