Variable mortgage rates stagnate – moneyfacts.co.uk

Variable mortgage rates have continuously seen a decrease in demand and popularity, despite record low interest rates. Along with this decrease in demand and popularity, a lack of competition also exists, as companies have seen no need to explore these mortgages, with such little demand. Mainly, this lack of interest and competition is due to […]

UK house prices: What the General Election means for the property market – City A.M.

Emma Haslett explains the implications that the election has for house prices as the process plays out. Haslett points out that experts believe there will be a sizeable dip in transactions as the election nears, which may cause some consumers in the market to be concerned. Haslett continues, noting that experts are not certain about […]

Property prices jump by almost 20% in parts of western Ireland – Belfast Telegraph

If you are looking to but a home, then Ireland may not be the place for you. The homes prices have skyrocketed and affording a home may be hard to come by. The news will be great for investors as they will see there property value jump and make a nice return on investment. As […]

Landlords purchasing homes for cash hit a record level with 60% of buy-to-lets bought mortgage-free – This is Money

A website that covers financial developments in the United Kingdom reports that last month, over sixty per cent of investment home purchases (known as buy to let) were effected by cash, with no loans. In 2007, this percentage was 41. A sidebar lists the percentages by region. The paper said this may be due to […]

General election could put already slowing housing market on pause – AOL UK

The general election could cause a decline in an already slow housing market this summer. Anyone looking to buy or sell homes at this time, choose to wait until the election is over in the wake of Brexit’s impact on the economy. As a result, the amount of properties for sale on the market is […]

Success for first time buyers from Hertfordshire University in Nash Mills Wharf, Hemel Hempstead with Help to Buy … – St Albans & Harpenden Review

A local UK newspaper reports on a success story in home ownership for a young couple. The paper first notes that rent in England has risen to a record high of 846 pounds, with rents in southeastern England at 924 pounds. The account talks about a young couple who used the government’s program, called Help […]

UK house price growth at its slowest rate in four years – The Week UK

A weekly British magazine reports that a British organization of professionals in the property business recently reviewed the housing situation in this country. The organization stated that the market has quieted to the point of being sluggish. Its report for the month stated that the sales of homes had reached the lowest point recorded. The […]

‘Second steppers’ believe it is more difficult to sell first home, survey … – Belfast Telegraph

First time home buyers in the UK are having more trouble selling their first home in order to upgrade to one with more space and a garden. Even though their properties have risen in value they still feel like it is not a good time to sell. Around a third of these “second steppers” have […]

Self-employed buy-to-let: what you need to know – Simply Business knowledge

A UK website devoted to businesses has some advice for self-employed landlords trying to get a mortgage to buy a rental property (known in the UK as buy to let). The website states that it is more difficult to get a loan from a bank if the borrower is self-employed. The bank will need specific […]

Sainsbury’s Bank partners with L&G and L&C for mortgage launch – Mortgage Strategy

A website covering the mortgage industry has reported that a major bank has decided to go back into the mortgage market, twelve years after leaving it. The bank will work with two mortgage and loan companies. It will offer mortgages for people buying homes. Its loans will be for two and five year periods. Borrowers […]