Estate Agent Networking London – Where the Industry Professionals meet.
February 23, 2016
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These are the property hotspots
These are the property hotspots bucking the SDLT deadline price slide Last week, the latest UK House Price Index from the Land Registry revealed a sharp 3.7% monthly drop in average UK house prices during April 2025, following the expiry of temporary stamp duty support at the end of March. Further analysis by eXp UK,…
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Demand rebounds for Prime London property
Big ticket buyers returned to the capital in the spring months, the Prime London Demand Index from London lettings and estate agent Benham and Reeves has revealed. Between the first and second quarters there was a 1.8% uplift in ‘demand’ for homes between £2 and £10 million, which is calculated based on the proportion of…
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Failing to refinance could see portfolio landlords hit with a £23,000 hike to mortgage costs
The latest research by specialist property finance expert, Rangewell, has revealed that buy-to-let portfolio investors who fail to take the appropriate action when it comes to refinancing could see their monthly mortgage costs climb by over £23,000, rather than a £8,500 reduction due to improvements to the mortgage landscape. Rangewell analysed the average amount owed through…
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Section 21 Is Set to Go – What This Means for Landlords
By Allison Thompson, National Lettings Managing Director, Leaders The Renters’ Rights Bill is making its way through the House of Lords and, if passed in its current form, will bring major changes to how tenancies are ended. One of the most significant proposals is the abolition of Section 21, often referred to as the ‘no-fault…
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Are falling mortgage rates fuelling a rise in buy-to-let investment?
By Sarah Thompson, Managing Director, Mortgage Scout The latest data from UK Finance shows that in the last quarter of 2024, the average buy-to-let (BTL) interest rate for new mortgage loans taken out was 5.09%, a drop of 0.61% on the previous year. And it seems that falling mortgage interest rates may well be having…
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New survey reveals it now takes over 200 days to sell a home in the UK
The average number of days to sell your home in the UK now stands at 205 – the first time the 200-day mark has been broken. The longest time to sell is in inner London and the South-East at 222 days, closely followed by outer London at 221 days. The North-East is the best performing…
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