Increasing numbers of people are sacrificing their savings pot to pay for the day-to-day running of life.
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63% of property investors polled by Handelsbanken have indicated that they will purchase residential flats in the next twelve months.
The £3.5m refurbishment facility is secured against the listed property in South Kensington.
The lender has further developed its residential offering with 1-year fixed rate and lifetime tracker mortgages.
The top-of-the-ladder sector is still leading price growth, with average prices up by 1.3% compared with last year.
The specialist buy-to-let lender has also reduced stress rate calculations on its two-year fixed-rate products.
The lender has announced new two-year fixed and tracker products, following its recent launch of new lower stress testing.
Across Great Britain, there are 28% more rental homes on the market than last year
Today’s first-time homebuyers are paying far more than their parents did, according to new research from My Home Move Conveyancing.
The lender also announced that it has cut rates and added lower LTV options following feedback from brokers.
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