Latest News
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Mortgage Rate Hike Alert
Santander, Halifax, NatWest, the Co-operative Bank, and Principality Building Society have all declared they’ll be hiking their mortgage rates this week. This comes as a bit of a shock, especially since Santander has been known for offering some of the most competitive rates on the market. For instance, Santander’s cheapest two-year fix rate will jump…
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Budget Blow or Boon for Home Seekers?
Chancellor Jeremy Hunt recently unfurled a duo of decisive policies within the latest Budget announcement, sparking widespread debate on their potential impact on the UK housing market. Aimed squarely at bolstering the availability of homes for renters and first-time buyers, these measures signal a significant shift in the government’s approach to the property sector. But…
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Big Brother is Checking Out – Airbnb to Ban Indoor Surveillance
Airbnb has declared an all-out ban on the use of surveillance cameras within its rental properties worldwide. This significant policy overhaul, slated to take effect at the end of next month, is Airbnb’s latest stride toward ensuring the privacy of its guests, amid growing concerns over indoor surveillance. Airbnb’s initiative to revise its security camera…
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Wealthy Investors Eye UK Property Market During Economic Uncertainty
According to recent findings by Investec, high net worth individuals (HNWIs)—think corporate leaders, financial wizards, and pioneering entrepreneurs—are not just holding their ground but are actually looking to deepen their roots in the UK property market. This move comes at a time when house prices are on a roller coaster, making every investment decision a…
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Buy-to-Let Investment, The Reality Behind the Passive Income Dream
Charlie Davidson, a leading residential property expert at the London law firm Bishop & Sewell, has shattered the often-celebrated myth of effortlessly earning passive income through buy-to-let properties. Contrary to the rosy pictures painted by many, Davidson’s insights reveal a more complex and demanding reality for landlords in the UK. A Closer Look at the…
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Cornwall’s Property Price Rollercoaster – What’s Up and What’s Down in 2024
The start of 2024 has brought a mix of news for those looking to buy a home in Cornwall. At the heart of Cornwall’s property market, Redruth emerges as the champion of affordability. The average home in the TR15 area, as of January this year, sold for £240,018. This figure marks the lowest average price…
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Bristol’s Housing Market Booms
Bristol, a vibrant city renowned for its prestigious universities, thriving business community, and buzzing nightlife, is witnessing a boom in its housing market. Despite the hurdles of high interest rates and inflation, the city’s property market is thriving, with sales and rental prices in the city centre climbing steadily. Recent research conducted by global property…
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Breaking into Property Development – A Beginner’s Guide to Big Returns
Property development in the UK has become an increasingly popular venture, not just for the wealthy or the audacious but also for the average investor looking to make substantial returns. The landscape of property investment has shifted, creating new opportunities for those willing to explore the world of property development. Ritchie Clapson, co-founder of propertyCEO,…
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UK House Prices Leap in February – e.surv
February brought with it a welcome surprise for many in the UK housing market, as average house prices jumped by £3,000. This 0.8% increase from January marks the most substantial rise in 17 months, as reported by e.surv, a group of chartered surveyors. This rise means that the average value of homes across the UK…
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Time’s Up for Second Home Owners? Chancellor’s Latest Move Shakes the Market
In the Spring Budget, Jeremy Hunt has introduced sweeping tax reforms aimed squarely at second home owners. With a clear intention to favour first-time buyers and alleviate the housing crisis, these changes could mark the end of the lucrative second home era. But is this really the curtain call for property investment in Britain, or…