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Landlord Tax Relief | Landlord Mortgages | Mortgage Advice for Landlord | Mortgages Oxfordshire
Landlord tax relief
Landlord tax relief 1024 576 NGI Residential Mortgages

In April 2017 the Government introduced a change to tax relief on residential properties for landlords. Over the 5-years since its introduction that tax relief has gradually been decreased and in 6th April 2020 it will be restricted to a level where the relief is the same as the basic rate of tax. The following…

But To Let Market | Advice on Buy To Let in Oxfordshire | Buy to Let Mortgages
Buy-to-let market is stagnant but will improve: MS Leaders
Buy-to-let market is stagnant but will improve: MS Leaders 1024 576 NGI Residential Mortgages

The buy-to-let market is “stagnant and does not have enough new property being made available”, said a selection of voices at the Mortgage Strategy Leaders Forum event, adding that the future, nevertheless, looks bright. The panel, discussing ‘making buy-to-let work for your clients’ comprised of Lucy Barrett, managing director at Vantage Finance, Sarah Kelly, head…

Re-mortgage for Home Improvements | Funding for House Extension | House Extension Mortgage | Second Charge Mortgage | Home Equity Release
Re-mortgage for home improvements
Re-mortgage for home improvements 1024 576 NGI Residential Mortgages

The housing market has seen a real shift over the last few years, with people choosing to stay put and improve their existing property, rather than buy something new. From extensions to new kitchens, from garden makeovers to a new driveway, there are many ways to rejuvenate your current property to match the high finish…

Number of Property Listings Drops | Houses for Sale | Help to Move | Thames Valley Housing Market
Number of property listings plunges 10% in July
Number of property listings plunges 10% in July 1024 576 NGI Residential Mortgages

The number of new properties listed for sale in July has plunged by 10.3 per cent compared to a year ago, according to analysis by Housesimple. There were 59,710 new properties listed for sale last month, compared to 66,603 in July 2018, the estate agency found in its Property Supply Index. Across the regions, the…

Prices Grow In Prime London | Update on UK Property Market | Mortgage Advice in London | Mortgage Thames Valley
Prices grow in prime London
Prices grow in prime London 1024 576 NGI Residential Mortgages

Property prices in prime areas of London went up by 3.3 per cent overall between Q1 and Q2 of 2019, according to data collected by LonRes. “Prime central” property prices rose by 4.9 per cent and property prices in “prime fringe” increased by 1.4 per cent on a quarterly basis. However, the overall figure was…

First Time Buyers Numbers Up Across UK | Mortgage Help for First Time Buyer
First-time buyer numbers up across UK
First-time buyer numbers up across UK 1024 576 NGI Residential Mortgages

All regions of the UK saw an increase in first-time buyer activity in the first three months of the year compared to the same period last year, according to UK Finance’s latest regional trends data. Despite ongoing Brexit uncertainty, FTB numbers were up in London, Scotland, Northern Ireland and Wales. Northern Ireland saw the strongest…

Historical Interest Rates | UK Mortgage Interest Rates
Rise and fall: historical interest rates in the UK, 1979-2019
Rise and fall: historical interest rates in the UK, 1979-2019 1024 576 NGI Residential Mortgages

A timeline of key events and data relating to historical interest rates in the UK, 1979-2017. Historical antecedents  Interest rates were very stable in the UK during the 18th century, staying put at between 4 and 5 per cent. Moving into the 19th century, there was more volatility, with interest rates shifting between 4 and…

New Property | UK Property Listings | Improvement in UK Property Market | Mortgage Help Witney
New property listings rise in February: Housesimple
New property listings rise in February: Housesimple 1024 576 NGI Residential Mortgages

The number of new properties listed for sale rose in February, according to Housesimple. Data collected by the firm shows that new property listings rose by 11 per cent nationwide between January and February – from 52,207 to 57,992. In addition, the amount of new stock in London rose by 8.1 per cent in the…

Buying and Renting | Mortgage Payments | House Rental Charges
Costs between buying and renting narrowest for nine years: Halifax
Costs between buying and renting narrowest for nine years: Halifax 1024 576 NGI Residential Mortgages

The annual costs between buying and renting has shrunk to its smallest difference in nine years, according to Halifax. Data collected by the building society shows that the annual savings for a homeowner in 2018 over a renter were £366, down from £900 in 2017. The data defines housing costs as comprising mortgage repayments, maintenance,…

Buy To Let | Advice on Buy To Let Market | Mortgage Advice Oxfordshire | Buy To Let Oxford
Buy To Let product choice highest since 2007: Moneyfacts
Buy To Let product choice highest since 2007: Moneyfacts 1024 576 NGI Residential Mortgages

The number of buy to let products currently available has reached its highest level since the financial crisis, says Moneyfacts. Landlords now have the choice of 2,162 BTL mortgage products. The largest number available prior to this was in October 2007, when there were 3,305 products on the market. Within the past year there has…