Butterfield Mortgages Limited

Average UK house price hits record high. 🏡 Rising by 1.3% compared to the month before, November's house price index from Halifax shows that the average price of a property now sits at £298,083. Over the past twelve months, property prices have grown by 4.8%, with London continuing to boast the most expensive properties at an average of £545,439 – up 3.5% compared to last year. As the property market continues to show resilience, property investors and brokers can rely on the Butterfield Mortgages team to provide them with expertise catered to individual circumstances and support they need as they search for their next investment property opportunity. Read more about UK house prices below. 👇 https://lnkd.in/dudvPt57 #ButterfieldMortgages #investors #PCL #UK #property #market #propertyinvestment #London #mortgages #UKlandlords #propertymarket #houseprices

What do landlords think about the state of the Buy to Let (BTL) mortgage market? Butterfield Mortgages Limited’s new research asked 501 UK landlords for their views on the products and services currently on offer across the mortgage market. Overall, they were positive, with 69% satisfied with the number of mortgages available to BTL property investors. But landlords also said that the market is not always easy to navigate. In fact, 75% said brokers are essential in helping them find the most suitable product or lender. Our CEO, Alpa Bhakta, said: "While many landlords are satisfied with the financial products available, the fact that 31% were not impressed by the products on offer shows that there are improvements to be made. In particular, we have to raise awareness among brokers and landlords about the more tailored, flexible solutions that lenders like Butterfield Mortgages Limited could provide. As our survey shows, that three-way lender-broker-borrower relationship is so important, and we certainly pride ourselves on investing heavily on building strong, supportive relationships with clients.” Click the link below to download our special report 👇 https://lnkd.in/ez9e-8bX #ButterfieldMortgages #Investors #PCL #property #market #propertyinvestment #finance #landlords #UKlandlords #BTL

What do landlords expect interest rates to do in 2025? The sharp rise in interest rates between December 2021 and August 2023 had a major impact on the UK property market. But what comes next? Our new research revealed that the UK’s buy-to-let (BTL) landlords have a hopeful outlook on interest rates, encouraged by the recent base rate cuts and the fact that inflation is now stable and close to the Bank of England’s 2% target. The survey found that 57% of landlords were positively impacted by the recent base rate reduction, showing that the BoE’s rate cuts are having a direct benefit on the BTL market. Wendy Scott, our Senior Business Development Manager, said: "It’s great to see a shift in sentiment among buy-to-let landlords and that a more relaxed monetary environment is having the desired effect on the UK property market. With inflation seemingly steady and the Bank of England cutting the base rate, it’s clear that landlords feel we have turned a corner. This could spark new opportunities in the BTL market in the year ahead.” Click the link below to download our special report 👇 https://lnkd.in/eC77pTT5 #ButterfieldMortgages #investors #PCL #London #property #market #propertyinvestment #finance #landlords #interestrates #BankofEngland #BoE #inflation

What do landlords think about proposed buy-to-let (BTL) reforms? Reforms across the private rental sector and BTL market over the past decade have kept landlords on their toes. Our recent UK landlords’ research shows that concerns remain about further reforms. In particular, a significant majority (77%) of landlords are worried that any new tax increases, namely to Capital Gains and Inheritance Tax, could negatively affect their investments. A further 71% of landlords also stated they were concerned about the reintroduction of stricter energy efficiency standards. Stephen Murrell, our Senior Business Development Manager, said: "Our research highlights the lingering uncertainty around potential tax and regulatory reforms, which could significantly impact landlords’ BTL investments. While changes like Section 21 and EPC ratings have been expected, they still require careful planning. It’s vital that the government clarifies when and how these measures will be implemented, giving landlords suitable warning and support so they can respond accordingly. Indeed, brokers and lenders must stay informed about these developments to advise clients effectively, ensuring property investors can make well-informed decisions." Click the link below to download our special report 👇 https://lnkd.in/eC77pTT5

What are landlords’ investment plans for the year ahead? 🗓 Over recent years, there has been a great deal of speculation about the future of the UK’s buy-to-let market, and a lot of it has been unfavourable. However, Butterfield Mortgages Limited’s new survey of 501 UK landlords revealed that far more landlords (34%) have increased the size of their portfolio in the past 12 months – just 6% have reduced it. What’s more, in the coming 12 months, almost two in five (38%) landlords are planning on growing the number of properties in their BTL portfolio, compared to just 10% who plan to reduce it. Our CEO, Alpa Bhakta, said: “In spite of higher interest rates and regulatory shifts, our research clearly shows that many landlords have been and will continue to expand their portfolios. It underlines the resilience of the buy-to-let market, which consistently thrives and expands in the face of multiple economic and regulatory headwinds.” Click the link below to download our report in full 👇 https://lnkd.in/ez9e-8bX #ButterfieldMortgages #investors #PCL #UK #property #market #propertyinvestment #London #mortgages #buytolet #UKlandlords #landlords

What do landlords look for in lenders and brokers? Butterfield Mortgages Limited recently surveyed 501 UK landlords to understand the top qualities they seek in brokers and lenders. Expertise in tax and regulation emerged as the most valued quality, with 38% prioritising this in brokers and 49% in lenders. Beyond this shared priority, preferences diverged: 36% of landlords valued brokers’ ability to access bespoke financial solutions, while 45% prioritised competitive rates and fees from lenders. Radhika Madar, our Senior Relationship Manager, said: "Tax and regulation are key concerns for landlords, and our research shows how much they rely on the expertise of brokers and lenders to help them remain abreast of these topics. Beyond that, we can see they want lenders that provide exceptional service and have experience assisting clients in similar positions as them. “At Butterfield Mortgages Limited, we specialise in complex, high-net-worth cases in the Prime Central London (PCL) market, offering deep expertise and responsive communication to ensure brokers and property buyers feel confident and supported throughout the mortgage process." Click the link below to download the full report 👇 https://lnkd.in/eC77pTT5 #ButterfieldMortgages #investors #PCL #UK #property #market #propertyinvestment #London #mortgages Butterfield Mortgages Limited does not provide tax, legal or accounting advice. This article has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

Knight Frank has released its latest London New Homes Report, which provides some positive news for homeowners and investors. 🏠 The global property consultancy’s report revealed that house prices in the capital grew annually by 2% in the year ending Q3 2024. The report also found that rental prices outpaced house prices by 5% annually in Greater London in 2024. As the London property market continues to trend in an upward direction, our team is ready to support investors and brokers as they search for their next opportunity. Read more about Knight Frank’s latest report in the article below.👇 https://lnkd.in/ereaXSEa #ButterfieldMortgagesLimited #investors #PCL #UK #property #market #propertyinvestment #London #mortgages

Going into the budget, UK landlords were looking to lenders and brokers for support around tax and regulation, as revealed by our latest research. The independent survey showed that a lender's expertise in tax and regulation is the quality that almost half (49%) of landlords value the most. Although Rachel Reeves’ tax reforms last week were not as drastic as first feared, those sentiments about tax and regulatory knowledge will likely remain as property investors look to navigate the post-Budget landscape. So, as the dust settles and the property industry comes to terms with the latest changes, our expert team is ready to help investors and brokers capitalise on the opportunities that an ever-changing market can provide. To read the full findings of our research and our CEO Alpa Bhakta's thoughts about it, click the link below. 👇 https://lnkd.in/eyNFJSUB] Butterfield Mortgages Limited does not provide tax, legal or accounting advice. This article has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. #ButterfieldMortgagesLimited #investors #PCL #London #property #market #propertyinvestment #finance #landlords

So, the much-discussed Autumn Budget has finally been announced – but what does it all mean for the mortgage and property market? New chancellor Rachel Reeves delivered her first budget yesterday, announcing a raft of changes that are likely to have an impact on the state of the UK property market. A lot was announced, so it’s essential for brokers and investors to cut through the noise and pinpoint the key changes that will have the greatest impact on their portfolios. Not to worry – the article below provides some clarity around exactly what the changes were and what they mean for the months ahead. 👇 https://lnkd.in/dExsseRU As always, we are on hand to help investors navigate the post-budget landscape. #ButterfieldMortgages #investors #PCL #UK #property #market #propertyinvestment #London #mortgages #AutumnBudget #Budget #RachelReeves Butterfield Mortgages Limited does not provide tax, legal or accounting advice. This article has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

🏠 Good news for the UK housing market 🏠 According to the latest research from Savills, the UK housing market is bigger than its pre-pandemic average after purchases climbed to over £350bn in the year ending in June 🔥 Further, thanks to the increased stability in the mortgage markets, there was also a 22% increase in the amount of mortgage debt provided by lenders. As investors look to make the most of the upturn in the market, Butterfield Mortgages is ready to support clients with skilled knowledge and our bespoke offerings. Click the link below to read more about Savills latest data 👇 https://lnkd.in/egH7eBCx #ButterfieldMortgages #investors #PCL #UK #property #market #propertyinvestment #London #mortgages