We have noticed that you are using AdBlock, please consider disabling this software to help us earn more revenue, our ads are all from Google AdSense and are non intrusive.

Property Market News

Possible Strategy For Frustrated First Time Buyers?

12/08/2016

We often read about people living in London, Cambridge and other areas where property prices are at a premium and beyond the reach of most first time buyers. I fully understand their frustration because, in many cases, as fast as they can save a deposit, the amount of deposit required increases at a faster pace. I have been giving… Read more

New Tax Strategy For Accidental Landlords

08/04/2016

For those new to buy to let and considering the letting of their current home, in order to buy another for themselves (usually at a higher price) there is a way to avoid the 3% SDLT surcharge on the more expensive property by following this strategy. Create a new limited company and sell your current… Read more

House Price Growth remains robust at 9.7%

03/03/2016

Despite a predicted last minute rush for Buy to Let Investors to complete purchases before the 3% Stamp duty surcharge comes into force for second property purchases in April, the annual house price growth remained at the same robust level of 9.7%. However, mortgage approvals did increase by 5% between December and January reflecting the… Read more

UK’s new Gazumping capital named

10/09/2015

Sheffield has replaced Brighton to become the new gazumping capital of the UK, reveals new research. Gazumping is the controversial practice where a higher bid is made on a property when another offer has already been accepted, thereby ruining the sale. Nearly one in three buyers can expect to get gazumped in Sheffield, according to… Read more

Stigma of lending on New Builds is easing

26/11/2014

BM Solutions have changed policy and criteria for New Builds. The maximum Loan to Value now available on New Build houses and more importantly New Build Flats has increased from 65% to 75% LTV. 75% is the standard maximum LTV for BM Solutions and all products will now be made available to New Build houses… Read more

Rightmove profit takes off in soaring market

30/07/2014

Year on year profit before tax rose 31 per cent to £59m with total revenue increasing by 20% to £80m as Rightmove benefit from the rising housing market This is partly due to an increase of over 25% in users to 22 million for the first half of the year, and the average revenue per… Read more

The NISA way to invest into buy to let

25/06/2014

The 2014 Budget saw a package of measures announced to help savers trying to build a nest egg. One of the most significant changes was the introduction of the new ISA (NISA) which comes into effect on Tuesday 1st July 2014. This will see ISA allowances both increase to £15,000 and become investable in any… Read more

The CUBE new UK release

23/05/2014

The CUBE brand have announced their latest release in the UK. Using new architectural design for luxury en-suite student projects, facilities will range from a fitness gym to a pop-up cinema. Using group buying power a discount of £10,963 has been negotiated. The £50,913 high-spec en-suites would generate yields of around 8% however, due to… Read more

Newcastle – “structurally undersupplied” for Student Buy to Let

01/05/2014

Newcastle has been reported as ‘structurally undersupplied’ by Knight Frank in their 2014 Student Property Report. With more than 49,000 students studying at two universities, the city requires purpose-built accommodation to alleviate the strain that is being placed on the local housing market. Newcastle is therefore a perfect location for Burgess House, a newly launched… Read more

How the Article 4 Direction could benefit student property landlords

30/04/2014

The Article 4 Direction is a ruling passed by government which effectively requires special planning permission to be granted on the conversion of a single family home into a rental property of three or more unrelated tenants. In cities like Nottingham, Leicester and Newcastle family homes were rapidly being converted to student property, because they… Read more