UK FINANCE REVEALS NUMBER OF INTEREST-ONLY MORTGAGES HALVES IN SIX YEARS

The number of interest-only mortgages has almost halved in the past six years, UK Finance figures reveal. There are currently 1.7 million outstanding interest-only mortgages (including partial interest-only), down 46 per cent since 2012. Commenting on the data, Jackie Bennett, Director of Mortgages at UK Finance, said: “The number of outstanding interest-only loans has halved…

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Beautiful UK Houses – The South East of Essex

There are some beautiful locations across the UK, with some amazing homes to match. In this post, we’ll be looking at one of the most stunning places in Essex. Read our post below for more info. There are some unique and beautiful places to live in the UK. Come rain or shine, there are some…

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Renter spending power

The UK renting population is unanimously concerned by the rising cost of living. This is hardly surprising given that rents are rising and commonly do not match up with wage growth. Most impacted by this are those renting in London. On average, its estimated that a Londoner should expect to spend 49% of their annual…

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8 Tips to Read Before Signing a Commercial Lease

Finding a new commercial property is usually stressful and exciting in equal parts. On the one hand, it holds endless possibility for a new or growing business. On the other, you often need to be able to see into the future of your venture to know how its needs will change over the next few…

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Would E.T. still phone home?

When was the last time you raised your hand for a taxi, or called your local take away for a delivery? You most likely just tapped your phone didn’t you? When speaking to friends and family, what is the preferred method of communication? Do you still call people or mainly stay in touch over social…

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Revealed: UK renter’s greatest financial concerns

86% of UK renting population concerned by the rising cost of living South West most concerned region in the UK East Midlands least concerned region in the UK Rising cost of living biggest concern for 35-44-year olds The UK has seen a sky rocket in rental prices over the last 10 years. Rents in some…

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Reapit and OneDome announce strategic partnership

Proptech specialist OneDome have entered into a new partnership with Reapit, the largest CRM and Lettings Accounting software provider to the UK residential real estate sector. This partnership will enable the two companies to give their mutual clients a combined suite of digital tools to compete with online and hybrid agencies. A new integration between…

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Property Agents Must Join a Client Money Protection Scheme by April 2019

The Government has set out regulations to implement mandatory membership of a client money protection scheme for all property agents in England from 1st April 2019.  The maximum penalty for non-compliance will be £30,000. Tim Frome, Associate Director at Hamilton Fraser, administrator for existing scheme Client Money Protect (CMP) comments: “We are delighted that the…

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3 Specialist brands that can help you create an outstanding office space

Whether you’re designing an office from scratch or planning a major refurbishment, balancing functionality with aesthetic elegance can be a real head-scratcher. But creating an ambient space that employees and clients appreciate spending time in might bring genuine business benefits like increasing motivation and creating an excellent first impression. So if you’re looking for simple…

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Landlords are Remainers and see Brexit as a Threat

According to a recent poll, landlords in the UK voted to remain in the EU and are more likely to see Brexit as a threat. LandlordNews.co.uk summarises the key findings below. The survey of 500 landlords across the UK by Intus Lettings has revealed that over half (52%) of landlords voted to remain, compared to…

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