What is the best type of property investment in Leeds? The most significant property investment in Leeds ultimately comes down to profit. Still, there are other considerations, such as the tenants you want and why you buy the property. HMO Many investors choose an HMO or a house in multiple occupations, which can be very…
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House prices dropped by 0.1 per cent in February, according to Halifax. The prices increased by 5.2 per cent on an annual basis with the average house price coming to £251,697. However, on a quarterly basis, this equates to a 0.5 per cent change. Russell Galley, managing director at the Halifax, said: “The government’s decision…
Leeds Building Society has launched two new fixed-rate holiday let products as the post-lockdown holiday market creates more opportunities for investors. The lender experienced its biggest-ever month for holiday let purchase applications in September 2020. Leeds BS aniticipates that due to ongoing pandemic uncertainty, Britons will holiday in the UK this year. Thus, keeping the…
What is remortgaging? Remortgaging is basically the process of changing your existing mortgage supplier and switching to another mortgage product from a different provider. Almost a third of all home loans made in the UK are actually remortgages. There are many advantages to remortgaging your property. When is the good to remortgaging? The purpose of…