This week has seen some of the biggest mortgage lenders in the UK slash their interest rates even further, with HSBC offering new sub -1% mortgages and their lowest ever remortgage rates. It’s a good time to borrow money to buy an investment property.
Considering the overall prospect of investing in property, several factors contribute to the positive outlook. Sustained property price growth, housing shortages and concerns over the number of properties available to rent all add to the potential found in certain stand out investment hotspots.
Applying our knowledge and experience to the current market conditions, we’ve conducted thorough research on locations and vetted suitable developments in prime investment areas – get in touch to learn more.
Here’s what we’ve seen in the news this week:
House Prices Across The Globe Are Rising At The Fastest Rate Seen Since The First Quarter Of 2005: That’s according to the latest global house price index from Knight Frank, which tracks house price movements across 55 countries and territories. It found that in the year to June 2021, prices grew by an average of 9.2 per cent. Read more.
Number Of New Home Buyers Soars As The Market Continues To Grow: The number of people seeking to buy a new home has soared in a sign that the housing market remains buoyant as the stamp duty holiday comes to an end. Read more.
How Landlords Can Save Money On Their Properties: Buy-to-let Tax Loopholes And Tips: The Telegraph share how to turn the stamp duty holiday into a permanent income tax break. Read more.
Agents Concerned About Lettings Stock As More Landlords Sell-up: Lettings agents have highlighted a lack of stock as their main concern, research claims. The latest State of the Lettings Industry report from Goodlord and Vouch has revealed that a third of agents are worried about a lack of listings. Read more.