LETTING & ESTATE AGENT

Following the government’s update on 13th May 2020 regarding home moving in England during the Covid-19 outbreak, we are pleased to announce our branches in England will start re-opening their doors for booked appointments over the coming weeks. Health and safety remains our main priority, and a number of strict measures will be put in place to protect our staff and customers. Our offices in Scotland and Wales will continue to support customers from home. Visit our branch page to find contact details for your local office.

Buy-To-Let Lending Highest For 5 Years

Buy-To-Let Lending Highest For 5 Years

As confidence grows within the UK housing market we have seen property prices escalate at an incredible rate.  A separate industry survey from the Royal Institution of Chartered Surveyors states that prices are rising at their fastest rate since November 2006.   Contributing factors include an increase in consumer confidence, higher employment, as well as schemes like Funding for Lending and Help to Buy.  It is said that an “Englishman’s home is his castle” unfortunately, many first time buyers struggle to find the necessary deposits to get their foot on the property ladder.  This and the lack of affordable homes has mushroomed the demand for rental accommodation within the UK.

Buy-to-let lending in the UK recently reached the highest level for nearly five years.  Data from The Council of Mortgage Lenders advised that 40,000 mortgages, worth £5.1bn, were advanced to buy-to-let investors in the second quarter of this year alone.