Vacant commercial properties could be seen as an opportunity for an investor to purchase and convert into residential properties in some cases. Permitted development rules make this process much more straightforward, but it’s essential to understand what these are before you get started. What is permitted development and what is […]
Every aspect of life is becoming more expensive, so it shouldn’t be a shock to learn that homebuyers face fresh challenges. Three increases in interest rates have made borrowing to buy a home more expensive, and it appears leading mortgage lenders are set to impose tighter restrictions on their lending. […]
Comparisons will inevitably be made to pre-pandemic times, and for the mortgage market, there is positive news. In January 2022, there were 74,000 mortgage approvals, according to data from the Bank of England (BOE). In February 2020, the last “normal” month before the first lockdown, there were 66,700 mortgage approvals.