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Plans tabled for canalside apartment development

Manchester-based property company Regency Residential, part of the MCR Property Group, has submitted plans for a 99-apartment development on Bridgewater Canal in Altrincham.

Leaseholds Banned On New-build Houses in England

People buying new-build houses in England will no longer be obliged to enter leasehold agreements, the government has announced. The plans announced mean anyone buying a flat - or a house - on a lease of longer than 21 years will also not have to pay any ground rent.

What Does The Future Hold for Chinese Property Investment?

Wealthy Chinese and Far Eastern investors like the stability, democracy and solid land titles that Britain offers, as well as feeling that owning property here carries kudos and offers a prime opportunity

Why Invest in Sheffield?

Located in the middle of the UK within the South Yorkshire region, Sheffield has plenty on offer. Known as the ‘steel city’, Sheffield has grown to become England’s fourth-largest city. Exceeding a population of 635,000, the city’s ever-increasing inhabitants have pushed house prices up and increased housing demand.

House Prices Rise £11,000 in a Year Official Data Shows – Despite Fears of a Market Slowdown

House prices in the UK increased by 5.4% in the year to September 2017, up from 4.8% the previous month to an average of £226,367, the latest official figures show. The figures from the Land Registry also show that month on month prices increased by 0.4% and are now £11,000 higher than in September 2016...

Demand For Expat Mortgages Reaching New Levels According To Latest Research

There has been an increasing number of UK buy-to-let enquiries from British expats, according to new research from Liquid Expat Mortgages. These findings reflect the growing demand we’ve been seeing for buy-to-let (BTL) mortgages from overseas investors; due partly to the increasing strength of foreign currency against the pound. The British property market has long been...

Why Invest In Birmingham?

Why Birmingham? Birmingham has undergone a significant transformation for a number of years, with milestones including the £600 million reopening of New Street station, £150 million launch of Grand Central shopping centre and its flagship John Lewis store, plus the £50 million redevelopment of The Mailbox and £150 million opening of leisure complex Resorts World...

The Financial Crisis – 10 Years On

This month marks the 10th anniversary of the start of the global financial crisis, an event that caused doubt and uncertainty within a number of markets and continues to shape the UK housing market today. Exactly ten years ago thousands of people rushed to withdraw their hard-earned savings from Northern Rock, fearing the banking system...

Buy-to-let Mortgages Reach Highest Level Since 2007

The number of buy-to-let mortgages available has reached its highest level in almost a decade, providing new and existing landlords with more choice than ever. The figures, taken from the latest Moneyfacts UK Mortgage Trends Treasury Report show that the number of buy-to-let (BTL) products has increased by 7% in just one month to total...

Average House Price Rises to £211,671 as Property Market Growth Continues

The shortage of homes coming to market is leading to a rise in house prices across the UK, according to Nationwide Building Society’s latest house price index. Average house prices rose by 0.3% in July, the second month in a row that prices have risen, as a 1.1% growth was recorded in June. The average house...

Leasehold ban proposed for new-build houses

The government is seeking to end ‘long-term financial abuse’ by some developers who are selling new-build homes on a leasehold basis. Leaseholders typically pay ground rent to the freeholder, but can be caught out by clauses allowing for dramatic increases in these fees. Ground rent typically rises in line with inflation, but in some cases,...

Increase in Buy to Let Landlords Looking to Limited Companies for Lending

For the first time, landlords who have a limited company established for their buy to let business are lending more than ‘classic’ individual investors who do not. According to research from Mortgages for Business ‘Buy to let Index’, more than half (51%) of all lending in Q2 2017 was provided to limited companies. Nearly three...

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