Tag: Mortgage rates

Landbay and Precise unveil BTL and bridging finance updates

Author: Property118.com Landlord News Team

31st January 2025, 2 years ago | 0

Landbay and Precise have both announced updates to their product offerings, with Landbay reducing buy to let mortgage rates and...

Two BTL lenders expand mortgage options

Author: Property118.com Landlord News Team

29th January 2025, 2 years ago | 0

CHL Mortgages has expanded its limited edition buy to let range, introducing new higher fee options on its two-year and...

Housing affordability improves but remains a challenge

Author: Property118.com Landlord News Team

24th January 2025, 2 years ago | 0

Housing affordability has improved over the past year because earnings growth is exceeding house price growth, Nationwide reports. The report...

The UK’s house prices stabilise in December

Author: Property118.com Landlord News Team

21st January 2025, 2 years ago | 0

The average sale price of a home in England and Wales nudged higher in December, increasing by 0.2% to £357,400,...

Market sees record home seller numbers and rising prices – Rightmove

Author: Property118.com Landlord News Team

20th January 2025, 2 years ago | 0

The average price of property coming to market in the UK has risen by 1.7% this month to £366,189, the...

Under 45s rent bill hits £56.2bn as interest rates keep more people renting

Author: Property118.com Landlord News Team

20th January 2025, 2 years ago | 0

The amount of rent paid by under 45s in Great Britain soared to a record £56.2 billion in 2024, a...

PRS supply crunch fuels rent hikes while house prices rise – RICS

Author: Property118.com Landlord News Team

16th January 2025, 2 years ago | 0

While tenant demand for rental properties has stabilised, landlords selling up continues to push rents higher, RICS says. Its latest...

Just half of UK homes increased in value last year – Zoopla

Author: Property118.com Landlord News Team

14th January 2025, 2 years ago | 0

Half of the UK’s 30 million homes increased in value in 2024 as house prices returned to growth following a...

CHL and Landbay cut BTL rates

Author: Property118.com Landlord News Team

8th January 2025, 2 years ago | 0

Landlords are set to benefit from a wave of competitive rate reductions as buy to let lenders CHL Mortgages and...

UK house prices fell in December – Halifax

Author: Property118.com Landlord News Team

7th January 2025, 2 years ago | 0

House prices in the UK ended 2024 with a year-on-year increase of 3.3%, despite a slight 0.2% dip in December,...

UK house prices in 2025 will grow despite economic challenges

Author: Property118.com Landlord News Team

6th January 2025, 2 years ago | 0

The recent rise in annual house price growth which saw prices reach their highest point since November 2022, stands in...

UK house prices end 2024 with strong growth – Nationwide

Author: Property118.com Landlord News Team

3rd January 2025, 2 years ago | 0

The UK’s house prices ended 2024 on a positive note, with a 4.7% increase compared to December 2023, Nationwide reports....

House prices edge upward as market shows signs of recovery

Author: Property118.com Landlord News Team

31st December 2024, 2 years ago | 0

House prices in England and Wales saw a modest increase in November, rising 0.2% to an average of £358,800, e.surv...

Zoopla predicts house prices will rise next year as sales surge

Author: Property118.com Landlord News Team

23rd December 2024, 2 years ago | 0

The property market saw sales reaching record highs in 2024, with house prices expected to rise in 2025. According to...

UK house prices to grow 2-4% in 2025 – Nationwide

Author: Property118.com Landlord News Team

17th December 2024, 2 years ago | 0

The UK’s housing market has exhibited surprising resilience in 2024, despite affordability challenges, mortgage market activity as house prices demonstrated...

Buy to let mortgage rates rise after Labour’s Budget

Author: Property118.com Landlord News Team

16th December 2024, 2 years ago | 2

Buy to let mortgage rates have increased following the controversial Autumn Budget – a sign that the markets are not...

Mortgage rates hinder first-time buyers’ homeownership dreams

Author: Property118.com Landlord News Team

11th December 2024, 2 years ago | 0

Mortgage rates remain a big barrier to first-time buyers in the UK, research reveals. The Mortgage Advice Bureau says that...

Precise and Fleet cut BTL rates for landlords

Author: Property118.com Landlord News Team

10th December 2024, 2 years ago | 1

Precise and Fleet Mortgages have both announced significant interest rate reductions on their buy to let products. Precise, part of...

Demand pushes house prices to a record high

Author: Property118.com Landlord News Team

6th December 2024, 2 years ago | 2

House prices in the UK have climbed to a new record high, with the average property now costing £298,083, Halifax...

House prices rebound as annual growth hits 3.7%

Author: Property118.com Landlord News Team

3rd December 2024, 2 years ago | 0

UK house prices saw a surprising rebound in November, with annual growth accelerating to 3.7%, Nationwide reports. This marks the...

KRFI offers new BTL products to support landlords

Author: Property118.com Landlord News Team

29th November 2024, 2 years ago | 0

Kent Reliance for Intermediaries (KRFI), part of the OSB Group, has introduced two new limited edition buy-to-let (BTL) product ranges...