News

A significant increase in residential property prices has been forecast by Reallymoving as demand rom buyers continues to heavily outweigh supply. The comparison site predicts the UK housing market will remain buoyant with prices set to increase by an average of 2.9% in June and 3,7%, when compared with the corresponding period last year. Despite warnings from agents and surveyors of limited new supply, activity remains exceptionally stron... Read More
From April 26 Nationwide’s Helping Hand product allows first timers the option of borrowing up to 5.5 times their income when taking a five or 10-year fixed rate mortgage up to 90 per cent Loan To Value – the most currently offered by any major high street lender.   More info at https://www.estateagenttoday.co.uk/breaking-news/2021/4/first-time-buyers-can-now-borrow-5-5-times-their-income... Read More

Agency fees the biggest factor when choosing an agent

April 13, 2021 Tags: Agency, factor
Price unsurprisingly remains an important factor for many buy-to-let landlords when it comes to choosing a letting agent. Letting agent fees, of which 44% of landlords stated is their biggest expense, is the biggest factor when choosing an agent, according to new research by Rentround. More info at https://propertyindustryeye.com/letting-agency-fees-is-the-biggest-factor-when-choosing-an-agent/... Read More

PBSA news roundup

April 11, 2021
PBSA roundup – new Leeds scheme, £133m tie-up and hottest towns revealed More info at  https://www.propertyinvestortoday.co.uk/breaking-news/2021/4/pbsa-roundup--new-leeds-scheme-133m-tie-up-and-hottest-towns-revealed... Read More
London lettings and estate agency Benham and Reeves has calculated a league table of the most popular postcodes in the capital for investors and owner occupier buyers in the past year of the pandemic. Checking all residential property transactions since the first lockdown in March 2020, the agency says there’s been just shy of 50,000 sales completed across the capital at an average £487,500. More info... https://www.lettingagenttoday.co.uk/breaking-news/2021/4/revealed--london-postcodes-still-in-favour-with-investors-and-buyers... Read More