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House price falls spread across UK as mortgage rates bite – Zoopla

Higher mortgage rates and cost of living pressures have caused house prices to fall in four out of five local markets in the UK, Zoopla reports.
According to its latest House Price Index, annual house price growth has slowed from +9.2% a year ago to -1…

House prices rise at slowest pace since 2008

The average asking price of a newly listed home in the UK has increased by just 0.5% (+£1,950) this month to £368,231, according to the latest data from Rightmove.
This is the smallest monthly rise for this time of year since 2008

Fleet Mortgages cut rates on all BTL five-year fixes

Fleet Mortgages has announced a significant reduction in rates for all five-year fixed-rate products across its three core ranges: standard, limited company, and HMO/multi-unit block.
The buy to let specialist lender says the move is expected to benef…

UK house prices fall 0.5% but are 17% higher than before pandemic

House prices in the UK have fallen by 0.5% over the last 12 months and are on track to be 2-3% lower by the year-end, according to the latest house price index from Zoopla.
However, the average house is still 17% more expensive than before the start of…

Three more BTL lenders reduce product rates

Buy to let landlords wanting cheaper BTL mortgage products are seeing rates being reduced as three more lenders are now offering cheaper products.
The Mortgage Works (TMW) has unveiled rate reductions of up to 0.5% on selected new business products

Soaring mortgage rates see cash buyers gain an advantage

Cash buyers are taking advantage of their stronger negotiating position over their mortgage-reliant investors because they can secure prices lower than those financed through mortgages, research reveals.
Octane Capital sees the trend is now becoming ap…

Housing market shows signs of ‘green roots’

As Spring approaches, one organisation says that the housing market is showing signs of ‘green roots’.
The Guild of Property Professionals says that despite the continuing cost-of-living crisis, other economic factors are improving and any …

Remortgaging landlords hit with high rates after failing affordability tests

Up to one in three buy-to-let landlords are struggling to remortgage after failing their lender’s affordability test, a BTL mortgage broker has revealed.
The research from Mortgages for Business shows that some buy-to-let investors are being forc…

Landlords are selling up because of ridiculous tax policies that are bleeding us dry!

Hello, How long does the government think this situation is sustainable for? Squeezing landlords dry with increased taxes and high BTL mortgage interest rates!
I have personally, for the past 4 years, accepted that I was only just breaking even with my…

Paragon unveils 5-year fixes and re-prices SVR

Paragon Bank has announced the launch of four 5-year fixed rate buy-to-let mortgages, featuring reduced rates and fees, alongside the re-pricing of its Standard Variable Rate (SVR).
The specialist lender is replacing four of its 5-year fixed rate mortg…

Paragon unveils 5-year fixes and re-prices SVR

Paragon Bank has announced the launch of four 5-year fixed rate buy-to-let mortgages, featuring reduced rates and fees, alongside the re-pricing of its Standard Variable Rate (SVR).
The specialist lender is replacing four of its 5-year fixed rate mortg…

Landbay reduces rates across all five-year fixes

The specialist buy-to-let lender Landbay has revealed that it has reduced the rates on all of its five-year fixed rate mortgages by up to 0.30% and added two new products to its variable fee range.
Paul Brett, Landbay’s managing director

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