Competition among lenders on the High Street is fuelling an unprecedented and escalating price war; over the course of the last month, several lenders have once again introduced sub-1% two-year fixed mortgage deals for the first time in years. Today there are at least...
Build-to-Let: A Brief Overview
In the UK the typical approach to generating long-term revenues from a rental property has been buy-to-let investments, this is where an individual or organisation invests in an existing property in order to let it out to prospective tenants as a landlord. With...
Bridging Loans: A Lifeline for Homebuyers
Defying all projections, the UK’s property market has enjoyed a stellar year; average house prices have broken all records, monthly sale completions are at an all-time high and demand continues to outstrip supply in all regions of the UK. Competition for desirable...
Why July 1st Was Not Necessarily Stamp Duty Doomsday
The July 1st stamp duty deadline was seen as a black mark on the calendar by many prospective homebuyers. As of this date, the full stamp duty holiday officially came to an end, having been extended from its initial March 31 deadline. Consequently, thousands rushed...
Buildings Lower Than 18 Metres Now Exempt from Mandatory Fire Safety Checks
The requirement for people purchasing flats in smaller housing blocks to provide safety information to qualify for a mortgage has been scrapped. Government officials have confirmed that no longer will those buying flats in buildings lower than 18 metres need to verify...
House Building Alone Will Not Solve the Current Housing Crisis
There are two things driving the UK’s real estate sector's record performance right now: the growing desire among movers and first-time buyers to escape the city and pick up spacious properties with private gardens and rock-bottom interest rates. This usually takes...
Extending a Mortgage in Later Life: Property Loans Post-Retirement
Approaching retirement with an outstanding mortgage can be an unsettling prospect; however, it does not necessarily have to cause a major financial headache. Increasingly, lenders are acknowledging the fact that more people than ever before need to borrow money beyond...
Is the UK’s Unprecedented Housing Bubble About to Burst?
Average UK house prices continue to set consecutive records with each passing month; it has never been more expensive to purchase a home in the UK or difficult for first-time buyers to get on the property ladder. Months ago, even the most optimistic analysts had...