News: August 2016

SALES NEWS: A new country park set to make Exeter still more desirable

15/08/16

Exeter is famous as a green city with substantial open space, plenty of tree-lined streets, a range of well-maintained parks and easy access to vast areas of Dartmoor. Now, that reputation is to be helped by the creation of a brand new 18 acre country park. This will be on the eastern edge of the city close to the M5 and is a ‘planning gain’ in return…

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LETTINGS NEWS: Home ownership ambitions remain strong – even amongst renters

01/08/16

The desire for people to own their homes remains strong – even amongst those who are currently renting because they cannot afford to buy. A YouGov survey of over 1,000 renters conducted for the Council of Mortgage Lenders reveals that 80 per cent of private tenants would like to be adults within 10 years. The result is similar to previous surveys over the past 30 years, showing…

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SALES NEWS: Key indicator shows that buy to let sector is in rude health

01/08/16

Mortgage arrears owed by buy to let landlords are expected to fall to their lowest-ever recorded level by the end of this year. Although not widely known outside of the industry, landlords’ arrears are seen as a key indicator of the strength of the market. Keystone Mortgages, a specialist buy to let lender, monitors the lettings sector in a regular ‘health check’ by assessing lending figures from…

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