Landlord News
Surge in House Price Reductions as Mortgage Rates Climb, Zoopla Reports
Zoopla’s most recent House Price Index has disclosed a surge in sellers (42%) who are agreeing to a minimum of 5% off the asking price…
mortgage rates
Landlord News
Bank of England Administers ‘Shock Therapy’ with Unanticipated Rise in Interest Rates to 15-year High
In an unexpected move, the Bank of England (BoE) has raised interest rates by 0.5% to 5% in its latest attempt to curb the UK’s…
Landlord News
Property Sellers Unfazed by Falling Prices and Rising Mortgage Rates
According to Rightmove, the average asking price for properties dipped by a mere £82 in June, despite the unsettling increase in mortgage rates. Rightmove’s house…
Landlord News
The Mortgage Lender Revamps Residential and Buy-to-Let Mortgage Products
The Mortgage Lender, a leading specialist in the UK mortgage industry, declared the reintroduction of its Residential and Buy-to-Let product suites on 7th June. Among…
Landlord News
Halifax Index Reveals First Annual House Price Drop; Further Declines Expected as Mortgage Rates Rise
According to the Halifax House Price Index, house prices remained stagnant in May but saw a 1% decline over the past year. This marks the…
Landlord News
Mortgage Market Jitters: More Deals Withdrawn Amid Rate Hike Concerns
As concerns mount over potential increases in interest rates by the Bank of England, lenders have begun to withdraw additional mortgage deals, causing offers to…
Landlord News
Landlord Concerns Over Further Interest Rate Hikes
Landlords and homeowners across the UK have been cautioned about the prospect of two further interest rate surges expected this summer. The warning comes after…
Landlord News
Mortgage Rate Hikes Lead to Fall in House Prices
UK house prices have reportedly fallen 0.4% between November and December, following a year-long trend of steady growth. Average house prices rose 9.8% in the…
Landlord News
House Prices Predicted To Fall This Year
A ‘modest decline’ in house prices in 2023 has been predicted by the Nationwide in its latest house price report. Prices could go down by…
Landlord News
Bank Rate Hike Brings House Price Uncertainties
Noting ‘some early indications of a slowing in housing demand’, the Bank of England’s Monetary Policy Committee has chosen to dampen the fire further by…
Landlord News
BTL mortgage rates moving down
Buy-to-Let mortgage rates have been moving down. Average two and five year fixed BTL mortgage rates have fallen since the start of May and are…
Landlord News
BTL mortgage rates are on the up
Average buy to let mortgage rates on two and five year fixed deals are on the up, the Moneyfacts portal has reported. The average two…
Landlord News
Rates rise for mortgages
Mortgage borrowers should act quickly as interest rates continue to rise, financial information company Moneyfacts has suggested. Average rates on two and five year fixed…
