Tag: UK economy

Base rate cut will boost house prices by 2.5%

Author: Property118.com Landlord News Team

21st August 2024, 2 years ago | 1

The Bank of England’s recent decision to lower interest rates to 5% has ignited optimism within the housing market, says...

Landlords prefer five-year fixed rate mortgages – Landbay

Author: Property118.com Landlord News Team

16th August 2024, 2 years ago | 2

Buy to let landlords are increasingly opting for the stability of five-year fixed rate mortgages, research from Landbay reveals. The...

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UK rents surge and house prices rise – ONS

Author: Property118.com Landlord News Team

15th August 2024, 2 years ago | 0

The average private rent in the UK surged by 8.6% in the 12 months to July 2024 and house prices...

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TML and CHL are the latest to cut BTL rates

Author: Property118.com Landlord News Team

9th August 2024, 2 years ago | 1

The Mortgage Lender (TML) and CHL Mortgages have both announced rate cuts across their buy to let product ranges as...

Rental yields soar to 10-year high

Author: Property118.com Landlord News Team

8th August 2024, 2 years ago | 4

Rental yields generated by landlords have hit the highest level since 2014, research from Paragon Bank reveals. The lender’s latest...

MFS and Landbay cut BTL mortgage rates in a competitive market

Author: Property118.com Landlord News Team

5th August 2024, 2 years ago | 0

Specialist lender Market Financial Solutions (MFS) has announced rate reductions across its product range, including its innovative Bridge Fusion product....

Propertymark says Section 24 tax change is fuelling the rental crisis

Author: Property118.com Landlord News Team

5th August 2024, 2 years ago | 4

A government policy intended to level the playing field for landlords has instead sparked a crisis in the private rented...

Landbay cuts BTL rates and Aldermore unveils new products for landlords

Author: Property118.com Landlord News Team

2nd August 2024, 2 years ago | 0

Buy to let lender Landbay has announced rate reductions and new product launches to support landlords. It has cut rates...

Paragon and Molo are the latest lenders to reduce BTL rates

Author: Property118.com Landlord News Team

31st July 2024, 2 years ago | 0

Paragon Bank has refreshed its product range, offering landlords more competitive buy to let mortgage options. Rates for single self-contained...

London’s PRS boosts the UK’s economy by £14.6bn

Author: Property118.com Landlord News Team

31st July 2024, 2 years ago | 0

London’s private rented sector (PRS) is a key driver of the UK economy, contributing a substantial £14.6bn to the nation’s...

Stamp duty relief blow for first-time buyers

Author: Property118.com Landlord News Team

29th July 2024, 2 years ago | 3

Only 37% of homes for sale will qualify for stamp duty relief when the current threshold of £425,000 reverts to...

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Buy to let lending halves in a year as landlords face pressure

Author: Property118.com Landlord News Team

23rd July 2024, 2 years ago | 2

The volume of lending for buy to let purchases plummeted by more than half compared to the same period last...

Understanding and Reforming the Rate Paid by the Bank of England to Commercial Banks

Author: Adam Lawrence

26th June 2024, 2 years ago | 5

The Bank of England’s monetary policies, specifically Quantitative Easing (QE) and Quantitative Tightening (QT), have profound implications for the UK...

How Will the General Election Affect UK House Prices?

Author: Ranjan Bhattacharya

24th June 2024, 2 years ago | 0

In this episode of Property Answers, we explore the potential impact of the upcoming general election on UK house prices....

UK house prices show signs of recovery after slowdown

Author: Property118.com Landlord News Team

20th June 2024, 2 years ago | 0

The UK’s housing market appears to be stabilising after a period of decline, with average house prices edging upwards for...

UK house prices hold steady despite monthly dip

Author: Property118.com Landlord News Team

7th June 2024, 2 years ago | 1

UK house prices showed little change in May compared to the previous month, dipping by just 0.1%, Halifax reports. However,...

Small landlords generate £45 billion for the economy

Author: Property118.com Landlord News Team

3rd June 2024, 2 years ago | 5

A report by PwC shines a light on the significant contribution of small and medium-sized landlords in England and Wales...

PRS supports more than 390,000 jobs and generates £45 billion

Author: Property118.com Landlord News Team

20th March 2024, 2 years ago | 6

The private rented sector (PRS) in England and Wales supports more than 390,000 jobs across its supply chain and the...