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Uni of Southampton is UK’s best buy-to-let university

Uni of Southampton is UK’s best buy-to-let university

The University of Southampton is the UK’s best buy-to-let university at present, with a typical rental yield of 7.4%. The area has an average house price of £226,489, with typical rents sitting at £1,388 per month. The second best was the University of Nottingham...

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Homebuyers worried about stamp duty holiday deadline

Homebuyers worried about stamp duty holiday deadline

Nearly half (48%) of homebuyers are worried that their sale won’t complete before the March 31st deadline, owing to the current delays hitting the market. Research from high-net-worth mortgage broker Enness Global has found that two thirds (67%) of homebuyers would...

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Chestertons expands across Spain into the Costa del Sol

Chestertons expands across Spain into the Costa del Sol

Chestertons Costa del Sol has launched, headquartered in Marbella, Spain. Global estate agency Chestertons International Real Estate Brokerage LLC has signed up Team España to its luxury real estate network, a business with 20 years of property sales and investment...

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Shawbrook Bank increases second charge maximum loan size

Shawbrook Bank increases second charge maximum loan size

Shawbrook has increased the maximum loan size across their prime second charge mortgage proposition, with changes impacting the 75% and 85% LTV bands. The maximum loan size has increased from £100,000 to £150,000 on loans up to 85% LTV, whilst the more significant...

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United Trust Bank ups max bridging LTV to 65%

United Trust Bank ups max bridging LTV to 65%

United Trust Bank has increased the maximum LTV on its standard and light refurbishment bridging loans to 65%. Products have a rate of 0.48% under 50% LTV, with a loan size between £125,000 and £15m and for a minimum property value of £150,000, or £100,000 with...

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Eviction ban a major blow to landlords

Eviction ban a major blow to landlords

Landlords need to act swiftly once the eviction ban finally ends, according to Mary Brennan, a solicitor in Mackrell.Solicitors’ Property Disputes Team. She said: “The latest eviction ban will be a significant blow for landlords and property investors, some of whom...

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Competitors join forces to promote Build-to-Rent

Competitors join forces to promote Build-to-Rent

The UK Apartment Association has launched, a national communications steering committee designed to enhance Build-to-Rent’s reputation with investors, policymakers, and residents. The companies joining forces are the British Property Federation, Moda Living, Quintain,...

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Eviction ban extended yet again

Eviction ban extended yet again

The tenant eviction ban has been extended until at least the 21st January, following the latest lockdown. The ban was due to end today. Oli Sherlock, head of insurance at lettings experts Goodlord, said: “The government’s motives here are completely understandable and...

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