Nationwide offer 0% to their mortgage customers

Nationwide offer 0% to their mortgage customers

Nationwide Building Society has raised the borrowing limit on their Green Additional Borrowing product to £20,000 with 0% interest. The aim is to encourage homeowners to invest in the energy efficiency of their homes in the effort to ‘green’ the...
Rental Yields reach a 10 year high – report

Rental Yields reach a 10 year high – report

News  In Paragon Bank’s recent Q1 2024 Private Rental Sector report, it all points to rental yields rising. The research, recently refreshed for the first quarter of this year, show that on average yields have risen from 5.2% to 6.1%. Whilst landlords are...
News – Are interest rates falling quickly and will they continue?

News – Are interest rates falling quickly and will they continue?

News Alongside the recent BoE interest cut to 5%, the first cut in 5 years, house prices are forecasted to rise by 2.5% in the second half of this year according to Savills.  Their Head of Residential Research, Lucian Cook said of the recent flurry of movement in the...
News – Sales of landlord-owned properties rise

News – Sales of landlord-owned properties rise

News Sales of buy-to-let, or second homes in the UK has jumped 34% in the past 6 years, according to Savills data. They have also gained access to the yet to be published official data on Capital Gains Tax receipts. They found that the sales of these properties now...
Furnished holiday lets – latest update

Furnished holiday lets – latest update

The time to claim capital allowances on your FHL is now As predicted, the government is still going ahead with their plans to remove the tax advantages that current furnished holiday let owners enjoy. The proposed revisions include: applying the finance cost...