Latest News
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Fake Lawns Could Depreciate Your Property Value By £2K
The British love affair with gardens is taking a modern twist with the increasing popularity of artificial grass. While it promises low maintenance and a perpetually green appearance, this synthetic alternative is stirring controversy. Property experts warn that choosing artificial turf could potentially reduce your home’s market value by as much as £2,000. A shift…
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Rocketing Rents Surpass Salary Increases
The cost of renting a home in England has climbed significantly faster than average salaries in the past decade, placing increased financial pressure on renters across the country. A comprehensive analysis conducted by Zero Deposit provides a clear picture of the widening gap between rents and earnings, showing a growing affordability crisis in the housing…
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House Selling Times See Dramatic Shifts in Some Areas
Recent data indicates that the time required to sell a house nationwide has marginally decreased. Over the past year, the average duration from listing a property to completing its sale has nudged down from 241 days to 240 days—a minor reduction of 0.7%. This figure, at a glance, suggests stability in the national market. However,…
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YBS’ Simplified Property Valuations Could Save Landlords Time and Money
YBS Commercial has recently unveiled enhancements to its buy-to-let valuation processes, aiming to streamline the experience for portfolio landlords. This move is specifically designed to save time and reduce costs for those managing up to four properties with borrowing needs not exceeding £3 million. Under the new system, YBS Commercial now offers shorter, simpler valuations…
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Teaming Up to Buy a Home? What You Need to Know
Ben Thompson, deputy CEO at Mortgage Advice Bureau, has shared crucial insights for those considering purchasing a home with someone else. The traditional image of buying a home with a romantic partner is evolving. Recent research indicates that due to the economic pressures of the last few years, over half (52%) of potential homebuyers are…
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Delayed Dreams – Many First-Time Home Buyers Now Aiming for Ownership in Their 40s
For many aspiring homeowners in the UK, the dream of owning their first home is being pushed further into the future. According to recent research by Nationwide Building Society, a significant number of first-time buyers now expect they won’t be able to step onto the property ladder until they are in their 40s. This finding…
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Home Renovation – Costs and Tips for Your Next Big Project
Are you thinking about giving your home a fresh new look or adding some extra space? Home renovations can breathe new life into your space, increase property value, and enhance your living experience. Here’s an overview of some of the most common home renovations, including what to expect in terms of costs, benefits, and how…
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Dubai’s Luxury Housing Market Continues to Attract Global Billionaires
In the first quarter of the year, Dubai has seen an increase in the sales of high-end homes, with properties worth $10 million or more experiencing a 6% rise compared to the same period last year. This rise underscores the continuing allure of Dubai as a hotspot for the international ultra-rich. A report released by…
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How to Deal With the Challenging Housing Market – A Veteran Reporter’s Guide
Understanding how to go about purchasing a home, particularly in a tricky market, is more crucial than ever. With over two decades of experience covering property, Inews’ property expert has witnessed numerous fluctuations in the housing market. The last two years, however, have presented some of the most challenging conditions for prospective home buyers. The…
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Mortgage News – A Mix of Rate Cuts and Hikes
Homeowners and buyers are facing a mix of opportunities and challenges in the mortgage market. Recent announcements from major banks show a shift in mortgage rates, with some institutions cutting rates to attract customers, while others increase fees, adjusting to market conditions. Here’s a breakdown of the latest changes and what they could mean for…