‘Freshen-Upper’ Homes Most Popular
Almost half (49%) of prospective buyers are looking for a ‘freshen-upper’ property, according to research*. A ‘freshen-upper’ – a home that only requires small…
Housing Market 2024 – A Summary
2024 was a significant year for the UK property market; Labour’s landslide general election win ended 14 years of Conservative rule in Britain, plus…
UK Mortgage Approvals Rising
Last October, mortgage approvals exceeded expectations and reached the highest level since August 2022*. Liz Truss’ ‘mini budget’ in September 2022 caused mortgage approvals…
Affordability Pressures Ease for Buyers
Research* indicates that homebuying affordability has slightly improved in relation to income. In the summer of 2022, the house price to earnings ratio reached…
House Prices to Keep Growing in 2025
House prices are expected to stay on a positive trajectory over the course of 2025*. House prices returned to growth in 2024, with prices…
BoE Governor: 4x Rate Cuts in ’25
Bank of England (BoE) Governor Andrew Bailey is confident inflation will fade in 2025, which could mean as many as four interest rate cuts…
What’s On The Horizon for UK Mortgage Rates?
UK mortgage rates in the spotlight as economic factors suggest rates could rise again. Hopes that the Bank of England would significantly lower interest…
Stamp Duty Rates Are Going Back Up On 1 April
Have first-time buyers left it too late to pay lower Stamp Duty? It would appear so. At present, first-time buyers pay no Stamp Duty…
