Evening Roundup - news

New-build homes account for 8% of properties on the market

New-build homes make up just 8.1% of properties currently listed for sale across Great...

Cost of collapsed property sales rises to £258m in second quarter

Failed property transactions cost the UK housing market an estimated £257.9m during the second...

Redwood holds buy-to-let rates despite higher wholesale funding costs

Redwood Bank has kept its buy-to-let mortgage rates unchanged despite rising swap costs prompting...

Affordable student cities deliver some of the highest landlord yields

Lower-cost university locations are producing some of the strongest gross rental yields for student...

Eleos launches income protection with redundancy cover

Eleos Life has launched an income protection policy covering redundancy alongside illness and injury...

Advice firm wins first client through ChatGPT after AI visibility push

A financial advice firm secured its first client through ChatGPT within two weeks of...

Impaired credit mortgage sales rise to highest level since 2008

Mortgage lending to borrowers with impaired credit histories has climbed to levels not seen...

COMMENT

The fall in BTL company formations isn’t the whole story

It is often the case with housing and mortgage market data that the headline figure attracts most of the attention, while some of the...

Buy-to-let has matured as a market

Buy-to-let turned 30 last week, and it's a good moment for some much-needed positivity around this market. Whatever the narrative around buy-to-let has been at...

Network recruitment called. The 1970s want their strategy back

I spend a lot of my time looking at growth. What does it cost? Is it sustainable? And are we creating value, or just...

Bank Rate holds again, but November is now firmly in focus

There may well have been a collective sigh of relief across the mortgage market when the Bank of England announced another Bank Base Rate...

Buy-to-let at 30: the mortgage that changed Britain’s housing market

John Heron helped create buy-to-let when landlords had almost nowhere to turn for finance. Thirty years later, he and Paragon Bank's Louisa Sedgwick reflect...

Latest news

Octane revives specialist buy-to-let range with loans up to £15m

Octane Capital has returned to the specialist buy-to-let market with a range offering loans...

Student loan repayments squeeze first-time buyer deposit savings

More than 1.5 million young adults believe student loan repayments are making it harder...

The Exeter moves Woodley into healthcare development role

The Exeter has appointed Karen Woodley as head of healthcare development, giving her responsibility...

Landlords warn higher Budget costs could feed through to rents

Almost two-thirds of landlords say they would seek to recover higher costs through rents...

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