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Data shows house prices are growing at an annual rate of 4.2%

The UK house Price Index (UK HPI) published by HM Land Registry shows house prices in Britain are rising at a moderate but healthy annual rate. The data reveals that the price of property in the UK increased at an average rate of 4.2% in the year to March 2018. The rise in property prices

Mortgage lender study shows long-term property investment delivers significant returns

Far from being dead and buried, Britain’s buy-to-let market is alive and kicking. This is the message delivered by analysis carried out by the mortgage lender Kent Reliance. According to the report, landlords throughout the UK are expected to make hundreds of thousands of pounds in profit from their buy-to-let investments over the next 25

Landlords raise rents in response to increased legislation

“Holding steady” is the verdict the Association of Residential Letting Agents (ARLA) has given the rental sector – though they express pessimism for tenants, as landlords’ hike prices ahead of legislative changes. Due to minimum energy efficiency standards, increases in tax relief, and the upcoming ban on tenancy fees, agencies are anticipating higher costs to

House prices increased in March to their biggest monthly gain in six months

According to Nationwide’s monthly house price index, April saw a positive return to form for the property market, with an increase in house price growth. The figures show there was a 1.5% rise in property prices in March, making it the industry’s most significant monthly gain since August 2017. In March, the 1.5% rise in

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

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

Research shows one in eight retired people will live in rented accommodation in 15 years

While the inability of youngsters to get their foot on the property ladder and buy their first home is well documented and reported, significantly less attention is given to a growing segment of the population who are too old to secure a mortgage and find themselves with little choice but to eternally rent property. This

Five most popular London commuter towns

With the cost of property in London having risen sharply in recent years, purchasing a home outside of the capital and commuting to work in the city each day, is the only viable option for many. In fact, according to new research by Lloyds Bank, living an hour outside of London could slice a staggering

The Autumn Budget 2017: A property-related roundup

As forecast and expected, the property industry featured heavily in the Autumn Budget 2017. Chancellor Philip Hammond made a number of announcements that will have a significant impact on housing and the property sector. Auction House London explores some of the biggest property-related initiatives in the Budget and how they’re likely to affect the industry

House prices in UK cities set to rise by 7% in 2018

House price growth in Britain, especially in some of the country’s most populated areas, continues to rise. A survey by Hometrack, which analysed the nation’s twenty biggest cities, found property price increases are expected to be around 7% during the coming year. This is a rise of 3% on previous predictions made only seven months ago.

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