Category: Mortgages

Aberdeen commercial property transactions higher than Glasgow and Edinburgh

The Scottish Property Federation has reported that in the second quarter of 2018, commercial property activity in Aberdeen exceeded that of Edinburgh and Glasgow.

Brits holidaymaking in UK fuels demand for holiday lets

More British people are choosing to take their holidays in the UK and this has led to a strong demand for holiday lets.

£18.8 billion spent by British on commercial property in 2018

New data from estate company Savills has shown that UK investors spent over £18.8 billion on UK commercial property in the first seven months of 2018

How PDR affected the office property market

Permitted development rights (PDR) were introduced in 2015 to allow the conversion of certain types of property from commercial to residential use without the need to obtain planning permission.

Buy-to-let market still attractive to first time landlords

Research by Sainsbury’s Banks has revealed that 9% of British adults are interested in investing in the buy to let market.

How lenders are helping expat buy to let landlords

There are many UK residents who move to live abroad. Many of them purchase buy to let property to provide an income and a home for when they return to live in the UK.

£4.1 billion spent on commercial property by local authorities

According to data compiled by estate agents Savills, UK local authorities invested £4.1 billion in commercial property in the last four years but their share of the UK commercial property market remains small. In 2017 Britain’s local authorities spent £1.8 billion on commercial property, a 1,868% increase over the £93.8 million they invested in 2014.

Buy-to-let borrowers getting younger

According to research by online buy-to-let estate agent Yieldit, the average age of buy-to-let purchasers has dropped

Report predicts buy to let market to stabilize by 2021

A new report from the Centre for Economics and Business Research in association with Shawbrook Bank has forecast that volume in the buy to let property market will decrease, but by 2021 the market will become stable

Research reveals buy to let investment mostly profitable

New research by British Pearl, a property investment platform, has revealed that over a five-year period, around 83% of buy to let investments are profitable