Latest News
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House Prices on the Rise – UK Property Market Poised for Recovery
The UK’s property market is on the brink of a promising upturn following a temporary slowdown, according to a recent report from specialist lender Atelier. This development comes as welcome news to homeowners and investors alike, heralding a period of financial growth and market stability. In the report titled ‘Past performance points to future potential’,…
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Homeowner Rights Dampened in New Leasehold Reforms
Michael Gove, the Secretary of State for Levelling Up, is facing criticism for new legislative changes that allegedly dilute the rights of leaseholders in the UK. The Tory party’s latest leasehold bill, which was a significant pledge in their manifesto, has officially passed in Parliament as of last Friday. The bill was intended to bolster…
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London Property Market Springs into Action
As we tentatively step into summer, albeit with unpredictable weather, London’s property market is showing promising signs of revival after a sluggish start to the year. The early months of 2024 may have dampened spirits with persistent rain and subdued market sentiment, but things are looking up. Speaking to The Telegraph, Peter Wetherell of Wetherell…
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UK Tenants Feel the Pinch as Rent Prices Rise
In the past year, UK tenants have faced a steep 9.1% hike in rent prices, with those in London and Scotland experiencing even sharper increases. This increase in rents underscores a growing trend across the nation, making housing affordability a pressing concern for many. Londoners and Scots are bearing the brunt of these rental increases.…
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Foundation Home Loans Reduces Mortgage Rates for Landlords
Foundation Home Loans has announced rate cuts across its range of buy-to-let mortgages, alongside tweaks to some residential mortgage rates, to bolster its product offerings for a wider range of borrowers. Foundation Home Loans, a firm that deals exclusively with intermediaries, has launched a revamped array of mortgage products, notably slashing rates for both portfolio…
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Virgin Money Revamps Mortgage Offers
Virgin Money has announced significant updates to its mortgage products, impacting a variety of customers, from first-time buyers to seasoned landlords. The changes include rate adjustments and the introduction of new deals designed to cater to different housing needs. Here’s everything you need to know about the latest updates from Virgin Money, set to take…
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Zoopla Housing Market Update – More Choices, Steady Prices
The latest report from property portal Zoopla reveals a significant shift in the UK housing market. For the first time in eight years, the supply of homes for sale has surged, reaching levels not seen since before the pandemic. As of April, the average estate agent’s portfolio includes 31 properties, marking a 20% increase from…
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Hidden Home Hazards That Could Cost You a Fortune
Searching for a new home can be an exhilarating journey filled with dreams of the future. However, amidst the excitement, it’s crucial to stay vigilant about potential property pitfalls that could turn your new home into a financial nightmare. Home insurance expert Anna Thunstrom from Saga shares essential advice for both renters and buyers to…
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Smaller Homes on the Rise as Interest Rates Climb
Recent analysis from Yopa, an online housing agency, has shed light on the evolving preferences of homebuyers in England amidst soaring interest rates. As borrowing costs rise, an intriguing trend has emerged: buyers are increasingly opting for smaller, more affordable properties. This shift marks a significant change from the previous trend of seeking larger, more…
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Boost Your Home’s Value by £55K with Simple Eco Upgrades
Enhancing your home’s energy efficiency isn’t just good for the planet—it could also pump up your property’s value by as much as £55,000. As we head towards summer, many Brits are seizing the chance to make their homes more sustainable, aiming not only to trim down energy bills but also to boost their property’s market…