Tag Archives: london
Passing on full interest rate cut would make UK homes more affordable, research points out
First time buyers in London could save up to £518 a year on mortgage payments and up to £244 in England and Wales, if the latest rate cut was passed in fully by lenders, new research has found. A full transfer of the Bank of England’s 0.25% rate cut would bring the mortgage rate down […] The post Passing on full interest rate cut would make UK homes more affordable, research points out appeared first on PropertyWire . Continue reading →
Best rental yields for buy to let landlords are in north east of England
Blackburn in the north west of England has been named the top area for greatest rental yield growth for residential landlords in the UK, followed by Carlisle, also in the north west of the country. Average rental yields in the town increased from 4.13% to 5.69%, an increase of 37.8% and it is also the […] The post Best rental yields for buy to let landlords are in north east of England appeared first on PropertyWire . Continue reading →
Moving out of London could save 60% or £450,000 on cost of average home
People working in London could save themselves almost £450,000 or 60% on the cost of a home if they moved to live outside of the city and commute daily for an hour each way, according to new research. The study shows that average house prices drop by 60% from £741,919 in central London to £294,903 […] The post Moving out of London could save 60% or £450,000 on cost of average home appeared first on PropertyWire . Continue reading →
