A recent opinion survey, published by The Association of Short-Term Lenders, indicates a positive long-term outlook for the bridging market and the UK economy as a whole. Following the budget announcement in early March, more than 73% of bridging finance providers...
Furlough-Friendly Mortgage Applications Continue to Rise
Brokers across the UK reported increased demand from mortgage applicants seeking flexible and accessible mortgages, having had their employment status and income affected by mandatory business closures. Furlough-friendly mortgage activity increased almost 70% in...
How Coronavirus Has Radically Changed the Priorities of Homebuyers
COVID-19 (and three consecutive national lockdowns) have had a major impact on the lives of every person in the United Kingdom. In particular, real estate market activity has illustrated how thousands of movers and first-time buyers have completely changed their...
What £250,000 Will Stretch to in Several Areas of England
Average property prices in the UK exceeded £250,000 some time ago, but what exactly can you get for this kind of money in different corners of the country? Unsurprisingly, the size and specification of property you can expect for your £250,000 differ greatly from one...
A Central Knightsbridge Flat for Just £150,000?
We recently published a post examining what the average UK house price of £250,000 could be used to purchase in different parts of the country. With average property prices now exceeding £645,000, key London locations are largely out of reach for most movers and...
Yorkshire and the North-West Tipped for Massive House Price Growth
Increasingly, investors are setting their sights on residential properties away from the usual safe haven of London and the surrounding region. Driven by the prospect of radical house price increases within the next five years, more investors than ever before are...
Financial Sector Contributes Record-High £76bn in Tax in 2020
The overwhelming majority of sectors experienced catastrophic losses last year, due to the COVID-19 crisis and the effects of lockdown. The UK’s financial sector was by no means immune to the harms of the coronavirus, which was also predicted to face a monumental...
Sunak Discusses Plan to Create ‘Generation Buy’, Bucking Prior Trends
For years, the UK has been blighted with the prospect of an entire generation being priced completely out of the property market. An issue in almost all areas of the country, prospective first-time buyers have found it increasingly difficult to qualify for mortgages...