Over 60% of landlords are being hit by higher mortgage rates, risking a further squeeze on the number of rental homes available. Higher mortgage rates are hitting landlords who have loan to value mortgages of 50-75% hard. And that accounts for 20-30% of landlords 51% of all landlord sales are taking place in London and […]
How incresed interest rates are affecting landlords and tenants rent Read More »
House price growth expected to be greater in affordable rural areas and slower in city centres, says leading economist at Office for Budget Responsibility. Remote working has permanently changed the housing market as it enables people to leave cities and live in the countryside This has lead to greater price growth in rural areas, but
How working from home is affecting house prices and rents Read More »
95% mortgages are widely available from major banks and building societies, allowing first time buyers to save 50% less to buy their own home. The mortgage guarantee scheme means you only have to save up a 5% deposit to step onto the property ladder It’s now widely offered by lenders as it’s a government-backed scheme
Have you considered the mortgage guarantee scheme? Read More »
Inflation starts to fall, however interest rates are still going up. Inflation falls below 10% for the first time since August last year but the drop was smaller than expected, suggesting interest rates have not yet peaked. Inflation has fallen below 10% for the first time since August last year but interest rates are expected
Inflation and Interest rates; what’s going on? Read More »
We’re still waiting on the bill to pass through parliament, changes may be made, however we have the initial document that is currently being reviewed. No-fault evictions are set to be banned in England after the long-awaited Renters’ Reform Bill was introduced to Parliament The bill aims to make the private rented sector safer and
The Renters Reform Bill is now published and going through parliament Read More »
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