Sterling is enjoying two-year highs, central banks have started cutting rates and the UK Government has just released the October budget. Are we on the cusp of an opportune time to sell up and escape to warmer climes? Here is some food for thought… Stronger sterling A €400,000 house by […]
Buy-to-let landlords and second home owners were expecting another tax squeeze from the Chancellor. But what they got was a whack with a hammer. according to Peter Stimson, Head of Product at MPowered Mortgages, who commented: “Not an increase in general taxation or the Capital Gains Tax they pay when selling […]
A new survey of buy-to-let (BTL) landlords in the UK has found: 60% are optimistic about the future performance of their property investments, both in terms of capital growth and rental returns. 57% say the Bank of England’s August rate cut had a positive impact on their investments. Two-thirds (58%) believe […]
As property prices continue to increase, many people – particularly those who aren’t yet home owners – are concerned about whether they will be able to afford to buy or move home. While getting together a deposit is one part of affordability, the other is the level of income you […]
For some time now, tighter lettings legislation and increasing taxation for landlords have resulted in media speculation that landlords are quitting the market. But while it’s true that some have decided to stop being landlords, the reality is that a lot of rental properties come to the sales market simply […]
First-time buyers need to borrow up to 15x their salary to afford a home in some UK cities, new report reveals According to the new first-time buyer affordability report from Mojo Mortgages, a fee-free mortgage broker, aspiring homeowners in cities such as Bath may need to borrow up to 15 times their annual […]
Buying a home is an exciting journey, but it’s important to look beyond the surface and consider factors which will impact on the long-term running costs of your new property, such as energy efficiency. By focusing on key details like insulation, utility expenses, and solar potential, you can ensure your […]
Five postcodes that offer landlords huge yields for an initial investment of below £100K The latest market analysis by Inventory Base, the UK’s market leading Property Inventory Specialists, reveals the five UK postcodes where buy-to-let investors can generate the highest yields with an initial investment cost of below £100,000. Inventory Base analysed average […]
As a general rule of principle, the best time to buy a property is when prices have dipped down and are just starting to rise. The market moves in cycles, so if you can make a purchase at the start of a period of price growth, that should help ensure […]
Following a sustained period of record high interest rates, the Bank of England have voted by a majority of five-to-four to reduce the base rate of interest from 5.25% to 5% – the first drop since the start of the COVID-19 pandemic in March 2020. The decision from the BoE […]
