Buy-to-let lending through specialist business finance brokers is up 66% in 2010 – but is still way behind the billions borrowed at the height of the property boom.
Commercial finance brokers arranged buy-to-let loans totalling £0.718 billion in the year – up from £0.476 billion last year. Continue reading Brokers set up more COMMERCIAL loans but cash is still tough to find reports the National Association of Commercial Finance Brokers (NACFB).
Property investors have seen homes double in value over the past 10 years despite the ups and downs of recession.
Semi-detached homes were the biggest winners returning an average 111% increase – just over the 110% for terraced houses and 109% for bungalows. Continue reading Investors see homes double in value in the last 10 years according to a survey from the Halifax.
Increasing tenant demand and a fall in the number of properties available to let are driving rents higher, says the latest letting market review from the Royal Institute of Surveyors (RICS).
Tenant demand is strongest in London and the East but increased across all regions. Continue reading Buy to let bonanza as rents set to soar.
House prices are pretty much at a stand still this year although prices are up an average 6.7% for all types of property on July last year.
Prices climbed a modest 0.4% in July, according to the latest house price data from the Land Registry. Continue reading Land Registry Reports house prices rise by 6.7% in past year
One in four buy to let landlords have solid confidence in property investment and believe now is a good time to invest.
Only 2% consider now is a good time to reduce their portfolios – and although the rest think now is not the time to invest, one in three (32%) want to buy more buy to let property in the coming year. Continue reading Landlords eager to expand buy-to-let portfolios. Report from LSL Property Services
Property investors and small businesses are finding problems borrowing as banks and finance institutions have slashed lending by about £13 billion.
The latest annual lending survey by the National Association of Commercial Finance Brokers (NACFB) shows about £20 billion a year was available for businesses to borrow in the mid-2000s and this has slipped by around 66% to the current £7 billion a year. Continue reading Don’t bank on the high street lenders to finance your business. The Chief Executive of the National Association of Commercial Finance Brokers speaks out following a survey of members regarding the true state of the market
Low house prices and interest rates have sparked a holiday home boom as investors swoop property at popular tourist locations all over England.
An estimated 245,384 investors now own a second home in England – and the figure’s likely to go up, says a survey by top people’s estate and letting agent Knight Frank. Continue reading High yields and low prices spark a boom in the UK holiday lettings market