Average homebuyer needs two years of earnings to cover deposit

By: ameer@trustedteam.com

The average UK homebuyer currently requires almost 26 months of net earnings in order to cover the cost of a 20% mortgage deposit. This figure climbs to over 37...

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London landlords see rental incomes soar 32.9%

By: ameer@trustedteam.com

Landlords with a property portfolio in London have seen their average annual rental income soar by 32.9% over the last 12 months, new research from Benham and Reeves reveals. By contrast,...

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Positive Lending appoints Wade as regional account manager  

By: ameer@trustedteam.com

Positive Lending has hired Graeme Wade as regional account manager for the south at the specialist packager.   ...

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Average homebuyer deposit requires two years’ earnings

By: ameer@trustedteam.com

The average UK homebuyer currently requires almost 26 months of net earnings in order to cover the cost of a 20% mortgage deposit. This figure climbs to over 37...

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Aldermore plots takeover offer for Co-operative Bank: Reports 

By: ameer@trustedteam.com

Aldermore is preparing to enter the race to takeover the Co-operative Bank, which is valued at £3.5bn.  ...

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Average BTL rental incomes in London rise by a third

By: ameer@trustedteam.com

Landlords with a property portfolio in London have seen their average annual rental income soar by 32.9% over the last 12 months, new research from Benham and Reeves reveals. ...

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Paymentshield launches DIY referral service for advisers

By: ameer@trustedteam.com

Paymentshield has launched a new online ‘DIY referral service’ for advisers. The service allows advisers to refer their clients to purchase a home insurance policy directly. It is the first time...

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Hamptons index reveals nine-year rental growth high

By: ameer@trustedteam.com

The average rate of annual rental growth on a newly let property in the UK hit 12% in August, according to the Hamptons Letting Index. This growth represents the fastest...

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Nottingham BS launches new products and reduces rates

By: ameer@trustedteam.com

Nottingham Building Society is launching of a range of new mortgage products and enhancements. The society is introducing three-year fixed residential products for first-time buyers and remortgagers at 75% LTV...

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Slow August but hope for autumn pick-up: Rightmove

By: ameer@trustedteam.com

In a subdued month, the average asking price of newly marketed properties increased a little to £366,281 (+0.4%), according to the latest Righmove house price index. While some sellers are...

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