Older buy-to-let borrowers are being encouraged
More lenders are seeing the benefits of supporting older investors in buy-to-let properties. Santander has recently joined others in increasing the maximum age for its buy-to-let mortgages from 75 to 85 years and making changes to its affordability calculator. The aim is to open the market to more potential older investors. Borrowers aged 65 can now […]
More build-to-rent homes are needed
Investment in build-to rent homes could be one of the solutions to adult children having to live with their parents for longer. Research from Civitas, Institute for the Study of Civil Society, shows a million more sons and daughters in the UK are living with their parents than there were two decades ago. The report reveals that […]
Healthy and happy
Norwich has come second in a nationwide survey looking at the healthiest places to live in the UK. The East Anglian city, which regularly tops national lists of the best and happiest places to live once, was one of 30 cities to be considered. Insurance company Protectivity carried out the research, taking a variety of lifestyle factors, health […]
More growth for private rented sector
An estimated 595,517 new private rented sector (PRS) households are expected to be seen in the UK within the next five years. According to recent research carried out by Knight Frank, this will take the total proportion of those renting privately up to 22 per cent up from the 20.6 per cent it is today. The Multihousing […]
Increase in of build-to-rent homes
The total number of build-to-rent homes under construction across the UK has increased by nearly 40 percent, according to the British Property Federation (BPF). Research carried out for the organisation by Savills shows there are now 139,508 new high-quality, professionally-managed homes built for renters in the UK. Of these, 29,416 are complete, 43,374 under construction […]
Eastern Promise
The east of the country saw the fastest growth in rents last year, according to Your Move’s rental tracker. Prices in the region led the way across England and Wales in 2017, with the average monthly rent increasing by 3.3 per cent in 12 months to reach £893. In the year to the end of […]