As a landlord, it is inevitable that you will come across some complications that are out of your control, ranging from loss of rent to damaged furniture, which is why obtaining the best landlord insurance, is so important. If you obtain specialist insurance, you could be provided with buildings cover, contents insurance, along with optional cover for accidental damage, home...
The supply of homes for sale across the UK has tumbled to its lowest level since records began in January 1978. The number of properties coming on the market has not only fallen for four months in a row, according to the Royal Institution of Chartered Surveyors, there is little sign that ultra-low mortgage deals or the end of political...
The English Housing Survey reveals that 48% of all households aged between 25 and 34 rented privately in 2013/14, a figure that has more than doubled from 21% in 2003/04. This helps to explain why Prime Minister David Cameron has pledged to offer the 200,000 starter homes that will be built each year to first-time buyers under the age of...
Who will have a mortgage after retirement?
More mortgage borrowers aged between 20 and 29 are expressing concerns about access to property finance in retirement than any other age group. Research conducted on behalf of Ipswich Building Society reveals 39% of people with a home loan are concerned about the availability of mortgages for borrowers aged over 50. And that figure rises to 45% for borrowers aged between 20...
The increasing popularity of new-build privately managed university halls of residence among the UK’s fast-growing undergraduate population is reviving interest in the student market among property investors. The student market has undergone significant change over the past five years as more undergraduates move out of traditional lodgings in large houses of multiple occupation located in the more affordable areas of...
UK prices are once again likely to grow over the course of the next few months as it goes. The Land Registry has reported a return to growth in the months to come. A 0.9 increase followed by a 0.8 fall during the month of March has taken the average price for a home in England and Wales up...
A failure to understand new rules on mortgage affordability is preventing a growing number of people from moving home. The Mortgage Market Review – which came into force in April last year – now means lenders are responsible for assessing whether borrowers can afford a home loan. This has led to them introducing new ways of verifying a customer’s income. But...
Property investors looking to secure their place in the sun on the picture postcard perfect island of Phuket off the coast of Thailand remain on safe ground. Despite it being 10 years since demand for properties outstripped supply, the market for villa and condominium rentals remains strong, while estate agents have developed rich revenue streams thanks to their entry into...
Britain is not the only country where complaints about the lack of affordable housing are becoming louder. But the Help To Buy Isa introduced by the Conservative Party plus plans to build 200,000 affordable homes are not the only way to help first-time buyers. Here, we look at how other countries are helping their citizens get their first foot on...
The marketplace for UK Property Development Finance is changing; that’s a fact. There is currently a substantial increase in the number of entrants seeking to provide funds, and as a result of increased competition, there has not been a better time since the crash to evaluate the development funding options available to you. We will take a look at...