Truth behind the headlines

Reasons to move

Daily reports of rising mortgage rates, slower than expected falls in inflation, increased legislation and the continued rise in the cost of living are fuelling concern among homeowners, renters and landlords. There’s no denying the very real challenges being felt across the country but there is much more to consider than the headlines suggest.

In this second edition of the Lomond Quarterly Insight, we look beyond the headlines, using our extensive data and experience to provide the real picture of what’s happening across the UK’s housing market.

Those considering a move, a purchase or an investment could easily be deterred but, across our 60+ branch network, it is evident there are a wide range of mortgages available and lots of activity taking place, clearly at odds with the current headlines. Our properties under management have increased by 8% in the last three months and with more than £267 million of property sales completed, these numbers clearly demonstrate the ongoing activity levels. There will always be reasons why people need to move and in many regions there are still huge supply shortages compared to the number of buyers and renters.

Long-term opportunities

For landlords, increased costs and legislation can seem daunting. Regardless of the content of the final Renters Reform Bill, the market will adapt and respond, as it has before. We welcome compliance as it leads to increased quality and continued professionalism of the sector with opportunities for landlords prepared to take a long-term view.

In this report, we introduce our Lomond Investment Management team who are on hand to advise and support individual landlords through to large institutional investors and Build to Rent developers.