UK Mortgage & Property Related News
As we start the new year, landlords may well feeling that the twelve months stretching out ahead of them are a bit of a mixed bag.
On the one hand, mortgage rates remain fairly high, and buy-to-let investors face a higher stamp duty bill when they buy a new property.
Read More
Stamp duty bills will almost double from £8,452 to £16,190 in April, an increase likely to spark higher rental costs as landlords attempt to recoup costs.
Read More
The New Year is here, and it’s fair to say that 2025 is shaping up to be a hugely significant year when it comes to legislative changes affecting private landlords.
Here, we round-up what we can expect in 2025, and how the NRLA can support you through the changes.
Read More
The Intermediary Mortgage Lenders Association (IMLA) is forecasting a 14% surge in buy to let lending in 2025, reaching £38 billion, followed by an 11% increase to £42 billion in 2026.
Read More
First-time buyers who are still living at home with parents are able to get onto the property ladder four-and-a-half years sooner than their renting counterparts, research from a broker found.
Read More
As first-time buyers currently make up over a third of mortgage activity, Miller Countrywide estate agency is encouraging anyone aspiring to buy their first home to do their research and look at all the options available to help them take their first step onto the property ladder.
Read More
The UK mortgage market is poised for growth in 2025, with lending activity expected to rebound amid improving economic conditions and stabilising interest rates.
According to the latest report from the Intermediary Mortgage Lenders Association (IMLA), gross mortgage lending is projected to increase by 16% to £275 billion, up from £237.5 billion in 2024. This growth is attributed to easing affordability pressures and greater demand for remortgaging as rates settle between 3% and 4%.
Read More
Mortgage market activity and house prices proved surprisingly resilient in 2024 given the ongoing affordability challenges facing potential buyers.
That’s the view of the Nationwide, in a market snapshot suggesting a strong start to 2025 after a broadly strong 2024 too.
Read More
The number of mortgage approvals made to home buyers dipped in November, although it remained above the monthly average seen over the past year, according to Bank of England figures.
Some 65,700 mortgage approvals for house purchases were recorded in November. That’s some 2,400 lower than October but above the previous 12-month average of 60,400.
Read More
Energy-efficient properties can attract significant price premiums, analysis indicates.
Read More