Young professionals — rather than students — now make up the majority of the house sharing rental market, with 63 per cent of those renting a room now in relatively well-paid white collar jobs, according to a new report.
At the same time as borrowers with larger deposits enjoy record low rates
Many vendors in London are now reducing the asking price of their homes by tens of thousands of pounds as the housing market continues to stall, according to new research by HouseSimple.com.
Crooked letting agents have been convicted of stealing almost £700,000 of tenants’ deposits in the first half of 2017.
Foxtons has reported its half-year figures for the six months to the end of June and, as expected, they show how tough the London market is right now.
Buy-to-let landlords are currently in retreat in the property market, leaving many prospective first-time buyers, including many existing tenants, in a better position to acquire a property, but that is a trend that could soon lead to an increase in rents, according to a leading property market analyst.
Accord Buy To Let is the latest lender to change its lending criteria for portfolio landlords with four or more investment properties, in accordance with stricter underwriting standards being introduced in the autumn.
The proportion of sales made to first-time buyers hit a high in June, agents claim.
The Government consultation on leasehold reform drops a hint that the Government may intervene to help existing leaseholders – triggering speculation that it could lead to a mis-selling compensation scenario on a similar scale to that of the payment protection insurance scandal (PPI).
A married couple who ran a lettings agency where they failed to protect tenants’ deposits have escaped jail.
An interest rate rise of just 0.5% would cost households an extra £3.4 billion in interest payments in just the first year, accountancy firm Moore Stephens has warned.
The average price of urban brownfield land rose 1.2% in the second quarter of 2017, and by 6.3% year-on-year, fresh data shows.
Property auctions are a good place for investors to pick up a bargain, and every week these events are taking place at venues across the UK, offering a wide range of properties for sale.
We all know that investing in buy-to-let property is a potentially great way to supplement our income, and so it is no surprise to find that almost one in five of MPs are landlords.
More than a third of the homes in London currently on the market have had their asking prices reduced according to analysis by an online estate agency.
Andy Haldane, the Bank of England’s chief economist, last year confirmed what many of us already knew – investing in property is a better investment for retirement than paying in to a pension.
The number of transactions in the housing market has fallen for the third successive month – and for the first time this year, has failed to reach the 100,000 mark.
Typical 95% loan-to-value mortgage rates have risen considerably so far this year, moneyfacts data shows.
The number of households perceiving that the value of their home had increased improved during June, with respondents in 10 of the 11 regions believing their property price had risen
A third of property valuations came from owner occupiers or landlords remortgaging in June, research from Connells Survey & Valuation has shown.