NEWS IN BRIEF

5 08 2014

  • A study of house buying trends by E.On reveals that on average house hunters now visit eight properties and take up to 16 weeks before making an offer on their ideal home. June one in 14 homeowners (7%) would have been happy to make an offer on the first property that they viewed.
  • Precise Mortgages has lifted the maximum age limit on its BTL mortgage range from 75 to 85 and has made pension income allowable as the sole income source.
  • Fergus and Judith Wilson, Britain’s biggest BTL landlords are selling their entire portfolio of nearly 1,000 homes in the Ashford and Maidstone area in a deal that is likely to net the business duo at least £100m.
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