The end of the interest-only mortgages could be in sight as banks and building societies attempt to repair their balance sheets and prevent future crises. The Popularity Of Interest Only Mortgages An estimated one million British home owners are on interest-only mortgage deals, saving them thousands of pounds in payments each year but storing up [...]

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It can be a distressing moment to lose the house you have set your heart on, not just because you have already envisaged your new life there, but because you may lose money if you have already retained the services of a conveyancing solicitor and/or surveyor. So what do you do if the property chain [...]

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Proposals from Lord Turner at the FSA for tighter credit controls on bank lending for property buyers would be “treating the symptom rather than the disease,” according to Richard Jones of the Residential Landlords Association (RLA). While Lord Turner argued in a recent speech that credit controls are necessary to stamp out speculative bubbles and [...]

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London House Prices – The Lowdown! The low pound, political instability in many countries around the world and the attractions of English public schooling have combined to keep prime London house prices bubbling, according to a new report. Added to this, financial and professional services companies have embarked on a hiring spree, further stimulating demand [...]

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I would like to apologise on behalf of TheAdvisory, both to Zoopla, and to our readers. We have recently stated that private house sellers could gain access to Zoopla advertising, by advertising on partner sites Ebay, Gumtree and Google Maps. But it turns out the sources which gave us this information were misinformed as to [...]

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The collapse in new housing construction in the UK over the past couple of years, along with the tightening mortgage market, has now sent rent levels soaring, according to the latest figures.  Flats in particular are now letting at 3.3 per cent higher rents than at the beginning of 2010. Latest Rent figures from the [...]

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News has reached TheAdvisory that Paragon – the biggest buy-to-let lender in the UK before the credit crunch – has started to make loans to landlords once again. Using a pot of £200 million supplied by Australian bank Macquarie, Paragon’s buy-to-let arm says that it aims to lend £1 billion a year and has already [...]

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