UK Property & Short-Term Finance Insights
Four months after the Renters’ Rights Act came into force, more than six in 10 letting agents say their teams spend more time on compliance and administration. Research by The Letting Partnership, based on a survey of 163 letting agents in England, found that 62.5%…
The post Renters’ Rights Act adds compliance pressure to letting agents appeared first on Mortgage Strategy.
August data indicated a sustained downturn in business activity across the UK construction sector, led by weakness in the residential building segment. The seasonally adjusted S&P Global UK Construction Purchasing Managers’ Index – an index tracking changes in total industry activity – registered 44.3 in…
The post PMI reveals downturn in resi building work in August appeared first on Mortgage Strategy.
Soaring swap rates caused a small fixed rate mortgage increase this week, according to Moneyfacts, with more hikes expected. The average two-year fix is now 5.6%, up from 5.59% a week ago, while the typical five-year fix also rose by 1bps, to 5.64%. Moneyfacts personal…
The post Soaring swap rates bump up mortgage prices: Moneyfacts appeared first on Mortgage Strategy.
Sales activity across prime London has picked up this year, with buyers increasingly choosing to negotiate on price rather than abandon deals, according to data from Knight Frank. The number of transactions across prime central London (PCL) and prime outer London (POL) in the three…
The post Prime London sales strengthen, says Knight Frank appeared first on Mortgage Strategy.
The number of formal complaints made to the New Homes Ombudsman (NHOS) has more than tripled in the space of a year, as more developers have signed up to the higher standards and coverage of the Ombudsman, according to new data. Its latest annual report…
The post Formal complaints from new build buyers triples in a year appeared first on Mortgage Strategy.
The post Hampshire Trust Bank hires lending director appeared first on Mortgage Solutions.
The post Gatehouse launches range of refinance deals appeared first on Mortgage Solutions.
The post Shared ownership at risk of becoming ‘two-tier’ system – CIH appeared first on Mortgage Solutions.
The post Own New and Gable Mortgages launch no-deposit mortgages on Barratt Redrow homes appeared first on Mortgage Solutions.
The post Housing minister considers stronger protection for restrictive covenants appeared first on Mortgage Solutions.