The current climate means that it is an opportune time for new investors to enter the property market. The stamp duty holiday means that there is an opportunity to minimise upfront costs. If you are thinking about entering the world of property investment here are some tips to get you started. Choose your niche Commercial […]
It is clear that rental prices are increasing. They are mirroring the trend of UK property prices. Monthly rent is most affordable in the North. Above any other Durham is the most affordable city for renters in the UK. Durham rental prices total an average of 21% of an individual’s monthly income. Following this, Hull […]
Boris Johnson has recently announced plans to introduce 95% LTV mortgages. This means individuals will only need a 5% deposit to purchase property. He also plans to introduce these mortgages without the need for stress testing. Mortgage stress testing involves banks checking whether an individual can still make their repayments at a rate higher than […]
In other words, Buy to Let landlords are now holding onto properties for longer than they did in the past. Independent Estate Agent ludlowthompson has found that over 29% of Buy to Let investment properties sold in 2018 had been owned for over 15 years. This figure has risen from 22% in the two years […]
