Articles about anything relating to property, from the state of the market, to mortgages and investments & developments.
Ownership of second homes in England soars by more than 50 per cent There are now 482,000 second homes owned in England – a rise of almost 170,000 since the Tories came to power in 2010 The Surge in Second Homes in England: A Threat to Rural Communities Over the… Read More »Ownership of second homes in England soars by more than 50 per cent
Ban on no-fault evictions delayed following resistance ‘Huge’ number of politicians oppose the bill, which is at risk of missing critical deadline Introduction: The much-anticipated Renters Reform Bill, spearheaded by Michael Gove, may not see the light of day before the year’s end. With backbench MPs pushing against it and… Read More »Ban on no-fault evictions delayed following resistance
Mortgage Rates Drop Below 5% for the First Time Since July Introduction In a much-needed respite for potential homebuyers and homeowners alike, mortgage rates have dipped below the 5% mark for the first time in two months. This drop comes as positive signals emerge from the Bank of England regarding… Read More »Mortgage Rates Drop Below 5% for the First Time Since July
More BTL lenders reduce product rates “Good News for Buy to Let Landlords: Three More BTL Lenders Slash Mortgage Rates” Are you a buy-to-let landlord looking to save on your mortgage expenses? Well, you’re in luck! Three prominent buy-to-let (BTL) lenders have just announced significant reductions in their product rates,… Read More »More BTL lenders reduce product rates
Shocking hike in mortgage arrears – and ‘it’s about to get an awful lot worse’ UK Mortgage Arrears Hit 7-Year High But Remain Low vs 2008 Crisis Mortgage Arrears Jump 28.8% to £16.9bn in Q2 According to data from the Bank of England, the total value of outstanding UK residential… Read More »Shocking hike in mortgage arrears – and ‘it’s about to get an awful lot worse’
Sturgeon’s war on landlords backfires “Rising Rents in Scotland Outpace London Amidst Sturgeon’s Landlord Policies” Introduction: In a surprising twist, Scotland has witnessed a staggering surge in rental costs that now outpace even London, as former First Minister Nicola Sturgeon’s rent control and eviction ban policies appear to have backfired.… Read More »Sturgeon’s war on landlords backfires
Mortgage rates set to begin falling “Lenders Set to Slash Mortgage Rates as Borrower Choices Expand” The Mortgage Landscape Evolves In a welcomed development for both aspiring homeowners and current borrowers in the UK, lenders have recently unveiled plans for substantial reductions in mortgage rates. What’s more, there’s a growing… Read More »Mortgage rates set to begin falling
Catherine Mann the BOE rate-setter warns that further rises are needed “Bank of England Issues Warning: Interest Rates Set to Rise Amid Inflation Concerns” In a recent announcement, Catherine Mann, a prominent member of the Bank of England’s Monetary Policy Committee (MPC), has issued a stern warning regarding the need… Read More »Catherine Mann the BOE rate-setter warns that further rises are needed
Planning approvals fall to record low The Decline in Planning Approvals: NIMBYism and More In the realm of UK construction, planning approvals for new homes have recently plummeted to historic lows, leaving the industry grappling with challenges from multiple fronts. A confluence of factors, including the rise of NIMBYism, dwindling… Read More »Planning approvals fall to record low
The Bank of England Believes that Inflation is Over The Bank of England’s Inflation Fix: Reality Check Introduction: Recently, the Governor of the Bank of England, Andrew Bailey, made a bold statement claiming that inflation was under control, and there was no need for further interest rate increases. Bailey argued… Read More »The Bank of England Believes that Inflation is Over
