Friday News#085 – 27th of November 2020
Activity levels remain high as we enter the final few days of the second UK wide lockdown, Christmas is less than a month away and all indications point to there being no slowdown in the market whatsoever.
If you’re planning for future investment, diversifying or scaling your portfolio we have access to new opportunities that could be a perfect fit.
Here’s what we’ve seen in the news this week:
Housing market set for busiest Christmas in more than a decade: The property market is set to have its busiest pre-Christmas run-up in more than a decade, as buyers rush to complete before the stamp duty holiday ends in March. Read more from The Telegraph.
Latest data reveals the best UK city for BTL investment: Newly released research from Aldemore has revealed which areas of the UK landlords should be investing in after analysing data from 50 cities and shows that, despite the ongoing pandemic, there are still plenty of solid investment opportunities around. Read more.
Property industry left disappointed as chancellor fails to extend stamp duty holiday: Estate agents, surveyors and solicitors were among those hoping that the chancellor would extend the deadline beyond 31 March to help stimulate the housing market next year. Read more.
Return to normal market in April may allow more rate competition: A drop off in activity in the second quarter of 2021 should not be feared and may benefit lenders, brokers and borrowers. Read more.
Looking to scale your portfolio? Here’s some top tips for seasoned investors – TD’s senior portfolio manager, Francis Ribeiro, featured in the press this week. Read the article.
Our solicitor partner Lockings Solicitors has been voted 4th best solicitor in the UK out of over 11,000 firms. Read more.