Buy-to-let Market | Extraordinary News: More Change Ahead | 2018
Household growth is one factor affecting overall housing need. The number of new households in England for example is projected to grow by 159,000 per year, based on current trends.
Household growth is one factor affecting overall housing need. The number of new households in England for example is projected to grow by 159,000 per year, based on current trends.
We are now at the stage where we can start to look forward and consider what shape the market might take beyond the COVID-19 crisis. The pandemic has impacted many areas of life, particularly people’s finances – and so it is likely that it will play a part in carving out what tomorrow’s mortgage market looks like.
As awareness grows over the need to reduce carbon emissions, along with the reduction in the number of airlines operating after the Covid-19 crisis, holiday patterns are changing.
According to VisitBritain, domestic breaks already account for almost 80% of tourism in the UK, with about £72bn spent annually by ‘staycationers’ in England alone. 35 million overnight holidays were taken between July 2018 and July 2019, up 2% on the previous twelve months. Coronavirus is likely to mean that many more people will take their holidays in Britain this year, and in the years to come
The question at the front of most people’s minds at the moment is ‘what does normal look like?’ and it’s a very difficult question to answer. The scale of the impact of COVID-19 on the economy is beyond doubt, but unlike previous recessions which have been caused by some sort of structural fault or problem that has needed to be rectified, this recession has been artificially induced by the government closing down virtually the entire economy.
Buckinghamshire Building Society is proud to be a long-term supporter of retired borrowers, and offers a range of solutions designed to meet the growing needs of this expanding market.
Portfolio lenders As the implementation of new PRA rules for portfolio landlords looms just weeks away, numerous portfolio lenders have disclosed their stances on… Read More »Portfolio Lenders | The Key Changes For Landlords Uncovered | 2017
We took the opportunity to chat to Emma Green, Head of sales at Paymentshield about their latest developments to support mortgage advisers during these uncertain times.
It’s been 3 months since the start of lockdown what are the things that have impacted on Paymentshield and the home insurance market? Well, three impacts from lockdown for me would be…