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So far viewjumbo123 has created 30 blog entries.

First-time buyers ‘at 11-year high’

More first-time buyers took out mortgages in 2017 than in any year since the financial crisis. There were 365,000 first-time buyers in the UK, the highest number since 2006 and an increase of 7.4% compared with 2016, UK Finance said. Yet this growth is expected to cool in 2018, the lenders' trade body said. The [...]

By | 2018-02-15T13:31:23+00:00 February 15th, 2018|Commercial, Concepts, Industry News, Residential, Uncategorized|0 Comments

UK exports in financial services jumps to £95.7bn

Britain's exports in financial and professional services had a record-breaking year in 2017, according to figures released today by TheCityUK. Exports in the sector jumped 15.8% from £82.6bn to £95.7bn, breaking away from four years of relatively sluggish growth, when exports edged up by 0.9% each year on average. The UK remains the world's top [...]

By | 2018-02-13T12:13:48+00:00 February 9th, 2018|Commercial, Industry News, Uncategorized|0 Comments

Borrowers ear ignoring mortgage time-bomb, says FCA

Hundreds of thousands of homeowners could be at risk of losing their homes by ignoring how they will pay off their mortgage, a regulator has warned. Nearly one in five mortgage-holders have an interest-only home loan, meaning they would need savings or other funds to pay off the capital sum. The Financial Conduct Authority (FCA) said the [...]

By | 2018-02-07T14:15:15+00:00 February 6th, 2018|Industry News, Residential|0 Comments

Six factors influencing the UK property market in 2018

2018 could be the year in which Britain’s dysfunctional housing market for first-time buyers and tenants. Interest rates will stay low Another 0.25% hike is expected in late spring, taking the Bank of England base rate to 0.75%. That will add £22 to the typical £175,000 tracker mortgage, but with more than half of all [...]

By | 2018-02-03T15:13:45+00:00 February 2nd, 2018|Commercial, Industry News, Residential, Uncategorized|0 Comments

Buying and selling property in the UK moves into the digital age

Buying and selling a home in the UK without the need for paper deeds is one step closer after the Government approved changes to the land registration rules to pave the way for the introduction of digital land registration. The changes, which will come into effect on 06 April 2018, are central to the Land [...]

By | 2018-01-30T11:39:08+00:00 January 30th, 2018|Commercial, Industry News, Residential, Uncategorized|0 Comments

A Dubai based property tycoon is buying the UK’s Brexit dip

Dubai property tycoon Hussain Sajwani - who has been described as the Donald Trump of the Middle East - is eyeing expansion into the UK. Sajwani, the chairman of UAE property giant Damac Properties, said the UK’s property market is ripe for investment following the UK’s landmark vote to leave the European Union in 2016.  In [...]

By | 2018-01-22T17:16:34+00:00 January 22nd, 2018|Commercial, Industry News, Uncategorized|0 Comments

UK alternative finance market is now worth £4.6 billion

The UK online alternative finance market grew 43% in 2016 to reach £4.6 billion, buoyed by increased institutional investment and a sustained pick up in innovative business lending models. The annual report from Cambridge Centre for Alternative Finance puts peer-to-peer business lending at the top of the tree in terms of market share, growing by [...]

By | 2017-12-12T11:35:03+00:00 December 12th, 2017|Commercial, Industry News, Uncategorized|0 Comments

Investors told private rented sector is one of ‘hottest UK property niches’

A new report by City analysts Peel Hunt says that the private rented sector has become one of the “hottest UK property niches”, and that the “race for scale” in the sector has only just begun. The report, ‘Real Estate: A Game Of Two Halves’, looks only at listed property companies and gives a ‘buy’ rating [...]

By | 2017-12-08T11:20:02+00:00 December 8th, 2017|Commercial, Residential, Uncategorized|0 Comments

Foreign buyers are pouring money into expensive properties around London

Property in central London is very attractive to foreign buyers as prices have been falling due to an oversupply of luxury flats and affordability issues. International buyers are still aiming to pump as much as £40 billion into central London property - despite the shadow of Brexit and new taxes hanging over the capital. Prices of these luxury [...]

By | 2017-12-05T11:23:04+00:00 December 5th, 2017|Commercial, Uncategorized|0 Comments