If you’ve been a mortgage seeker over the last few months, you may well have found your bank manager notably more willing to lend you money. The Governor of the Bank of England, Mark Carney, has stated that interest rates are likely to remain at their all-time-lows until 2016; and the government’s Funding for Lending scheme has increased mortgage availability and lowered rates. But how to cash in on this mini boom?
Read More
While being grilled by the Treasury Select Committee, Carney said the Bank could impose “more intensive supervision” on banks if the market started to overheat, and that caps on loan-to-value ratios could be imposed.
Read More
New research by the Strategic Society Centre points out that the number of landlords in the UK has doubled in the last two decades.
Read More
The cost of renting has risen for tenants, meaning good news for landlords.
Read More
New data from the Halifax shows that UK flats have increased in value by £394 per month over the last decade, rising from £133,483 to £180,799 since 2003.
Read More
All News