Grab a central London postcode – Khaleej Times

Middle Eastern buyers have long been pumping money into the UK propert market by snapping up properties. Now, with the post-Brexit weak pound, there has never been a better opportunity to snap up a central London postcode. Arab buyers like to buy UK properties which can then be rented out, or used as a second […]

Could I take out a mortgage on my own home to keep my buy-to-let … – Telegraph.co.uk

With the introduction of new tax rules that remove the opportunity to offset mortgage interest payments, landlords are looking for alternative means to service their buy-to-let portfolios. Taking advantage of the equity held in the landlord’s own residential property is one option that is being considered due to the attractive rates available on residential mortgages. […]

Family reveals how they finally beat property price horror – Daily Mail

A family escaped the high priced home horror of Sydney and Melbourne by buying a home in the Gold Coast. Many buyers are struggling to afford properties in two of the most expensive cities in the world, and the Gold Coast offers much better value for money. The Styles family as testament to this, buying […]

Official data shows property prices in UK up almost 7% in 12 months to November 2016 – Property Wire

House prices in the UK increased by almost 7% in the last year, according to official data. The average price of a UK property now stands at £217,928. London posted a yearly increase of 8.1%, but the area with the biggest jump was the East of England, which saw over a 10% increase from last […]

First-time buyer number at highest level since financial crash of 2007 – Bristol Post

The number of first time buyers is estimated to be over 335,000 by the end of 2016. This will make it the third year in succession that the amount of first time buyers in the UK has been over 300,000. The number was at an all time low of 195,000 in 2008, just after the […]

The Young Family: ‘We’ve moved in with my parents so we can save enough for a deposit’ – Irish Independent

People are having to take desperate measures and make plenty of sacrifices in their struggle to afford the deposit on their first property. Among these are Sarah Lennon, and Declan Butler, who moved back to living with parents in a bid to afford their deposit. This story is common among many young families all around […]

Millionaire giving away £120000 fully-furnished three-bedroom apartment – for FREE – Mirror.co.uk

A millionaire who spent parts of his childhood homeless is giving away a fully furnished £120,000 apartment completely free. The apartment comes with three bedrooms and the lucky winner will be chosen in a documentary being made by Channel 4. Marco Robinson, who now owns 150 properties worldwide, says he feels the struggle of people […]

Buying a house is becoming even more unaffordable for first-time buyers – Business Insider

Reforms by Chancellor George Osborne have left 71% of first time buyers needing to pay stamp duty on their properties. This has made getting on the first rung of the property ladder more difficult and unaffordable than ever. Stamp duty can add anything between 2-12% to the final purchase price of a property. Osborne’s reforms […]

House prices: it’s a buyer’s market in the south of England, says … – Telegraph.co.uk

Despite house prices rising across the country as a whole, there are opportunities for buyers in the South to secure a good deal. The number of sales in the South has fallen and more property is on the market making it a buyer’s market. A similar picture is true for rents. Although rents in the […]

Low mortgage rates are disappearing fast – The Times (subscription)

A rising trend in the cost of fixed long term mortgage deals means buyers should move fast if they want to secure favourable rates. Barclays have already raised their fixed seven and ten year offerings. The trend is due to rising swap rates, which govern the rates at which banks themselves pay interest. But experts […]