UK rents expected to rise faster than house prices in next five years
by The Edward Ashdale TeamIn the next five years, price of renting property in the UK is expected to rise by 25 percent, while property values are set to only increase by 20 percent. The number of prospective tenants is expected to rise with less...
New Rules hit BTL Lending in 2016
by The Edward Ashdale TeamRecently published statistics suggest that higher property prices and a raised bar, regarding lender’s view of rental calculations and other criterion, resulted in overall higher deposits made in 2016 for buy to let mortgages,...
House prices go potty!
by The Edward Ashdale TeamPrices in the housing market continue to fall even in the quaintest of neighbourhoods in the UK. Towns such as Helmsley, Ryedale and others in West London are seeing the most major changes with rates of 0.4% in the past 12 months....
These are the most expensive and cheapest roads in Kent to live on
by The Edward Ashdale TeamThere were over 1,451 roads in England and Wales where the properties averaged £1million+ in 2016. This is based on the land registry, which includes the original values of the homes. The neighborhoods with the most expensive...
Buying conditions better for second steppers in UK but they don’t think it is
by The Edward Ashdale TeamSecond steppers are a class of home-buyers who have previously owned a first home and are looking to buy a new home and move up the ladder. The current market in the UK for second steppers actually appears quite promising....
More choice added to mortgage deals for UK home borrowers
by The Edward Ashdale TeamBritish, commercial lender, TSB Bank has whittled interest rates down, making them far more attractive to home-buyers. Various retooled deals include fixed two and five year rates for second, and more time around,...
Snapshot of U.K. BTL market by postcode
by The Edward Ashdale TeamFor those seeking to invest in the buy to let business in the UK, it is helpful to know which regions show the most promise. One online property leasing business, The Lendinvest BTL, notes critical lending market criteria, on a...
How to avoid leaving your property vulnerable while you're on holiday
by The Edward Ashdale TeamHouse-sitting is an increasingly growing way many people are using in order to leave their place of residence without it being vulnerable to theft, long term-damage from housing problems, and to have pets taken care of. This peace...
Land Registry figures: prices strong but transactions slump
by The Edward Ashdale TeamIf you live in the UK (primarily Wales or London) then we've got some good and bad news for you. The good news is that, according to the land registry data, your home is probably worth more today than it was in 2016. The bad news...
Stamp duty and mortgage problems scupper 1.2m sales
by The Edward Ashdale TeamStamp duty costs and mortgage problems are being blamed for over a million people giving up on buying a home. In addition, the lack of suitable homes on the market has meant that 25% of potential buyers have given up looking for...