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London’s private landlords earn £7bn from investments in the last year

From April 2017 to 2018, private landlords in the British capital earned a total of £7bn from their residential property investments, resulting in as much as 20% of the nation’s buy-to-let income. The £7bn income in London’s private residential letting sector equated to a 6.4 per cent growth, up from £6.6bn in the previous year.

Demand for commercial property in Britain high among investors

Demand for commercial property in Britain continues to be robust, regardless of ongoing Brexit uncertainty. This was the finding of a review of the commercial property sector in the UK by GVA, the UK’s leading and most diverse property advisory-led business. The review found that while many European investors are practicing caution over the UK

House prices bounce back in October

House prices in England and Wales rose by 0.4% in October, leaving the average price of a property at £304,433. This was the finding of Your Move’s latest house price index, which shows that the majority of regions in England and Wales saw house price gains over the course of the year, the biggest being

Buy-to-let mortgage interest rates hit all-time low

Buy-to-let mortgage interest rates have hit an all-time low, making borrowing to invest in property to let out more attractive than ever. A raft of recent tax reforms to the sector has led to a decline in buy-to-let purchases in the UK, meaning the market is less competitive than it has been previously. As the

House prices rise in September

Newly released figures show that house prices in Britain increased by 2 per cent year on year for September. According to Nationwide, house prices grew by 0.3 per cent from August to September this year, taking the average property in Britain to £214,922. In what has been cited as a “fairly stable picture for the

Buy to let growth predicted for year-end by leading banking group

Buy-to-let in Britain is predicted to show growth for 2018 and will be bigger than previous years, says the Paragon Banking Group, one of the UK’s largest providers of mortgages and personal loans. According to Paragon’s trading update, published in mid-September, by the end of 2018 buy-to-let in Britain is expected to have risen by

Rents set to rise by as much as 15% as demand among tenants increases

The cost of renting property is set to rise by as much as 15% by 2023. According to the Royal Institution of Chartered Surveyors (RICS), a shortage in supply of rental property is going to push the price of renting up forthcoming years. The RICS Residential Market Survey for July reports a decline in the

House buyers are returning to London despite Brexit uncertainty, shows Rightmove report

House buyers are returning to London, lured by attractive house prices, despite uncertainty driven by the impending official Brexit date in March 2019. This was the finding of a report by Rightmove, which revealed there has been a steady pick-up in buying activity in the UK capital. The upswing in buyer activity signals the beginning

Demand for property on the increase in London

Demand for property is on the rise in the British capital, which has seen a 2% rise in property demand since the beginning of 2018. This was the finding of the latest property index report in London. The report shows that whilst demand for property in London continues to rise, commuter towns to the capital

Report show the future looks bright for the rental sector as BTL become increasingly more professional

Rental prices are set to rise in the UK as demand for rental property outstrips supply. According to a report by mortgage lender, Kent Reliance titled ‘Buy To Let Britain’, the future looks bright for the buy-to-let (BTL) sector in the UK, despite a recent onslaught of government intervention in the market, which has seen

First-time landlords have record choice of buy-to-let mortgage products available

The number of mortgage products available for first-time buy-to-let (BTL) investors has increased by 13%, to a record high.  This was the finding by research compiled by Moneyfacts, which found there are 1,268 buy-to-let products now available in the UK to first-time landlords. The figure marks an increase in 339 buy-to-let products available in just

The rising demand for apartment properties

If you own an apartment or are thinking about buying one either to live in or as an investment, you’ll be pleased to learn that apartments are one of the most lucrative types of property to purchase, with prices rising at a faster rate than any other property. A new report by Halifax shows the

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