UK expats acquiring buy-to-let property back home are typically squandering £40,000 on unnecessary transaction costs, exchange and loan rates in the first five years, according to a new study. Joint research by specialist loan packager Thistle Finance and global currency specialist Mercury FX has revealed that specialist currency firms could typically save their clients up [...]
Here at Jumbo Bridging, we value your privacy. From 25th May 2018, the new EU General Data Protection Regulation (GDPR) will be coming into effect. To comply with the new requirements of this law, and to ensure that we can best continue to serve you in finding new career opportunities, Jumbo Bridging has updated its Privacy [...]
With a growing economy, the city is set to continue outperforming national performance forecasts over the next decade. Summary: Real estate growth in Manchester consistently outstrips average forecasts for the UK property market Property prices in the city grew by 34% in the three years to July 2017, against the national average of 30% Manchester’s [...]
Over half of UK investors no longer view property as a good investment, according to a new survey commissioned by Rathbone Investment Management. The introduction of an extra stamp duty levy as well as new regulations by the Prudential Regulation Authority affecting landlords has led to many investors re-evaluating property as an investment, according to [...]
Costs for hiring bankers, accountants and lawyers from outside Britain will soar after Brexit and threaten London's standing as a global financial centre unless the immigration system is urgently reformed, a report said on Monday. The report from TheCityUK, which promotes Britain as a financial centre, and consultancy EY, said that attracting and retaining the [...]
Three-quarters of a million Brits now live in EU countries outside of the UK and Ireland, and more than a third of these have chosen Spain as their home away from home. The latest figures from the Office for National Statistics (ONS) have found that Spain is still the main destination for British citizens living abroad, particularly [...]
The number of million pound homes sold in the UK soared by 73% in a decade while two regions in the north of England experienced ‘exceptional’ growth in this market last year. House price data from Lloyds Bank Private Banking revealed in 2017 the market for homes worth £1 million or more grew by 5% [...]
It is obvious to all investors that there are clearly issues with attempting to build a property portfolio with £50,000, says Haaris Ahmed, founder of property crowdfunding platform UOWN. “When buying an investment property the average amount required for a mortgage is 25%, and using the average for UK houses prices, this equates to £60,000 [...]
House prices across England and Wales rose a bit more quickly this month after touching a seven-month low in March but they are still expected slow this year, reflecting weak economic growth and possibly higher interest rates, mortgage lender Nationwide said. House prices rose 2.6% in the year to April compared with a rise of 2.1% [...]
The British government and senior finance executives said they are increasingly confident Europe will offer financial companies generous market access after Brexit, boosting London’s hopes of retaining its status as a top global financial centre. Since Britain voted to leave the EU 22 months ago, some of the world’s most powerful finance companies in London [...]