One in 10 landlords are now planning to buy properties and expand their portfolio, compared to just 3 per cent at the end of last year, research has found.
At the end of 2019, 82 per cent of landlords claimed that they had no plans to acquire another property in 2020, and only 3 per cent were intending to add more than a single property to their portfolio.
The London boroughs of Westminster, Kensington & Chelsea, and Camden are some of the most popular with foreign owners. Pure Property Finance analysed data from the Land Registry on overseas companies that own property in England and Wales.
Overseas buyers were the driving force behind the mortgage market in October, Legal & General Mortgage Club research shows.
L&G’s SmartrCriteria tool, which helps advisers determine which lenders would consider a particular mortgage applicant, shows that mortgages for applicants with visas was the highest searched term among advisers in October.
Now developer SevenCapital - using figures from the likes of JLL, Knight Frank and Zoopla - has come up with a list of the top 10 best places to invest in UK property. Below, Property Investor Today takes a look at their findings.
England is entering a new four-week national lockdown, and there are several things you should know about. Firstly, the government has said you can still move home during this period, which is set to last until 2nd December, as long as you follow the guidelines. In this article, we’ll explain how this second lockdown will impact the housing market, as well as how the latest restrictions may affect your home move.
Mortgage approvals in September reached their highest number since 2007, according to the latest Money and Credit Statistics from the Bank of England.
The latest statistics from the BoE showed the mortgage market had strengthened on an overall basis last month, with a pick up in both mortgage borrowing and approvals.
The country producing the largest number of buyers of prime London properties is not China, nor from North America or the Middle East as one might imagine.
Instead, it’s France, according to data from Knight Frank.
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