Property News

First Time Buyers Need More Education on Property Purchases

New data from Mortgage Advice Bureau (MAB) has found that 89% of mortgage advisers believe first time buyers need more education on purchasing a property and what is needed for a mortgage application. In a recent survey of over 200 mortgage advisers, MAB sought to discover some of the main sticking points advisers come across in first time buyer mortgage applications.

UK rents rise by 8.5%

Investors are receiving more income from tenants, as UK rents have increased by 8.5% year-on-year, the Hamptons Monthly Lettings Index for June has revealed.