What is help to build? Help to Build is a new government equity loan that will be available to people in England who want to custom build or self build their own home. Who is help to build for? Custom build and self build homes are not just for people who have owned or built […]
Help to Build; the Government can assist with your dream home. Read More »
Looking to make some changes to your home? There’s some improvements you do not need to apply to the council for permission. Key takeaways Extensions can be done using permitted development rights, but most will still require building regulations approval As garage conversions are all about making use of the space you already have,
How to improve your home, without planning permission Read More »
This is not a simple question to answer, however what we can anticipate based on historical events and the latest government regulations that are being put in place, that buyers will likely have lower mortgage offers from lenders and therefore smaller budgets when putting offers on homes. The problem; Interest rates rise to a
Is The Housing Market About To Crash? Read More »
The latest move by the Bank of England to relax mortgage affordability rules should make it easier for first-time buyers to take out a mortgage. Key takeaways The Bank of England has announced plans to relax mortgage lending rules from August 1 Borrowers currently have to show they can afford repayments on their lender’s higher
Mortgage lenders to do more to help borrowers Read More »
It has recently come to everyone’s attention that energy prices were on the rise. The regulator Ofgem has announced a cap of 54% to the increase, the maximum limit has gone from £1277 to just under £2000 per year. Households in the UK will therefore see a hike in their energy bills. Some could be
Energy prices on the rise, how to offset the cost? Read More »
Landlords will no longer be able to evict renters for no reason as part of a package of measures included in the Queen’s Speech to make the rental market fairer. Key takeaways Landlords are set to be banned from evicting renters without a reason as part of a package of measures to make the private
Queen’s speech: no fault evictions to be banned Read More »
Property values rise at their fastest rate since 2007, as house price growth hits a 15-year high. Key takeaways The typical UK property has risen by 13%, since March 2020 Demand from potential buyers is 58% above the five-year average, but the supply of homes is also starting to increase, creating property hotspots A total
Value of average UK home rises by £29,000 in two years Read More »
The number of properties sold soared by 15% during the month of February, as 96,250 homes changed hands, according to HMRC. Key takeaways Almost 100,000 homes changed hands in February as the property market showed signs of an early spring bounce Home sales were 15% higher than in January but 20% lower than in
Nearly 100,000 homes change hands in February Read More »
Nearly two million homeowners will see their mortgage repayments increase after the Bank Rate was hiked for the third time in four months. Key takeaways The Bank of England has increased interest rates for the third time in four months The Bank Rate has risen from 0.5% to 0.75% The change will add around £42
Interest rates rise again Read More »
New home listings were 5% higher in January than the previous five-year average, as the flow of supply starts to increase. Key takeaways The number of properties put up for sale were 5% higher in January than the five-year average House prices rose by 7.8% in the year to the end of January, but the
House price growth shows signs of slowing as supply increases Read More »
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