{"id":6102636,"date":"2024-09-30T07:00:10","date_gmt":"2024-09-30T06:00:10","guid":{"rendered":"https:\/\/www.buyassociationgroup.com\/en-gb\/?p=6102636"},"modified":"2024-09-27T11:31:24","modified_gmt":"2024-09-27T10:31:24","slug":"the-7am-cut-21","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-gb\/news\/the-7am-cut-21\/","title":{"rendered":"The 7am Cut"},"content":{"rendered":"

The 7am Cut<\/h2>\n

BuyAssociation curates a weekly news letter of the top property news headlines \u2013 to receive your weekly round up of property news,\u00a0register today.<\/a><\/strong><\/p>\n

In the news this week<\/a>: buy-to-let mortgage rates continue to improve; house prices reach new heights; and the autumn property market bounces back…<\/p>\n

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Buy-to-let mortgage rates continue to improve for landlords<\/strong><\/h3>\n

\u201cThe UK rental market remains an extremely busy and fast-paced sector, with landlords continuing to experience extremely high demand for their properties from tenants due to a high population of renters. While major cities remain the main hub of activity, commuter towns are increasingly seeing rising demand from tenants\u201d\u2026<\/p>\n

\u2060–\u00a0Eleanor Harvey, BuyAssociation<\/em><\/strong><\/p>\n

Read the full article<\/a><\/p>\n

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UK property market sees renewed confidence as house prices reach new heights<\/strong><\/h3>\n

\u201cHalifax claims that the average cost of a home increased by 0.3% last month, therefore increasing the average property worth to \u00a3292,506. Reflecting a comeback in buyer confidence as borrowing rates relaxed, this was the highest level since August 2022. House prices rose 4.3% annually, the biggest increase since November 2022\u201d\u2026<\/p>\n

– Editorial Unit, The Up Coming<\/em><\/strong><\/p>\n

Read the full article<\/a><\/p>\n

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The big autumn property market bounce back<\/strong><\/h3>\n

\u201cTwo years since the disastrous Liz Truss mini-budget, mortgage interest rates are now consistently falling. A host of lenders are offering loans with rates below 4 per cent \u2014 in the past week alone, Barclays and Nationwide launched five-year fixes at 3.71 and 3.74 per cent respectively \u2014 tempting some buyers who have delayed that much-anticipated move into the fray\u201d\u2026<\/p>\n

–\u00a0David Byers, The Times<\/em><\/strong><\/p>\n

Read the full article<\/a><\/p>\n

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Nationwide is allowing first-time buyers to borrow as much as six times their annual salaries<\/strong><\/h3>\n

\u201cMortgages giant, the Nationwide, has revealed that it is allowing first-time buyers to borrow as much as six times their annual salaries in a move that is likely to give the housing market a substantial boost.<\/p>\n

Figures from rival Yorkshire Building Society recently showed the number of first-time buyer numbers hit a ten-year low during 2023 amidst soaring mortgage rates and the cost-of-living crisis, so Nationwide\u2019s first move in the market is expected to turn this around\u201d\u2026<\/p>\n

–\u00a0Simon Cairnes, The Negotiator<\/em><\/strong><\/p>\n

Read the full article<\/a><\/p>\n

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Debunking five \u2018myths\u2019 about Renters Rights Bill<\/strong><\/h3>\n

\u201cPreviously known as the Renters Reform Bill under the Conservative government, Labour has made a few changes to the new Renters Rights Bill before resubmitting it to Parliament. It will now move through the usual pathways before being made into law, meaning some aspects of the bill may still change\u201d\u2026<\/p>\n

–\u00a0Eleanor Harvey, BuyAssociation<\/em><\/strong><\/p>\n

Read the full article<\/a><\/p>\n

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The 7am Cut BuyAssociation curates a weekly news letter of the top property news headlines \u2013 to receive your weekly round up of property news,\u00a0register today. In the news this week: buy-to-let mortgage rates continue to improve; house prices reach new heights; and the autumn property market bounces back…   Buy-to-let mortgage rates continue to… Read more »<\/a><\/p>\n","protected":false},"author":4212,"featured_media":6102640,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[716,349,59],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/6102636"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/users\/4212"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/comments?post=6102636"}],"version-history":[{"count":3,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/6102636\/revisions"}],"predecessor-version":[{"id":6102641,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/6102636\/revisions\/6102641"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media\/6102640"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media?parent=6102636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/categories?post=6102636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/tags?post=6102636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}