Home Finance – In the news
Home >
All >
Home Finance – In the news
Holiday lets bounce back
In the early weeks of this year, 173 more mortgage options were on the market for holiday let borrowers than in October 20221, and a broad range of fixed and variable options remain available now. After the September ‘mini-budget’, the range plummeted to only 26 lenders, but investors’ appetites have picked up as ‘staycations’ remain a popular holiday choice.
Hard resell for new builds
One in eight new-build homes are being resold at a loss, figures show2, with flats making up more than four-fifths of these loss-making sales. The average new-build property lost 7.8% (£22,000) of its value, with the typical sale taking place after 8.8 years. New builds are often sold at a premium, which can mean prices fall back to market rate when resold.
1Moneyfacts, 2023
2Hamptons, 2023
It is important to take professional advice before making any decision relating to your personal finances. Information within this document is based on our current understanding and can be subject to change without notice and the accuracy and completeness of the information cannot be guaranteed. It does not provide individual tailored investment advice and is for guidance only. Some rules may vary in different parts of the UK. We cannot assume legal liability for any errors or omissions it might contain. Levels and bases of, and reliefs from, taxation are those currently applying or proposed and are subject to change; their value depends on the individual circumstances of the investor. No part of this document may be reproduced in any manner without prior permission.
The value of investments can go down as well as up and you may not get back the full amount you invested. The past is not a guide to future performance and past performance may not necessarily be repeated. If you withdraw from an investment in the early years, you may not get back the full amount you invested. Changes in the rates of exchange may have an adverse effect on the value or price of an investment in sterling terms if it is denominated in a foreign currency.
Information is based on our understanding of taxation legislation and regulations. Any levels and bases of, and reliefs from, taxation are subject to change.
Tax treatment is based on individual circumstances and may be subject to change in the future.
Other Insights of interest
7th October, 2025
Economic Review – September
Inflation stays at 18-month high Data released last month by the Office for National Statistics…
Read full insight
7th October, 2025
Is ‘financial independence’ a better option than retirement?
Retirement used to mean the end of working life, but that’s definitely no longer the…
Read full insight
1st October, 2025
Gen X stash the cash
Nearly two in three Brits born between 1965 and 1980 hold ‘significant’ savings in cash,…
Read full insight
1st October, 2025
A closer look at the ‘nearshoring’ trend
The pandemic, raised geopolitical tensions and supply chain shocks, have all forced companies to rethink…
Read full insight