Cash Home Sales Drop to Record Low
Fewer buyers are purchasing homes with cash, according to new data. As house prices have risen in recent years, the number of cash sales has dropped to a record low in the first half of 2019. In the first six months of 2009, 36% of purchases were in cash, but this has...
Smart Contracts Could Be the End of Conveyancing
Buying a house is likely to become cheaper and easier as the government agrees granting smart contracts valid in law. The move signals the end to the stranglehold lawyers and other legal professionals have over drafting contracts – with conveyancing the most...
Half of Tenants Expect to Rent a Home for Life
As Labour consign buy to let right to buy to their manifesto dustbin, the question for many landlords is what will happen to property investment in the long term. Politicians and renters seem at odds. The Tories have attacked landlords through raising taxes while...
House Prices and Buy to Let Rents Still Rising
House prices have dropped by a moderate 0.2% month-on-month, according to the latest data. Despite the fall, homes across the country are still worth a little more now than a year ago, says the Office for National Statistics. The latest monthly house price report...
Don’t Raid a Pension to Fund Buy to Let, Warns Provider
Cashing in retirement cash to fund buy to let investment is a risk that can cost landlords thousands of pounds in valuable savings, claims a pension provider. One in seven over 55s would trade their pensions for property to fund a better retirement, says research by...
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