Marketing, Author at UK Mortgage Broker

Average UK rent tops £1,400 for the first time

Marketing July 31, 2024 No Comments

A perfect storm of soaring demand and limited supply of homes has pushed rents to unprecedented levels, according to the latest Goodlord Rental Index. Get in touch with Mortgage Broker UK today […]

A perfect storm of soaring demand and limited supply of homes has pushed rents to unprecedented levels, according to the latest Goodlord Rental Index. Get in touch with Mortgage Broker UK today to discuss your Residential, First-time Buyer, Contractor and Buy to Let Mortgage requirements. The average cost of renting a property in England surged by 7.5% year-on-year, shattering previous records set just last summer. UK Mortgage Broker offer whole-of-market search with totally FREE mortgage quotes and advice, so Contact Us today. With the traditional letting peak underway, July saw rents jump 20% compared to June, to £1,470. Read about the UK Housing Market via our Specialist Residential & Buy to Let Division

To read full article please click link below: Property 118

UK housing market poised for buoyant autumn as interest rate cuts loom

Marketing July 16, 2024 No Comments

The UK housing market is anticipated to experience a buoyant autumn, driven by a potential interest rate cut and enhanced political stability, experts suggest. Get in touch with Mortgage Broker UK today […]

The UK housing market is anticipated to experience a buoyant autumn, driven by a potential interest rate cut and enhanced political stability, experts suggest.

Get in touch with Mortgage Broker UK today to discuss your Residential, First-time Buyer, Contractor and Buy to Let Mortgage requirements.

Lower mortgage rates, resulting from a likely loosening of monetary policy by the Bank of England, could act as a catalyst for buyers to re-enter the property market, according to property search website Rightmove.

UK Mortgage Broker offer whole-of-market search with totally FREE mortgage quotes and advice, so Contact Us today.

Rightmove reported that property market activity remained robust over the last month, despite the general election distraction. The number of sales agreed was 15 per cent higher compared to the same period last year, with an additional 3 per cent of new sellers entering the market.

Read about the UK Housing Market via our Specialist Residential & Buy to Let Division

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Housing market shows signs of recovery

Marketing July 10, 2024 No Comments

The housing market in England and Wales is showing signs of recovery, according to new data from e.surv. Get in touch with Mortgage Broker UK today to discuss your Residential, First-time Buyer, Contractor and Buy to Let […]

The housing market in England and Wales is showing signs of recovery, according to new data from e.surv.

Get in touch with Mortgage Broker UK today to discuss your Residential, First-time Buyer, Contractor and Buy to Let Mortgage requirements.

The average sale price of a home climbed nearly £1,500 (0.4%) to £360,175 in June, the strongest performance for almost a year.

UK Mortgage Broker offer whole-of-market search with totally FREE mortgage quotes and advice, so Contact Us today.

This follows a period of decline, with house prices down 1.6% year-on-year.

Read about the UK Housing Market via our Specialist Residential & Buy to Let Division

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Property 118

UK house prices edge higher in sign of stability after downturn

Marketing June 19, 2024 No Comments

UK HOME prices rose for a second straight month in April, according to official data, suggesting the housing market is stabilising after a dip last year. Get in touch with Mortgage […]

UK HOME prices rose for a second straight month in April, according to official data, suggesting the housing market is stabilising after a dip last year.

Get in touch with Mortgage Broker UK today to discuss your Residential, First-time Buyer, Contractor and Buy to Let Mortgage requirements.

The average price of a home rose to £281,000 (S$482,970), a 1.1 per cent rise compared with a year ago, the Office for National Statistics (ONS) said on Wednesday (Jun 19), citing Land Registry records. This followed a 0.9 per cent gain in March, which was revised down from 1.9 per cent.

UK Mortgage Broker offer whole-of-market search with totally FREE mortgage quotes and advice, so Contact Us today.

Those figures capped eight months of declines in the official measure of house prices and add to evidence that the market avoided a collapse that many analysts predicted after the Bank of England pushed interest rates to a 16-year high.

Read about the UK Housing Market via our Specialist Residential & Buy to Let Division

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Business Times

How Will the UK Election Impact the Property Market?

Marketing June 13, 2024 No Comments

Get in touch with Mortgage Broker UK today to discuss your Residential, First-time Buyer, Contractor and Buy to Let Mortgage requirements. With the UK general election on the horizon, many are speculating about its potential effects on various […]

Get in touch with Mortgage Broker UK today to discuss your Residential, First-time Buyer, Contractor and Buy to Let Mortgage requirements.

With the UK general election on the horizon, many are speculating about its potential effects on various sectors, with the property market being a significant area of interest. Historically, elections tend to bring a degree of uncertainty, and this one is no different.

UK Mortgage Broker offer whole-of-market search with totally FREE mortgage quotes and advice, so Contact Us today.

As the political landscape shifts, so too can the dynamics of property prices, buyer confidence, and overall market activity.

Read about the UK Housing Market via our Specialist Residential & Buy to Let Division

Here, we delve into the possible scenarios and factors that could shape the property market in the wake of the upcoming election.

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Today’s Will & Probate

UK House Prices Steady in May Boosted by Wage Growth

Marketing June 8, 2024 No Comments

Get in touch with Mortgage Broker UK today to discuss your Residential, First-time Buyer, Contractor and Buy to Let Mortgage requirements. The latest figures from mortgage lender Halifax show that during the crucial spring sales period, UK house […]

Get in touch with Mortgage Broker UK today to discuss your Residential, First-time Buyer, Contractor and Buy to Let Mortgage requirements.

The latest figures from mortgage lender Halifax show that during the crucial spring sales period, UK house prices remained unchanged in May, supported by rising wages and a rise in economic confidence.

UK Mortgage Broker offer whole-of-market search with totally FREE mortgage quotes and advice, so Contact Us today.

However, the North West of England was the best performing region in the UK, with average house prices reaching £232,258 and annual price growth of 3.8% in May. In Northern Ireland, the trend of robust growth continued, with an increase of 3.2% in May.

Read about the UK Housing Market via our Specialist Residential & Buy to Let Division

The latest information helps to prove that the housing market remains solid despite the Bank of England’s decision not to cut interest rates any further this month.

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Source: Econstrum

Housing Market Sees Major Surge In Activity As Tenant Demand Rises

Marketing June 5, 2024 No Comments

Get in touch with Mortgage Broker UK today to discuss your Residential, First-time Buyer, Contractor and Buy to Let Mortgage requirements. The housing market experienced a significant uptick in activity in April 2024, with increases in buyer registrations, […]

Get in touch with Mortgage Broker UK today to discuss your Residential, First-time Buyer, Contractor and Buy to Let Mortgage requirements.

The housing market experienced a significant uptick in activity in April 2024, with increases in buyer registrations, new sales instructions, and sales agreed. Meanwhile, the lettings sector saw a rise in prospective tenant registrations, although demand continues to outstrip supply.

UK Mortgage Broker offer whole-of-market search with totally FREE mortgage quotes and advice, so Contact Us today.

Increase in residential sales activity
Propertymark’s latest Housing Insight Report reveals that the number of market appraisals per member branch rose from 22 in March to 26 in April 2024. This increase indicates a potential rise in future supply. The average number of sales agreed per branch also saw an upward trend, suggesting a more active market as spring begins.

Read about the UK Housing Market via our Specialist Residential & Buy to Let Division

Fluctuating rents and reduced arrears
In the lettings sector, rents showed variability across different markets and regions. Most Propertymark members reported that rents either remained static (47%) or increased (41%) during April. Encouragingly, rental arrears decreased, with only about 2% of fully managed and rent collect properties in arrears, indicating improved payment stability among tenants.

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Source: Landlord Knowledge

First-time buyer mortgage market set to beat predictions and reach record highs in 2024

Marketing May 30, 2024 No Comments

Get in touch with Mortgage Broker UK today to discuss your Residential, First-time Buyer, Contractor and Buy to Let Mortgage requirements. The first-time buyer market has proven resilient this year, despite historic headwinds, analysis from Yorkshire Building Society […]

Get in touch with Mortgage Broker UK today to discuss your Residential, First-time Buyer, Contractor and Buy to Let Mortgage requirements.

The first-time buyer market has proven resilient this year, despite historic headwinds, analysis from Yorkshire Building Society has revealed.

UK Mortgage Broker offer whole-of-market search with totally FREE mortgage quotes and advice, so Contact Us today.

In partnership with business consultancy CACI, the society’s research found that first-time buyers make up a higher proportion of the home purchase market than at any time since the business consultancy began measuring such market statistics in 2016.

Read about the UK Housing Market via our Specialist Residential & Buy to Let Division

The mutual has seen overall mortgage applications rise by almost a quarter in 2024, despite forecasts from UK Finance that gross lending would be lower in 2024 than it was in 2023.

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Source: The Intermediary

UK Housing Market Set for Dip and Recovery

Marketing May 29, 2024 No Comments

Get in touch with Mortgage Broker UK today to discuss your Residential, First-time Buyer, Contractor and Buy to Let Mortgage requirements. A new report predicts a significant upturn in the housing market, pointing to a sustained period of […]

Get in touch with Mortgage Broker UK today to discuss your Residential, First-time Buyer, Contractor and Buy to Let Mortgage requirements.

A new report predicts a significant upturn in the housing market, pointing to a sustained period of recovery, stabilising interest rates and growing demand for housing.

UK Mortgage Broker offer whole-of-market search with totally FREE mortgage quotes and advice, so Contact Us today.

The report is by development finance lender Atelier and compiled by Nicole Lux, senior research fellow at London’s Bayes Business School.

Read about the UK Housing Market via our Specialist Residential & Buy to Let Division

Following analysis of primary data sources, dating back to the start of the ONS house price statistics in 1969, the report examines the long-term historic trends and forecasts a medium-term outlook for the key factors driving the property market, including property values, inflation, interest rates, demand, supply, mortgage rates, unemployment and population growth.

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Source: Financial Reporter

Housing set to be key battleground for 2024 general election

Marketing May 24, 2024 No Comments

Get in touch with Mortgage Broker UK today to discuss your Residential, First-time Buyer, Contractor and Buy to Let Mortgage requirements. The UK’s housing market will be a major battleground in the general election – with the […]

Analysis by the market research firm Ipsos shows that British voters are most concerned about the economy, with healthcare, immigration and housing also ranking highly.

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Source: Property Industry Eye

Get in touch with Mortgage Broker UK today to discuss your Residential, First-time Buyer, Contractor and Buy to Let Mortgage requirements.

The UK’s housing market will be a major battleground in the general election – with the main political parties set to outline their plans over the next few weeks, including measure to address the existing crisis.

UK Mortgage Broker offer whole-of-market search with totally FREE mortgage quotes and advice, so Contact Us today.

The Tories and Labour will be grilled on their plans to support homeowners and renters over the next six weeks with research revealing that housing will be one of the key issues that will help decide the general election.

Read about the UK Housing Market via our Specialist Residential & Buy to Let Division

Analysis by the market research firm Ipsos shows that British voters are most concerned about the economy, with healthcare, immigration and housing also ranking highly.

To read the full article click the link below:

Source: Property Industry Eye