Concerns over rising UK house prices have recently led some economic commentators and MPs to argue for a rise in interest rates. However, Mark Carney, the Governor of the Bank of England, has ruled out an interest hike as a cooling off measure
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Among some of our buy to let property insurance customers the term ‘let to let’ is perhaps not too familiar. Yet it is an increasingly common phenomenon in the UK.
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A survey of 300 clients of Mortgages for Business, a landlords broker, has revealed that 57 per cent wish to expand their portfolios over 2014. Among landlords with 10 or more properties, 66 per cent plan to invest more.
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The dream of owning a holiday home is one that many thousands of Britons have realised, often after many years of hard work. But investing in holiday properties as a ‘sleeping’ concern has also become very popular, with a good income to be made from properties that are in popular locations.
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The number of homes built by private construction firms has increased year-on-year by 29 per cent in the three months to the end of September, according to data from the Housebuilders Federation.
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