More than a third of UK homes have lost value in the last 6 months, wiping £85 million from the housing market. That’s 11.1 million properties that are less expensive than they were last November, each losing an average of £7,700. But UK homes are split almost equally between those gaining value (32%), those seeing […]
Market prices; the ups and downs of homes in the UK Read More »
Your UK home is contributing toward being the second-highest producer of carbon every year. New-build developers are looking to change this. New homes built from 2023 will emit 29% of the amount of carbon of the average existing property Homes built from 2025 will emit just 10% From 2025, the energy bills for a new-build
How much more energy efficient will new homes be? Read More »
Over 60% of landlords are being hit by higher mortgage rates, risking a further squeeze on the number of rental homes available. Higher mortgage rates are hitting landlords who have loan to value mortgages of 50-75% hard. And that accounts for 20-30% of landlords 51% of all landlord sales are taking place in London and
How incresed interest rates are affecting landlords and tenants rent Read More »
House price growth expected to be greater in affordable rural areas and slower in city centres, says leading economist at Office for Budget Responsibility. Remote working has permanently changed the housing market as it enables people to leave cities and live in the countryside This has lead to greater price growth in rural areas, but
How working from home is affecting house prices and rents Read More »
95% mortgages are widely available from major banks and building societies, allowing first time buyers to save 50% less to buy their own home. The mortgage guarantee scheme means you only have to save up a 5% deposit to step onto the property ladder It’s now widely offered by lenders as it’s a government-backed scheme
Have you considered the mortgage guarantee scheme? Read More »
Inflation starts to fall, however interest rates are still going up. Inflation falls below 10% for the first time since August last year but the drop was smaller than expected, suggesting interest rates have not yet peaked. Inflation has fallen below 10% for the first time since August last year but interest rates are expected
Inflation and Interest rates; what’s going on? Read More »
We’re still waiting on the bill to pass through parliament, changes may be made, however we have the initial document that is currently being reviewed. No-fault evictions are set to be banned in England after the long-awaited Renters’ Reform Bill was introduced to Parliament The bill aims to make the private rented sector safer and
The Renters Reform Bill is now published and going through parliament Read More »
There are many existing green home options, Nationwide has also launched a 0% interest loan of up to £15,000 customers who are improving the energy efficiency of their homes and have exising mortgages with them. Nationwide is offering 5,000 existing mortgage customers the opportunity to borrow up to £15,000 for green home improvements, without paying
Want to make some home improvements? 0% interest options exist Read More »
First-time buyers need to earn an extra £7.5K to step on the property ladder The rapid rise in house prices over the last three years means first-time buyers now need to earn more to buy a home. Let’s look at the options. Rising rents and a shortage of rental properties are pushing more renters to
The renters reform bill is to double the notice period for rent increases to two months, no-fault evictions to be banned and to establish minimum housing standards for rented accommodation. The renters reform bill set to protect renters from unfair rent increases and ‘no fault’ evictions has been delayed The renters reform bill, which was
The Renters Reform Bill is Delayed Read More »
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