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Industry & Property News

Report shows record number of landlords pay cash for property investments

A record number of landlords are buying their property investments with cash, a new report shows. In January this year, the amount of buy-to-let investors paying cash for property reached 61%, the highest level since 2007, when records began. Throughout the last ten years, the number of landlords paying cash for property purchases has been

Rents continue to rise in the private sector

27% of all agents who deal with property letting, have indicated that rents have risen in the last couple of months to a level not seen since July 2016. Private rents have now risen by 1.8% during the last year. Even with the recent upheavals, only 2.8% of tenants actually managed to negotiate any sort

House prices in the UK pick up in January, Nationwide reports

House price growth in Britain witnessed a ‘surprise’ pick-up in January, where average house price values were pushed to new record highs. This was the finding of analysis by the Nationwide Building Society, which found that in January, annual house price growth accelerated to a 10-month high of 3.2%, up from 2.6% in December. The

Good news for landlords: Five-year buy-to-let mortgage rates hit record lows

If you’re a landlord whose fixed-rate mortgage is coming to an end, or you are thinking about investing in the rental market with a buy-to-let mortgage, then you’ll be pleased to learn five-year buy-to-let (BTL) mortgages are back to record lows. Data from Money Facts shows that the average five-year, fixed BTL mortgage rate has

Property auctions steam ahead in 2018

Are you thinking of putting your property for sale in auction this year instead of going down the conventional estate agency route? Perhaps you are going to visit a property auction to purchase your next home or buy-to-let investment? Either way, you’re not alone, as research shows more and more people are turning to property

Why investors are turning to holiday let properties

With the scrapping of the wear-and-tear allowance and the curbing of mortgage interest relief, landlords haven’t had an easy ride in recent years. Nonetheless, buy-to-let is still remains attractive in the UK, with figures showing in November 2017, there were some 6,600 new buy-to-let house purchase mortgages. As Paul Smee, head of mortgages at UK

@auctionhouseldn

The next property featured from tomorrow's property auction is Lot 68 which is a two bedroom ground floor garden fl… https://t.co/HJnBVklRCm

Today we are featuring yet another 'walk through' video and this time we are featuring Lot 33 which will be feature… https://t.co/3RkRa5Olc8

Once again, this will be a free event with expert guest speakers from the world of property sharing their property… https://t.co/QskeBKC3wm

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