Posts Tagged ‘Buy-to-Let’
The PRS sector could still be seen as an attractive opportunity for investors says Your Move
The latest Your Move Buy-to-Let Index July 2017 data, August 2017 report headlines ‘Bottleneck of housing supply sees rents rise in July’. Average rents increased in most areas of England and Wales this month, with a fall in housing stock causing prices to rise. Shrinking property supply pushes up rent levels, average rent across England…
Read MoreEspecially high number of loans for first time buyers in June according to UK Finance
News release published by UK Finance yesterday 15th August 2017 headlined ‘First-time buyer activity continues to grow in June’ reveals, June mortgage lending trends show month-on-month and year-on-year increases in house purchase, buy-to-let and remortgage activity. On a seasonally adjusted basis, lending to first-time buyers and home movers remained relatively unchanged month-on-month, but there were…
Read MoreWhat to look for in a buy-to-let property
So you’re looking at investing in a buy-to-let property. Well, if you’re not sure how to go about it or what to look out for in your property, here are a few things to consider: Potential rental or growth When choosing your buy-to-let property, decide what your priorities are. Would you rather buy a property…
Read MoreRecent political turmoil has had little immediate impact on renters says Your Move
The latest Your Move England & Wales buy to let index June 2017 data shows that the general election result has had no immediate impact on retail prices. All regions saw rents rise or remain level month-on-month in June. Average rent across England and Wales stood at £827. The average rent across the two…
Read MoreParagon Group reports Buy-to-let lending reaches £1.0 billion for first nine months of the year
The Paragon Group of Companies, the parent company of Paragon Mortgages, yesterday 26th July 2017 released its Q3 trading update for the nine months to 30 June 2017. Buy-to-let lending reaches £1.0 billion for first nine months of the year Professional landlords and complex portfolios now 70% of mortgage applications PRA Phase 2 changes for…
Read MoreThe remortgaging market both for residential and buy-to-let remains steady says MAB
Mortgage Advice Bureau (Holdings) plc today 25th July 2017 released its Pre-close Trading Update for the six months ended 30 June 2017, ahead of publishing its interim results announcement on Tuesday, 26 September 2017. Revenue for the six months ended 30 June 2017 increased by 15% to £49 million driven by a 14% increase in the average…
Read MoreLondon rents grew on a monthly basis for the first time since November 2016 according to Your Move
The latest Buy-to-Let Index May 2017 (data) report from Your Move headlined ‘Seven UK regions see rents rise on annual basis’. Average rent across England and Wales is £814, London rents nudge upwards but are still 5% lower than in May 2016. Valerie Bannister, Lettings Director, Your Move, comments: “Strong and stable was the catchphrase…
Read MoreScottish rents ticked down ahead of May general election according to Your Move
The latest Your Move Scotland buy to let index report for May 2017 headlined ‘Scotland rental market pauses for breath pre-election’. According to the Index average Scottish rent in May dropped back ahead of general election. The data showed that prices in major city centres continued to perform strongly, as have rural areas such as…
Read MoreGross mortgage lending reached £20.1 billion in May estimates the CML
In a press release yesterday 22nd June: The Council of Mortgage Lenders (CML) estimates that gross mortgage lending reached £20.1 billion in May. This is a 12% increase on both April last month and on May last year, in which £17.9 billion was advanced. The CML’s buy-to-let forecast for 2017 and 2018 has been revised…
Read MoreMortgage activity for April lower than previous month according to CML
The latest Council of Mortgage Lender (CML) data released yesterday 13th June headlined ‘Home buyer activity in April down on March but up on a year ago’. It reveals reveals house purchase activity decreased in April month-on-month but increased year-on-year. Remortgage activity and buy-to-let declined month-on-month. On a non seasonally adjusted basis home buyers borrowed…
Read MoreRents increase in Scotland in March compared to previous month according to Your Move
The latest Your Move Scottish Buy to Let Index April 2017 released 3rd May 2017 headlined ‘Demand for family properties pushes up prices’. The report revealed that all Scottish regions saw rents rise in March compared to the previous month, average Scottish rent is now 3.8% higher than a year ago, typical Scottish rental property…
Read MoreMore loans taken out in first 2 months of 2017 than any year since 2007 says CML
News release yesterday 11th April 2017 from the Council of Mortgage Lenders (CML) Monthly Lendng Trends for February 2017 headlined ‘Home buying activity up 7% in February’. The CML data revealed house purchase activity increased month-on-month and year-on-year, driven by first-time buyer activity. Remortgage activity continued year-on-year growth while buy-to-let declined. Home buyers borrowed £8.9bn,…
Read MoreA new tax year begins tomorrow along with changes for buy-to-let landlords
Tomorrow the 6th April is a new tax year, it is when buy-to-let landlords will begin to feel the direct effects of the next tightening of taxation of the sector. The Council of Mortgage Lenders (CML) in a recent news release headlined ‘Tax changes put more pressure on buy-to-let landlords’ point out that, from the…
Read MoreStrongest rent growth seen outside London says Your Move
The latest Buy to Let Index March 2017 report for England and Wales from Your Move headlines ‘East and South East rents rise as demand outside London Rockets’. The average rent in Egland and Wales for Febraury 2017 was £798. Strong rent growth was seen outside London with Wales seeing rents rise faster than anywhere…
Read MoreScottish rental market makes a positive start to 2017
Recently released Your Move Scotland Rental Index (Buy to Let), February 2017 headlines ‘Scotland rental market starts 2017 on a high’ Key findings in the report show that average rental prices in Scotland now £571 a month, up 4% annually on £548 recorded a year ago., that Edinburgh and Lothians see strongest annual growth at…
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