D_Property

There are 280 more buy-to-let products available now than there were at the start of May 2020. Buy-to-let product choice is beginning to increase and some higher LTV rates have been reduced, according to the latest research from Moneyfacts, who says there are “glimmers of hope emerging” for the market following the initial impact of the coronavirus pandemic. Overall, there are 280 more buy-to-let products available now than there were at the start of May 2020. The product choice at 75% LTV has increased by 46 two-year fixed rate deals and 54 more products are available in the five-year fixed rate bracket. The picture at 80% LTV is similar, with this traditionally smaller sector increasing by […]

New research reveals a continuing north-south divide in rental yields for landlords. So where are the best locations for buy-to-let investors to target? Online mortgage broker Mojo Mortgages has revealed how postcodes across the UK are currently performing in terms of buy-to-let yields for landlords. The company conducted its research between 18th and 25th May, so it reflects the up-to-date situation taking coronavirus into account. The findings, which used UK Land Registry, Zoopla, On The Market and Property Data figures, revealed Liverpool as the UK’s top performer. Postcodes in the north-western city appear several times in the top 20 list, making it the highest-yielding location overall. It is also one of the most desirable UK hotspots […]

After a two-month pause, UK rental property has seen a resurgence in tenant demand. But supply is lagging behind, leaving a gap in the market for investment. Property portal Rightmove last week announced that it experienced its busiest day on record on Wednesday 27th May. More than six million visitors browsed the site, which was also an 18% increase on the same day last year. The data also shows that more than a quarter of people (28%) who’d had no plans to move before lockdown were now on the lookout. For the sales market, this certainly demonstrates a revival of interest. However, according to Rightmove, the rental market’s recovery has been even more significant than sales. […]

The latest research from Property Hub has revealed that a huge 98% of property investors still consider property to be a good long-term investment. Property Hub, which cites itself as the UK’s number one property podcast and one of the largest property communities in the UK, surveyed 1,731 of its members and found that sentiment remained incredibly strong. The property industry, like nearly all sectors, was plunged into chaos with the arrival of coronavirus, which saw many developers and housebuilders withdraw from site and lenders remove their most competitive products, leaving buyers in limbo as risks were reassessed. “Sentiment is an important factor with property,” Rob Bence, chief executive at Property Hub, said. “If sentiment is […]

Almost half (48 per cent) of UK investors still view property as a safe and secure asset in the midst of the Covid-19 crisis, new research has found. This is compared to just 12 per cent who do not and the remaining 40 per cent who are unsure, according to the survey, commissioned by property investment firm FJP Investment. Despite their confidence in the property market, the research found that there is some hesitancy around making new investments. 43 per cent of investors surveyed said they are not making major financial decisions until the pandemic has passed and one fifth who were planning on buying one or more properties this year will no longer be doing […]

It took a trip to the Land of Oz to make Dorothy value her home. For the rest of us, it took a global pandemic. During the past two months, our residence — whether that be a mortgage-free house or shared rental flat — has become our entire world: office, restaurant, cinema, gym and shelter, all rolled into one. If we didn’t know the ins and outs of our quarters before, we do now. Many people have developed a more personal understanding of a market that has played a vital role in shaping the British economy for decades. Housing costs in Britain are some of the highest in the world, more than quadrupling since the 1970s. […]