UK Finance “more optimistic” about mortgage market than a year ago

Good news for homeowners who are looking to refinance their mortgages and first time buyers, UK Finance has said the mortgage market has been in recovery and has been improving, due to the overall economy and the competitive housing market. While it is improving, UK Finance does not anticipate the market will change drastically over […]

Gloomy estate agents see little Christmas cheer in UK housing market

This Christmas year will be pretty gloomy for many house residents. Statics reports a deep drop in the housing market. Sales have been down lately and it seems that people are no longer interested in buying a house. Home owners are holding off moving unless it is absolutely necessary. People do not make as much […]

Lending Changes for Landlords by UK Finance

The Senior Policy Adviser for UK finance recently talked about some things that concerned the lending changes for landlords. This included Why the PRA is targeting mortgaged portfolio landlords in particular. She also talked about how a typical landlord will be impacted by these changes. It has already been observed that the treasury is not […]

The UK housing market is ‘flatlining’ while prices in London continue to fall

The United Kingdom housing market is dying out and prices in London are continuing to fall. This is happening after years of runaway growth. Regional prices over the last three months have been changing a lot. There are many factors that are contributing to this market flat line. There has been a pre Christmas lull […]

Millennials will spend £1.1MILLION on rent over their lifetimes if they don’t get onto the property ladder as average …

Millennials spend about a million pounds on rent in their lifetime, if they do not have property. The average rent is over 1000 pounds in the UK. Millennials that start renting at the age of 21 will have spend around 100,000 pounds on rent before they buy their very first home. They typically buy their […]

Top 10 locations for exiting Londoners:move just two stops out the capital in any direction for better value homes – and …

There are top ten locations for exiting London people. You can move just two stops out of the capital in any direction and you will find homes that are better value as well as a seat on the train. Young people are moving out of London and searching for homes that they can afford. They […]

UK house prices flat in November but will pick up in 2018

For the first time in four years, UK house prices have become flat. The Royal Institution of Charter Surveyors predict prices will continue to gradually fall over the next three months, but rise over the next year. Prices also fell in eastern and northeast England. However, Wales, Northern Ireland, and northwest England have had much […]

What can a first-time buyer afford around the UK? We reveal what the average £165k budget buys – from a boat in …

The average first time buyer’s budget of 165,000 Euro will get you different homes depending on the area. You could get a four bedroom detached house in Scotland, a studio flat in London, a three bedroom detached bungalow in Wales, and so on. In places like London, you will receive a much smaller living area […]

Slow rental growth in London drags down average UK rents – but prices are set to rebound sharply

There has been a slower rental growth in the city of London, England and it has dragged down the rents in the United Kingdom. The good thing is that prices are set to rebound very sharply. Rent prices across the United Kingdom fell for the first time in 5 years. Slow rental growth in the […]

UK inflation above 3% will force Bank of England to raise rates again

Inflation in the UK is at the highest point since March 2012. The pound is historically week even after the Brexit vote. Oil prices are high. Analysts say inflation will be over by October but the authors say it will continue through winter 2018 due to forces behind the energy markets. Rises in GBP and […]