For the first time in three years, rental supply in the UK has declined, according to recent data from Property Industry Eye. This contraction in available rental properties coincides with a sharp acceleration in rents, intensifying competition among tenants. The supply drop come
Countrywide Surveying Services (CSS) has secured an extension of its contract with Coventry Building Society, continuing to provide valuation services for residential and buy-to-let mortgages. This renewal covers the society’s mortgage lending across the UK and now also includes
Countrywide Surveying Services (CSS) has secured an extension of its valuation contract with Coventry Building Society, a relationship that has been in place for several years. This continuity reflects Coventry BS’s preference for stability and trusted service providers amid a mo
Nationwide’s decision to increase certain fixed and tracker mortgage rates by as much as 0.20% from 10 September adds further pressure on borrowers already facing rising costs. This adjustment affects a broad range of products, including those aimed at first-time buyers, home mov
Nationwide’s decision to increase certain fixed and tracker mortgage rates by as much as 0.20% from 10 September adds fresh pressure on borrowers already facing elevated borrowing costs. The adjustments affect a broad range of products, including those aimed at first-time buyers,
Recent data highlights a clear divergence in the UK rental market. London and the South East have seen rents decline, reversing the trend of steady increases over the past decade. According to figures from Property Industry Eye, rents in these areas have dropped by around 3 to 5
Landbay has reduced rates by up to 0.20% across 19 of its 75% loan-to-value two- and five-year fixed buy-to-let mortgages. This move affects both its standard Core and Core AVM (Automated Valuation Model) ranges. For investors, this is a modest but notable shift in the pricing of
Landbay’s recent decision to reduce rates by up to 0.20% across a significant portion of its 75% loan-to-value buy-to-let (BTL) product range signals a strategic move to attract landlords amid a tightening mortgage landscape. The adjustments affect both the standard Core and Core
The latest Moneyfacts Rate Watch reveals that fixed-rate mortgage costs continue to rise, with the average two-year fix climbing to 5.67% and the five-year fix edging up to 5.72%. These increases of 7 and 8 basis points respectively may appear modest, but they come after a sustai
Recent data from Moneyfacts reveals that fixed-rate mortgage prices have edged higher again this week. The average two-year fixed rate has risen by 7 basis points to 5.67 per cent, while the five-year fixed rate climbed 8 basis points to 5.72 per cent. These incremental increases
August saw mortgage search volumes drop by 13% compared with July, according to Twenty7tec’s latest Mortgage Market Snapshot. This decline aligns with typical summer patterns when activity generally eases. However, the 1,556,758 searches recorded still represent a 1% rise year-on
August mortgage search data from Twenty7tec reveals that remortgaging remains a key driver of mortgage activity, even as overall volumes drop during the typical summer slowdown. While total searches fell 13% from July to just over 1.55 million, this still represents a 1% rise yea
