News

Experts from rental platform Ocasa, are warning that in as little as a years’ time, rental rates could rise by as much as a whopping £800 per year for most tenants. Even though the rental market in the UK is somewhat back on track following the covid pandemic and the […]

Figures released from HMRC show house sales across the UK have seen a decline of more than one third in March, when compared with March 2021. Records show 11,650 home sales for residential properties took place in March, equating to a drop of 35.7% since March 2021. However this also […]

The cost of living crisis is taking its toll on millions of UK citizens, with as many as one third thought to be battling to pay their monthly rent or mortgage payments, with 3% falling behind with mortgage repayments. Analysis performed by the Office of National Statistics, between the 16th […]

As the average cost of a home in the UK continues to rise, homeowners are reaping the benefits of the additional equity in their properties and finding financing options are more readily available to them than they were before. Nationwide Building Society has released data showing a 14.3% rise in […]

With inflation spiralling and the cost of living on the increase, banks and mortgage lenders have responded by tightening the application process and putting more emphasis on affordability testing. April saw banks, such as Santander, increasing its lending criteria with stringent new affordability parameters. Other banks, such as HSBC, Lloyds […]

Over the past five years the housing market in Britain has seen many changes prompting a warning to brokers that they need to adapt and rethink the way they do things. The impact of Brexit, followed closely by the Covid pandemic, and now the spiralling cost of living, on the […]

According to figures revealed by Zoopla, the number of homes for sale in March has seen an increase, giving fresh hope to the many UK residents trying to buy property. Data shows that the average house price has risen by 8.1% in the year to February, prompting some homeowners to […]

The Office of National Statistics has released figures this week showing that house prices in the UK slowed in the year up to January 2022 but also revealed that the average price of a house showed an increase of around £2,000 per month over twelve months. In the year to […]

Most property developers and construction companies seek outside support to fund their projects and initiatives. Along with specialist development finance, bridging loans for property development are a popular option for investors. As the name suggests, a bridging loan for property development is a specialist form of bridging finance, issued to […]

With the continuing imbalance in demand and supply of homes available for sale, the competition among buyers to secure a property is pushing up average home prices across the UK. According to the House Price Forecast February report, released by Reallymoving, we can expect to see an increase of 5.5% […]