Property market Brexit effect is simply short-term blip, say analysts

ANALYSTS have rejected fears that moves by several UK property funds to suspend dealing could signal a wider market meltdown. On Monday, Standard Life blocked investors from withdrawing money out of its £2.9billion UK Real Estate Fund after a rush for the exits, and yesterday Aviva and M&G followed suit with their property funds. The[…]

Lenders to slash buy-to-let rates and bump up how much they’ll lend to landlords.

  A stamp duty hike hangover and fears that Britain would vote to abandon the European Union have pushed lenders to slash buy-to-let rates and bump up how much they’ll lend to landlords. Santander, Nationwide, Aldermore, Pepper Home Loans, Precise Mortgages and Nottingham Building Society have all dropped their buy-to-let rates or raised their maximum[…]

Landlords borrowing more to buy houses than first time buyers…..Invest in buy to let!

  Landlords borrowed more to buy houses in the first three months of this year than first-time buyers, the first time this has happened since the financial crisis. Buy-to-let investors’ (BTL) new purchases accounted for 21pc of all loans in the first quarter, compared with 16.9pc for first-time buyers, according to the Bank of England.[…]

Property prices are continuing to soar – and it’s not just because of stamp duty

There’s yet more evidence that the government’s stamp duty changes forced house prices up in March – but experts are warning that a chronic undersupply of housing will continue to push prices up overall.  UK house prices increased by nine per cent in the year to March 2016, up from 7.6 per cent in the year to[…]