Prime buyers have the opportunity to purchase property in prime central London at historic discounts equivalent to those seen in the early 1990s and in the immediate aftermath of the GFC, according to the latest research by property firm Savills. Headline Price Movements in the Prime Housing Markets Q4 2024 vs Q1 2025 Q1 […]
Hodge is updating its broker commission structure, increasing procuration fees from 0.45% to 0.55% on its Hodge Resi products. This adjustment aligns procuration fees across its entire residential proposition including the Hodge Resi, the Hodge Resi Retire, RIO and Holiday Buy-To-Let. Last year, Hodge increased retention procuration fees to 0.30%, further demonstrating the bank’s commitment to compensating […]
Nearly half of buy-to-let landlords have no intention of selling any properties in the next 12 months, the latest landlord survey from Landbay can reveal. Speaking to the buy-to-let lender, 47% of landlords said they have no interest in selling any properties. Among those, the biggest intention came from landlords with 4-10 rental properties (36%), […]
Research carried out by mortgage market specialist Pegasus Insight shows a range of perceptions and awareness among tenants about the Renters’ Rights Bill (RRB) and how it will impact them. The latest Tenant Trends report reveals that 32% of tenants are ‘fully aware’ or ‘mostly aware’ of the details included in the RRB; 20% are ‘somewhat aware’ […]
Despite negative economic news regarding the wider UK economy, the UK property market retains significant optimism, according to Home.co.uk’s Asking Price Index for March. The flow rate of properties moving through the sales market is relatively high, thanks to substantial demand. Rising asking prices during the last month were supported by seasonal optimism and a […]
Scotland is outperforming England and Wales, but not all regions experienced growth – the positive news is largely concentrated around the central belt. East Dunbartonshire saw a significant annual increase of 6.9%, reaching new highs. Other areas like Glasgow City and South Lanarkshire also reported notable annual gains (up 6.2% and 7.3% respectively). Conversely, East […]
The latest HPI data from e.surv, powered by Acadata, shows a 2.5% annual decrease in the average sale price of a home in England and Wales, which reached £357,300 in February. Despite this annual decline, there was a positive monthly growth of 0.7%. This marks the second consecutive month of growth in prices supported by […]
Buy-to-let lender Landbay has strengthened its popular limited edition range with the addition of four new products for small houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs). The four new products are available at up to 75% loan-to-value (LTV) and cover loans between £150,000 and £500,000. They are available as five-year fixed rates […]
Specialist property lender KHK Capital has received further funding from Shawbrook, alongside Hampshire Trust Bank (HTB), taking its total facility to £65m. London- based, KHK provides short-term, property-backed loans to property professionals for business purposes. KHK initially started working with Shawbrook in 2020, when the specialist lender provided a facility worth £12.5m. The facility was […]
VAS has joined the Intermediary Mortgage Lenders Association (IMLA). VAS is a valuation panel management and valuation auditing business. Established 10 years ago, it now facilitates more than 2,000 valuations a month for lenders and brokers via more than 200 third-party valuers through its VAS Panel division. It also provides valuation audits, desktop valuations and […]
