The Mortgage Works BTL Barometer
Want to understand what other landlords are doing or planning? The Mortgage works, part of Nationwide, produce survey results of their landlord customers that give a quick and easy oversight into confidence in the market overall. If you are thinking about selling, buying or modifying your portfolio this guide will give you a comprehensive overview […]
Paragon Bank release in depth report on BTL lending in the North
Analysing a range of insights, including Paragon’s own lending data and Office for National Statistics figures, Paragons latest report delves into some of the reasons for the north’s increasing attractiveness to buy-to-let investors, including: Relatively affordable property – ONS data reveals that the most affordable local authorities in 2023 were in the North West, North […]
House sales significantly higher over previous year
Some positive news that reflects the increase in activity we have seen over the past year and the returning confidence from buyers acclimatising to higher interest rates: House sales in September were 9% up on the previous year at 91,820 based on seasonally adjusted figures, according to property transaction data from HMRC. A marginal 1% […]
OBR predictions and key assumptions relating to October 2024 Budget
The Office for Budget Responsibility (OBR) has outlined its forecasts for house prices, inflation, mortgage rates and interest rates following yesterday’s Budget. House prices House prices are expected to rise by 15% over the forecasted period from 2024-2030, according to the OBR. CPI inflation Having fallen back to around the 2% target in mid-2024, the […]
The end of falling interest rates on the horizon?
The recent mortgage rate war seems to have ended as swap rates rose above 4% this week.
Could positive GDP news delay a BoE reduction, what that means for your mortgage rates.
GDP returns to growth – could the Bank of England delay a rate cut?
Positive noises about the UK housing situation
The new Labour government aims to boost growth by reforming planning and delivering 1.5 million homes in five years. Chancellor Rachel Reeves announced a new draft of the national planning policy framework (NPPF) for consultation. Planning consent has reached a decade low, with only 12 new local plans adopted in 2023. Previous Conservative attempts at […]
UK rental market grows 28%
The UK rental market has grown by 28 per cent year-on-year despite the rate of increase slowing down, research from Hamptons has found.
Residential Freehold Association objects to ground rent reform, unsurprisingly!
The Residential Freehold Association, the body representing the interest of Freeholders in the UK has voiced its concern around proposals to reform ground rents.
Paragon gives comment on valuations
Comments from a recent panel event held by Paragon, a major specialist BTL lender, gave some insight into flats affected by cladding and their position on valuation appeals.
