Stamp Duty and Council Tax Reform – How these changes could effect you Many agents have been hopeful that the governments proposed overhaul of the housing tax system which is set to include an new levy to replace stamp duty and council tax. A reform of the government taxes are agreed, however the Treasury should
Property Tax Reform – Would The Government Get This Right? Read More »
The Bank of England has cut the base rate to 4%. We look at how this will impact interest rates, mortgages and home-movers. The Bank of England has cut the base rate from 4.25% to 4%, its lowest level in over 2 years. The decision is likely to improve mortgage affordability, paving the way for
Bank of England Base Rate at its Lowest in Over Two Years Read More »
Rents soar by £221 in 3 years to outpace mortgage rises Renters have seen a greater increase in housing costs since 2022 than mortgaged homeowners. Rents rise £221 in 3 years compared to the £218 rise in monthly mortgage payments The average monthly cost of renting is now £1,283 compared to £1,154 for the average
Rents Increase By Over £200 Since 2022 To Combat Mortgage Rates Read More »
Looking for property features that add value in summer? Sunny gardens to cool pools: some property features can add thousands to a home’s price tag in the summer as buyers will be willing to pay more for them when it’s hot outside. Homes with outdoor features like a south-facing garden, entertainment area and hot tub
Summer Vibes: What Buyers Will Pay More For When The Heat Is On Read More »
BBC Panorama investigates the high street and online agencies that fails to deliver their customer service promises! A sellers home was sold at a lower price than it could have sold for? There was a buyer who could have offer more for it, an undercover investigation by BBC Panorama has revealed. An agent was found
Are Traditional High Street Agents Failing Their Customers? Read More »
UK Finance has released its interest-only mortgages data for 2024 revealing a significant drop in in interest-only mortgage stock of 17% over the year. This analysis covers pure and partial interest-only homeowner mortgages as well as maturity and loan-to-value (LTV) profiles. The same review criteria also revealed a reduction by 78% in number and 61%
Insights Show A Significant Decline In Interest Only Mortgages Read More »
Agreed sales in May have reached the highest level in 4 years. With more homes for sale and modest price rises, buyers can benefit from relaxed affordability testing while sellers need to be supported with pricing advice. The number of sales agreed in the UK is at the highest level for 4 years in May
More Sales as More Homes Come to Market Read More »
In partnership with Persimmon Homes, Gen H Mortgages have launched New Build Boost mortgage scheme in an effort to make homeownership more accessible. The scheme is modelled on the previous Help to Buy scheme, with a 5% deposit and 15% added interest free for five years, how does it compare and what are the benefits?
Thinking of Buying a New Build? Here is Build Boost to Help Read More »
Looking for up-and-coming towns to move to? These are affordable towns with the most traction right now. Sutton-in-Ashfield in the East Midlands takes the top spot by region, while Barking and Dagenham is for London, Bootle takes in the North West and Plymouth in the South West Glenrothes in Scotland the most popular town for families seeking affordability
Top Ten Most Affordable Towns in the UK Read More »
70% of renters haven’t heard of the Renters’ Rights Bill and 75% don’t understand how it might impact them, a new survey has revealed. Housing Hand, a UK rental services provider, quizzed 1,700 private tenants, the majority of whom are still in the dark about the legislative changes, despite media coverage and campaigning by tenant groups.
70% of Tenants Have Never Heard of The Renters Rights Bill Read More »
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