House price growth sees dramatic fall
Annual house price growth fell from 7.2% in October to 4.4% in November, indicating that it’s normalising after months of extreme growth, Nationwide’s house price index has revealed.
Investment Mortgages & Property Finance News
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Super prime activity still going strong in London
While the mainstream market is having a slowdown, London’s £10 million plus property market is still going strong thanks to pent-up covid demand, according to Knight Frank analysis.
Remortgagors forced to pay £247 more in October
People who remortgaged had to stump up £247 more per month in October, as the current market conditions hit more homeowners.
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Tenancy reform comes in force in Wales
The Renting Homes (Wales) Act coming into force today, marking one of the biggest shake-ups of Welsh housing law.
NRLA urges government to unfreeze housing benefit
The National Residential Landlords Association has called for the government to unfreeze housing benefit rates, to ensure that more tenants are able to stay in their homes this Winter.
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Landlords struggling with regulatory changes
Landlords are finding it difficult to keep up with laws and regulations hitting the private rented sector, according to ‘Understanding Landlord Behaviour’ research from the UK Collaborative Centre for Housing.
Fleet cuts fixed rate mortgages
Buy-to-let lender Fleet Mortgages has cut mortgage rates at 65% and 75% loan-to-value by 0.20%.
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Bolton ‘investment opportunities’ being auctioned next week
A pair of investment opportunities situated in Bolton, Greater Manchester are set to go under the hammer at an upcoming auction next month at Walsall Football Club’s Bescot Stadium on 8th December.
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Scotland’s fastest growing property markets
Scotland’s best-performing property market is located in Argyll & Bute, a western region where house prices have risen by 25% in a year to average at £206,735, research from estate agent comparison site GetAgent.co.uk has revealed.
The Mortgage Lender launches new buy-to-let tracker product
The Mortgage Lender has launched a two-year buy-to-let tracker product at the Bank of England base rate plus 1.86% (currently 4.86%).
