The Bank of England’s chief economist has indicated that interest rates are likely to rise to tackle persistent inflation. For UK property investors, this is a signal to reassess borrowing costs and cash flow projections. Higher rates typically increase mortgage expenses, squeezi
The Bank of England’s chief economist has warned that interest rates will need to rise to tackle persistent inflationary pressures. For UK property investors, this signals a challenging environment where borrowing costs are likely to increase further, impacting mortgage affordabi
Recent data from Moneyfacts reveals a clear shift in mortgage preferences, with two-year fixed deals gaining traction among UK borrowers. This trend reflects a growing expectation that mortgage rates may decline further in the near term, prompting many to opt for shorter fixed-ra
Recent data from Moneyfacts reveals a clear shift in mortgage preferences among UK borrowers. Demand for two-year fixed-rate deals is accelerating, suggesting that homeowners and buyers are increasingly wary of locking into longer terms amid expectations of falling interest rates
June saw a notable rise in mortgage search activity, with volumes hitting nearly 1.78 million, a 7% increase from May and 2% higher than the same month last year. This data from Twenty7tec suggests a resurgence of interest among buyers and remortgagers, despite ongoing economic u
Mortgage search volumes climbed to nearly 1.78 million in June, according to Twenty7tec’s latest data. This 7% increase from May and 2% rise year-on-year suggest a renewed appetite among UK homebuyers and remortgagers alike. The growth spans most major lending categories, indicat
Afin Bank’s new regulated bridging loan product extends lending up to 80% loan-to-value, a notable increase from the typical 65-70% LTV seen in many bridging finance offerings. This higher LTV could appeal to property investors seeking short-term finance for refurbishment or quic
A recent £50,000 fine imposed on a landlord in Kensington and Chelsea highlights the growing scrutiny on Houses in Multiple Occupation (HMOs), especially in high-value areas. The property, a Grade II listed 22-bed HMO, was found to have severe damp issues, including mushroom grow
Buy to let lenders are broadening the range of tracker mortgage products available to landlords, signalling a shift towards more flexible financing options. Landbay’s recent introduction of five new tracker product transfer deals, both within its Core and Specialist buy to let ra
Buy to let lenders are responding to growing landlord demand for more flexible mortgage products by reintroducing tracker options. Landbay’s recent launch of five new tracker product transfer deals, covering both Core and Specialist buy to let portfolios, signals a shift away fro
New data from e.surv highlights a sharp divergence between house price inflation and the monthly cost of owning a home in the UK. While property values have risen steadily, the expenses tied to ownership—primarily mortgage payments—have surged at over three times the rate of pric
Coventry Building Society’s decision to raise rates on several fixed residential mortgage deals while trimming others reflects ongoing recalibrations in the UK mortgage market. Although the lender has not disclosed the exact scale of these increases, brokers were given only two d
