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Tag: mortgages

London Prime Market
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Going it Alone in the London Property Market? You’ll Need a 111% Pay Rise to Secure a Mortgage

Solo buyers in the capital need to increase their income by as much as 214% in some boroughs if they want to be ...
By Property Notify15th August 20230
Romans To Let Board
Featured

Landlords, is the Rental Market Still Profitable?

Over recent years, as successive governments have tightened lettings legislation and increased the tax burden on landlords, some with investment properties have reduced ...
By Allison Thompson2nd August 20230
Data Trend
Finance

Disproportionate Pressure on Lower Earners Paying Rent or Mortgages

After a long stretch of unusually high vacancies, a super-tight jobs market, and a ramping up of wages there are already signs that ...
By Susannah Streeter11th July 20230
Former Bank
News

Lower Level of Demand Attributed to The Bank of England’s Repeated Interest Rate Rises

House prices throughout the UK witnessed their biggest annual fall since 2011 according to the recent Halifax House Price Index. The average price ...
By Property Notify10th July 20230
UK Social Housing
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A Snapshot of the Property Market: Positives in A Challenging Market

Leaders Romans Group (LRG) has reported on the Group’s sales figures for June 2023 and reflected on the way in which a challenging ...
By Property Notify6th July 20230
Jeremy Hunt
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Chancellor Agrees New Support Measures for Mortgage Holders

The latest market indicators (FCA; UK Finance) show that mortgage arrears and defaults remain below pre-pandemic levels, which were themselves extremely low. The ...
By Property Notify26th June 20230
Bank of England
News

Life Changing Consequences for Homeowners as Interest Rates Hit Highest Level in Over 15 Years

The Bank of England has just made the decision to increase interest rates from 4.5% to 5%. This marks a 13th consecutive hike ...
By Property Notify22nd June 20230
Mortgages, Houses for Sale
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28% of Homebuyers Forced to Abandon Purchase Plans if Cost of Lending Increases

New research has found that 64% of homebuyers are worried that the cost of borrowing could rise following a thirteenth consecutive interest rate ...
By Property Notify22nd June 20230
Haringey
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Average Two-Year Fixed Mortgage Rates Rise Above 6%

Average two-year fixed mortgage rates have risen above 6%, according to Moneyfacts, as the average five-year fixed rate mortgage has increased to 5.67%. ...
By Property Notify19th June 20230
Homeowner confidence
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First-Time Buyers & The Rise of The 35-Year Mortgage

The title of this piece might sound like the world’s worst episode of Star Wars but UK Finance data shows 19pc of all ...
By Christina Melling13th June 20230

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