Portway Finance

As we close out 2024, here's a comprehensive look back at the year in property finance. From key trends and house prices to what’s next for inflation, base rates, and mortgage rates, this year has been one to watch. We’ve also highlighted key lender activity and product innovations shaping the market as we head into 2025. Watch the video for the full insights and our take on what’s to come in the year ahead. Finally, a heartfelt thank you from us at Portway Finance to all our clients, partners, and lenders for your trust and collaboration this year. Here’s to a productive and successful 2025!

Season’s Greetings from Portway Finance 🎄 As we wrap up the year, we would like to take a moment to thank you for your continued trust and support. Wishing you a Merry Christmas and a Happy New Year filled with joy, success, and prosperity. Here’s to an exciting year ahead—together!

Is Die Hard a Christmas Film? We Asked the Portway Finance Team Some Christmas Questions Part 2 🎄 In this festive Part 2 of our Christmas Q&A, we asked the Portway Finance team: ✨ Do you have any Christmas traditions? 🍗 What's your favourite Christmas food? 🎥 And, of course, the ultimate debate: Is Die Hard a Christmas film? Catch their fun answers and let us know—do you think Die Hard is a Christmas film or not?

We Asked the Portway Finance Team Some Christmas Questions🎄Part 1 With Christmas just around the corner, we thought we'd get into the holiday spirit by asking the team some festive questions: ✨ What's your favourite Christmas film? 🎶 What's your favourite Christmas song? 🎁 What's the best gift you've ever received? 🎄 What's your favourite gift you've given? Check out their answers and get to know us a little better. Stay tuned for more holiday fun coming soon. What's your ultimate Christmas favourite? Let us know in the comments.

Breaking News: Bank of England Holds Interest Rates at 4.75% 🚨 In a closely watched decision, the Bank of England has chosen to maintain the base rate at 4.75%. Interestingly, the Bank “seriously considered” a rate cut in light of slowing inflation and economic uncertainty. While rates remain unchanged for now, this decision fuels anticipation for potential movements in 2025. Stay tuned as we continue to monitor the market.

Top 3 Property News Stories This Week 1️⃣ House prices set to rise 4% in 2025 as falling mortgage rates improve affordability and drive market activity. Fixed rates for two- and five-year mortgages are expected to average around 4%, creating more opportunities for buyers. https://lnkd.in/gazbQQA9 2️⃣ Panic over the April 2025 Stamp Duty deadline is driving a surge in listings of smaller properties, especially in high-priced regions like London and the South East. Sellers are eager to avoid increased charges, while buyers could benefit from mortgage rate cuts next year. https://lnkd.in/eyPKbSN8 3️⃣ Rents have risen £3,240 since 2021 for newly let homes, marking a 27% increase as demand continues to outpace supply. While growth has slowed, rental pressures are expected to persist into 2025. https://lnkd.in/eU8Bybhh What do you think these changes mean for the property market? Let us know your thoughts below.

What Are Key Legal Documents Often Overlooked by Investors? In this clip, Brinda Granthrai of JPC highlights the critical legal documents and searches that investors frequently overlook, from environmental checks to building regulations. These often-hidden issues can impact everything from planning permissions to lender finance, making them essential steps in any property transaction. Want to avoid costly surprises? Watch the video for key insights.

What an absolute pleasure to bring together a number of our clients last week to share their thoughts on all things 2024 and enjoy a specially curated festive menu at Claridge's, Mayfair. A huge thank you to those that attended.

As we continue to grow the Portway Finance team, we are delighted to welcome Matthew. His energy, diligence and curiosity are qualities we value here at Portway and we look forward to seeing him continue to learn and develop.

Can You Remortgage an Investment Property to Release Equity? Releasing equity from your property can be a smart way to fund investments or handle unexpected expenses. Did you know "Day One Refinance" could help you access funds without waiting six months? Watch the video to see why this is popular with property investors.