Halifax: House price growth ends 2021 at 9.8%
Property prices rose by 9.8% over the course of 2021 – amounting to £24,500 on average, Halifax’s house price index has found.
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House price growth to slow in 2022
Property prices increased by 9.8% over the course of 2021 according to Halifax, amounting to a price increase of £24,500.
Expert: Evictions to double this year
In the first three quarters of 2021 there were 23,000 possession cases, as notices finally returned to normal levels in October – two months for Section 21 and two weeks for Section 8.
US housing market to slow down in 2022
However LendingTree said “the housing market likely won’t crash”, because fundamentals like people being able to pay their mortgages should remain strong.
Homeowners clueless about energy efficiency improvements
The majority (79%) with properties built before 1900 accept they need to make changes to cut their carbon footprint, but most (57%) don’t know what improvements are needed, Together research shows.
Landbay cuts buy-to-let rates and widens Green range
The lender now offers a 2-year fix at 2.65% to 65% loan-to-value, down from 2.85%. Meanwhile its standard 5-year fix has also been cut to 4.04% to 75% LTV, down from 3.24%.
Paragon unveils switch and further advance mortgages
Rates start at 2.95% for landlords who are looking to switch to a new product, while further advance fixed rates start at 3.40%.
Pantheon: Base rate hikes to be slower than markets expect
In December the Monetary Policy Committee chose to up the base rate to 0.25% despite the impending spread of the variant.
Buy-to-let remortgage activity to surge in 2022
A number of 5-year fixed rates are set to mature, because there was a surge of activity prior to the introduction of mortgage stress tests from the Prudential Regulation Authority in 2017.
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How and where to invest in 2022
Here, at Property Investor Post we look at how you should focus your property investment in the New Year.
