Will mortgage rates go down in 2024? This is the question when you’re looking to buy or re-mortgage that is often front of mind and regularly asked. Mortgage rates are not expected to fall further this year, but rising wages are likely to improve affordability for buyers as house prices hold. Mortgage rates expected to […]
Are affordable mortgages back? Read More »
Lets just skip to it, but read on for more details, the most popular home improvements are; Electric heater Log burner Radiator thermostat Smart thermostat Solar panels Air fryer Alternative ways to save money at home How much can you save UK homeowners have looking to find money-saving products and techniques to cope with the
The Most Popular Ways To Save Energy Read More »
Seller search interest for high street estate agents has dropped, while there has been a significant increase in searches for ‘cheap fee agents’, new research shows. Study notes a spike of 53% increase in searches over the past 12 months for ‘cheap estate agent’ Searches for ‘high street estate agent’ fell by 45% ‘Best estate
A quarter of homebuyers have attempted to bribe sellers with everything from cash to kindness when trying to secure a property, research suggests.A survey of more than 1,000 homebuyers by online agent Yopa has found that while such an approach may be “morally reprehensible,” 89% of those who attempted to sweeten the deal said their
One in four buyers “bribe” sellers to secure a sale Read More »
We find an increasing amount of home buyers returning to the market, with more sellers putting their home back on in February 2024 after the quieter winter months of December and January. Buyers and sellers are returning to the housing market in growing numbers, boosting sales across the UK London is leading the way in
Demand for homes is up 11% in 2024 Read More »
The Bank Rate has remained unchanged for the fourth time in a row since it was raised from 5% to 5.25% in August 2023. Rate cuts aren’t expected until later in the year but mortgage costs have still been falling. The Bank Rate remained at 5.25% today, despite hopes it would come down Inflation has
How the housing market is affected by inflation, interest rates and global events Read More »
First-time buyers accounted for more than 50% of home loans in 2023, with over 60% on joint mortgages to secure a home. Two out of three first-time buyers had joint mortgages in 2023 at 63%. The average deposit paid was £53,414 – 19% of the purchase price In 2023 Inverclyde in Scotland has been the
Have you considered getting on the property ladder with a friend? Read More »
2024 has begun well for the housing market, with buyer demand up 12% year-on-year and the number of sales agreed climbing 13%. Last year’s rising mortgage rates saw many buyers delay moving, but with rates dropping below 5% in January, more began returning to the market. Demand is definitely up, but it’s still 13% below
House prices begin to stabilise as more sales are agreed Read More »
With the UK governments focus on de-carbonising homes and the many funded schemes available, scams have also become more commonplace with contractors adding extra costs. Your agent should be aware of potential risks and help educate clients and tenants to be on the lookout for common scams. The council does not pay for these installations
Looking to make some government funded home improvements? Read More »
Rightmove predicts that landlords will have to “balance priorities” to get rent prices right over the next 12 months. Advertised lets are being reduced by up to 25% The average tenant spends 50% of their income on rent There is a limit to tenant affordability, with other costs factored in Landlords are still looking for
Are rents being overpriced in 2024? Read More »
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