Here’s why mortgage rates will stay low – Business Insider UK

Despite initial indications after the election of Donald Trump that showed 30-year fixed rates rising, experts suggest mortgage rates will not continue to rise. The Fed policy of buying up mortgage securities, which continues today, will keep rates for new buyers low from a historical perspective. The current rate of 4.09% is lower than rates […]

Where to buy a property in London in 2017: the key transport upgrades and regeneration zones homebuyers need to … – Homes and Property

Central London property prices may be out of reach for many buyers but new property hot-spots are emerging as attractive options due to major transport and regeneration work. Kennington is seeing renewed interest as it is on the Northern Line extension. Abbey Wood and Southall are set to benefit from Crossrail. Royal Docks, Hackney Wick […]

Is stamp duty damaging the economy? – The Week UK

The UK has the highest property taxes according to the OECD and some are now saying Stamp Duty is damaging the housing market. The CEO of Jones Lang LaSalle suggests that the tax doesn’t create any value and discourages buyers and developers. Other also argue that the knock-on effect of high stamp duty taxes is […]

Rates are rising: this is how you can beat the banks – Telegraph.co.uk

Analysis of the latest Bank of England data shows that popular mortgage deals are now seeing increases in interest rates. On the other hand savings account interest rates continue to fall and the gap between savings rates and mortgage rates is beginning to widen. This scenario has emerged as banks prey on consumers’ reluctance to […]

First time buyer home valuations rise as Help to Buy mortgage guarantee end looms – Property Wire

House prices for ‘first time buyer homes’ saw large increases as the end of year deadline for the Government’s current Help to Buy scheme approached. For example, in September 2016 average valuations increased by 18.7% compared to the previous year. However, other Help to Buy schemes will continue until 2020. The pattern for first time […]

Market Watch: Which way for UK house prices? – Mortgage Strategy

Uncertainty caused by the new Trump administration in the US as well as the UK’s position on Brexit makes it difficult to predict the effect on house prices in the future. For the moment, ONS statistics show robust house price growth of 6.7% in the year to November 2016. Attractive deals remain available from Santander […]

Number of first-time UK house buyers hits nine-year high – The Independent

A report from Halifax bank suggests that the number of first-time buyers of UK property increased by 7.3% last year, taking the figures to a nine-year high. In that period the average deposit being put down has doubled and more buyers are having to take mortgages with terms longer than 25 years. Number of first-time […]

Stamp duty fuelling housing crisis, says property chief – Telegraph.co.uk

It seems like the British government keeps bringing up obstacles in the real estate market, both for foreign investors and domestic home owners, by keeping the stamp duty active. With Brexit right around the corner, the british government should be trying to find new ways to further extend real estate development in order not only […]

A Guide to getting a Contractor Mortgage – Contractor UK

People working as contractors may find it difficult to secure a mortgage with traditional high street lenders. One of the reasons for this is that it is difficult to apply typical lending criteria (usually based on a permenant employees salary) to a contractors earnings. It is possible to secure a mortgage by using a specialist […]

The Best Christmas Markets in the UK for Property Prices – Landlord News (registration) (blog)

Data has been shared by online estate agent eMoov.co.uk – detailing the average property price for homes near to the UK’s Christmas Markets. Prices range from Glasgow’s ‘Country Living’ market – at £121,430 – to London’s Hyde Park ‘Winter Wonderland’ – at £2,052,951. It is suggested that the presence of a Christmas market raises the […]