Category: mortgagebrokersnetwork
Feb
11
Rental Property Prices Increase
Rental Property Prices Increase Tenants are now paying an extra £62 a month more in rent now than before the pandemic because of a reduction in availability of homes to let. Rents have increased by 8.3 per cent in the last year to a national average of £969 a month, according to property website Zoopla. […]
Feb
01
Work from home drives demand
Work from home drives demand across most sectors. A record number of property sales and home moving has been taking place throughout the last 20 months of the pandemic. With the demand for detached homes seeing the greatest demand. This is having a knock on effect within the housing market. Lots of employers operated a […]
Jan
31
The supply of homes reduces to record levels.
Recent figures from Estate Agents has shown the demand for homes Recent figures from Estate Agents has shown the demand for homes is continuing to rise, however the supply of properties is reducing. THE NAEA revealed the number of buyers registered to it’s branches climbed 12% in November compared to October. Byt the supply of […]
Jan
28
Questions to ask before you start house hunting.
Questions to ask yourself before you start house hunting Thinking carefully about the answers and be honest with yourself this will help you identify what you really want from a home and how to filter your search by location, property type and price range. What are you willing to compromise on? Nobody wants to have […]
Jan
27
House prices in 2021 see largest rise on record.
Data from the Nationwide House Price Index report from December shows that the average house price has increase by 1% month on month. The national average house price has now risen to a record high of £254,822 during December. The average house price has increased by £23,822 in 2021 which is the largest rise in […]
Jan
26
First-time buyer searches grew 64% in 2021:
Searches for mortgages suitable for first-time buyers (FTBs) rocketed by 64% compared to 2020 search data, says Legal & General Mortgage Club. In 2021, the top search term was still ‘visa’, second was: ‘loan to value’ and third was, ‘default satisfied’. The reason for popularity of the visa search, Legal & General deduces, is because […]
