Virgin Money and Clydesdale Bank will launch a wider product range next week, which will include residential mortgages up to 90% LTV and buy-to-lets to 80% LTV. The limits on loan sizes will also be removed, as the lender will once again offer large loans, shared...
UK homeowners and renters are planning to spend an average of £1,179 on home improvements once restrictions are lifted, research from online trade directory Checkatrade found. Over half (53%) of people have noticed more things wrong with their home while in lockdown...
SDL Auctions is hosting another virtual event next Thursday 28th. City flats, coastal retreats and rural family homes all over the country, from Scotland down to Cornwall, are among the lots going under the hammer alongside commercial properties and land. It will be...
While house prices may dip the market is unlikely to see a significant decline due to the pandemic, Nicky Stevenson, head of associates at Fine & Country, has predicted. However, she still expects transactions to fall by 25% between 2019 and 2020. Stevenson said:...
Landlord rental collection has fallen by 50% in Liverpool due to COVID-19, the biggest fall across major English cities. Cambridge is the most resilient location, with rent collection falling by just 7%, compared to a UK average of 30%. Rent collection also declined...
Kent Reliance for Intermediaries, Precise Mortgages and InterBay Commercial – the three OneSavingsBank brands – have increased loan-to-values to 75%. This applies to products such as HMOs (up to 6 beds) and MUFBs for remortgages and for limited companies. Alan Cleary,...
Some 55% of property and construction workers want more home working opportunities once the lockdown is over, research from Hitachi Capital UK has found. The number one reason they like to work from home is avoiding the commute (33%), as well as being able to...
Real estate developer and investor Scarborough International Properties has applied for phase three of the Middlewood Locks development, with planning consent for 189 new homes in Manchester. The residential and commercial neighbourhood is at the western gateway to...
The coronavirus pandemic has disproportionately affected first-time buyers according to Trussle research. First-time buyer applications fell by 35% year-on-year in April and submissions dropped by 53%. Overall applications for remortgages rose by 110% year-on-year...
The average time it takes to let a rental property rose to a record 29 days in April 2020 due to the lockdown measures, the Hamptons International Lettings Index has found. This represents an increase from 24 days in April 2019, while it took just 18 days back in...
