Rental demand is high, but we're here to help landlords with every move they wish to make.
In a study by Mortgage Advice Bureau, close to 20% of prospective home buyers wouldn’t purchase a home that had an Energy Performance Certificate (EPC) rating of C. The same study shows 46% of prospective buyers state they would prefer to have a home with great insulation, which is higher than the 29% who would rather a large garden.
In a study by Direct Line Home Insurance, it is found first-time home buyers need to find £43,623 more today than they did in 2016 to buy their first house. This represents a 24% increase in the cost of stepping on the property ladder.
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According to a recent review, property buyers in London saved more than £1bn thanks to the stamp duty holiday. Analysis of close to 87,000 property deals in the capital, saw a figure of more than £1,01bn saved in the first wave of the stamp duty holiday.
Banks are not so keen to lend on long-term norms which has caused the approval rate to dip.
