{"id":6101433,"date":"2024-07-01T07:00:05","date_gmt":"2024-07-01T06:00:05","guid":{"rendered":"http:\/\/www.buyassociationgroup.com\/en-gb\/?p=6101433"},"modified":"2024-07-09T17:14:30","modified_gmt":"2024-07-09T16:14:30","slug":"the-7am-cut-8","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-gb\/news\/the-7am-cut-8\/","title":{"rendered":"The 7am Cut"},"content":{"rendered":"
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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, register today.<\/a><\/strong><\/p>\n

In the news this week: three big banks reduce mortgage rates ahead of the election; UK economy grew more than first estimated in early 2024 and; what’s happening to UK mortgage rates?…<\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n

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UK rental demand will only increase as population rises, says expert<\/strong><\/h2>\n

“Property investors and buy-to-let landlords have reported swelling demand in the UK rental space in the majority of regions across the country. There has also been a rise in the number of tenants staying put for longer rather than entering the competitive race for a new rental home, creating more stability in the sector”…<\/p>\n

\u2060<\/p>\n

–\u00a0Eleanor Harvey, BuyAssociation<\/strong><\/em><\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Three big banks slash mortgage rates ahead of election<\/strong><\/h2>\n

“Three of the UK\u2019s biggest lenders have cut their fixed mortgage rates in the past week in anticipation of interest rate cuts after the election.<\/p>\n

HSBC has followed Barclays and NatWest to become the latest lender to bring down home loan costs, and more are expected to follow”…<\/p>\n

\u2060<\/p>\n

–\u00a0Fran Ivens, The Telegraph<\/em><\/strong><\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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UK economy grew more than first estimated in early 2024<\/strong><\/h2>\n

“The economy grew by more than initially estimated in the first three months of 2024 as the UK emerged from recession, revised official figures show.<\/p>\n

Between January and March, the economy grew by 0.7% the Office for National Statistics (ONS) said.<\/p>\n

Figures released last month initially estimated growth had been 0.6%”…<\/p>\n

\u2060<\/p>\n

–\u00a0<\/em>Michael Race, BBC News<\/em><\/strong><\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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What\u2019s happening to UK mortgage rates?<\/strong><\/h2>\n

“Mortgage rates remain high but major lenders have started reducing pricing in anticipation of interest rate cuts in the coming months.<\/p>\n

It comes as mortgage rates have been on the rise since earlier this year. Average mortgage rates on two- and five-year fixed-rate deals crept up by 0.02% in May, according to Moneyfacts. In April, rates rose by 0.1%, in March they increased by about 0.04%, while in February average rates ticked up by 0.18%”…<\/p>\n

\u2060<\/p>\n

– \u00a0Henry Sandercock, MoneyWeek<\/em><\/strong><\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Liverpool’s long awaited Isle of Man ferry terminal opens for business<\/strong><\/h2>\n

“At long last the first passengers boarded a vessel from the long-awaited transport hub yesterday, which offers a strategic route to and from Liverpool”…<\/p>\n

\u2060<\/p>\n

–\u00a0<\/em>Rory Sheehan, Place North West<\/em><\/strong><\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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Hollywood theme park in Bedford promises \u00a350bn boost to Britain<\/strong><\/h2>\n

“A new Hollywood theme park near Bedford would deliver a \u00a350bn boost to the economy, Universal has claimed.<\/p>\n

The US film studio has outlined plans for its first theme park in Europe after buying a 480-acre plot of land in Bedfordshire”…<\/p>\n

\u2060<\/p>\n

–\u00a0<\/em>James Warrington; Daniel Woolfson, The Telegraph\u00a0<\/em><\/strong><\/p>\n<\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n
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BuyAssociation is an established voice in the UK property industry. As well as producing our own content and daily property articles, we curate a newsletter each week highlighting the week\u2019s top headlines for UK property news articles, stories and reports. Stay ahead of the market and join over 30,000 of the world\u2019s most informed property investors by registering<\/a> today!<\/strong><\/p>\n

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The 7am Cut – 1\/7\/2024<\/strong><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

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, register today. In the news this week: three big banks reduce mortgage rates ahead of the election; UK economy grew more than first estimated in early 2024 and; what’s happening… Read more »<\/a><\/p>\n","protected":false},"author":4212,"featured_media":6101437,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[716,59],"tags":[],"class_list":["post-6101433","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-7am-cut","category-trending-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/6101433","targetHints":{"allow":["GET"]}}],"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=6101433"}],"version-history":[{"count":5,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/6101433\/revisions"}],"predecessor-version":[{"id":6101588,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/6101433\/revisions\/6101588"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media\/6101437"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media?parent=6101433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/categories?post=6101433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/tags?post=6101433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}