Brokers said homeowners coming to the end of fixed-rate deals over the last 18 months have increasingly turned to short-term fixed-rate loans on the expectation that interest rates would soon be falling again. David Hollingworth, of L&C Mortgages, said the proportion of homeowners locking in rates for only two years …
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The number of rental properties in London has fallen substantially since the pandemic according to research from the London School of Economics (LSE) and property firm Savills. A shortage of rental properties is forcing record numbers of tenants into temporary accommodation. Avondale Square estate, Bermondsey, London [Photo by Stephen Craven …
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First-time buyers will need to find £4,000 a year more to pay the mortgage when interest rates rise to their highest in a decade. Buyers with 5pc deposits have been spared the significant interest rate rises suffered by more affluent borrowers so far this year. But rampant inflation means they …
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… 1995, geo-location data from Google and Royal Mail databases, financial markets data and records from the Office of National Statistics“ he adds. Source link
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11 March 2020 150 Views With confirmation that Section 21 will be scrapped, how can agents get ready for life after no-fault evictions? The short answer is that Section 8 is the remaining eviction option for letting agents and landlords. PayProp has teamed up with Agent Smart to help agents …
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