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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

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

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