As both tenants and landlords continue to face financial pressures, the arguments for and against rental increases show no sign of letting up. With the average rent in the UK now at £1,220 per month according to Zoopla – an 8.3% annual increase – the topic is back in the spotlight. The issue is also …
Today (Friday 8th March) marks 2024’s International Women’s Day. Created to both celebrate women’s achievements and raise awareness about what is needed to drive gender equality, it acts as a powerful call to action. As a signatory to the Women in Finance Charter – and with nearly 50% of our workforce female – we continue …
The annual Bridging Trends data is in and reports that a record £831 million in bridging loans were transacted in 2023 by contributors*. We’ve broken down what you need to know about the latest stats. buyers turning to bridging finance to prevent chain breaks As borrowers continued to face uncertainty in the mainstream mortgage …
The UK holiday let sector has just experienced its most successful season yet, according to AirDNA, the leading short-term rental intelligence platform. It revealed that in April 2023, demand for holiday lets in the UK finally returned to 2019 levels and as the summer approached, there was a notable increase in listings (15% compared to …
The need for speed was highlighted again in the latest Bridging Trends data which was released earlier this month. Covering 2023’s third quarter, it paints a picture of how bridging finance continues to be a powerful tool for property investors. Created and compiled by MT Finance, Bridging Trends brings together figures from several specialist finance …
Back in September, Rishi Sunak made a major announcement: he was scrapping the government’s Energy Performance Certificate (EPC) policies for landlords. These policies were set to require newly rented properties to have an EPC rating of C or above by 2025, and existing rental properties to have the same certification by 2028. This move was …
The Bank of England’s Monetary Policy Committee has made a big decision – after 14 consecutive rate rises, they have voted to keep interest rates static at 5.25%. Though the decision was split amongst investors and business leaders prior to the September meeting, the vote was passed by a slim majority of 5-4. Those who …
