Our Blog
Mortgage sales down 39%
According to Equifax Touchstone, the mortgage lending total in July was 39% down on the same month a year ago. The stamp duty hike in April certainly has had some bearing on this. [...]
Top 3 University Towns
Yields of more than 10% are still obtainable in certain university towns in the England, according to the Telegraph. Given all the tax changes implemented and coming, investors are looking for higher yields to try [...]
Buy-to-let sales 28.6% down
June buy-to-let sales were 28.6% lower year-on-year but still rose by 3% from the month before to reach £2.7bn, Equifax Touchstone analysis shows. We know there was a significant jump in sales in the run-up [...]
Not just mortgage interest impacted
On the government website two days ago, details around the restriction of claiming tax relief, were revealed. For those of you that had hoped Philip Hammond would halt and rethink this change, you may be [...]
60% Deposit
Yields are critical A couple of months ago, we saw the introduction of the 145% rental cover, instead of the 125% we have been accustomed to for years. In it's simplest form, this meant that [...]
Osborne has resigned!
Will the tide start to turn in favour of landlords and their tenants? Could we see the end of the "turnover" tax being proposed? George Osborne has implemented a number of tax changes already impacting [...]
Brexit : Pros and Cons for the Property Market
Your views on pros and cons going forward for the property market: Pros Interest rates could come down which would mean cheaper mortgages for those on tracker rates almost immediately and further reduction in mortgages [...]
Limited Company Trends
Some stats around limited company mortgages: Number of buy-to-let applications for limited companies grew to 30% in H2 2016 vs 18% for the same period the year before Amount borrowed for limited companies grew to 30% [...]
0% Interest Rate
There have been various reports over the past week that the Bank of England could reduce rates down to 0.25% or even 0% in a bid to avoid financial collapse. The FTSE has actually recovered [...]
Buy-to-let stamp duty loophole
Buy-to-let stamp duty loophole As most of you are no doubt aware, stamp duty on second or more residential purchases now incurs an additional 3%. To get around this buy-to-let landlords are looking at semi-commercial and [...]