Latest News
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Interest Rate Cut Sparks House Hunter Activity – Prices to Rise 1%
The Bank of England’s decision to slash interest rates has caused a surge of activity in the property market. For the first time in four years, the Bank of England cut interest rates, making mortgages cheaper and giving hope to aspiring homeowners. Estate agents are buzzing with activity as buyers, spurred on by these lower…
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Mortgage Rate Drop – Fixed-Rate Prices Fall
Average two and five-year fixed-rate mortgages have fallen by 0.4% this week, Moneyfacts reports. This means cheaper monthly repayments are now up for grabs! Despite more sub-4% fixed deals hitting the market, the average rate across all loan-to-value (LTV) ratios for two, three, and five-year fixed-rate mortgages remains above 5%. Big Banks Slash Rates This…
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Landlords Are Buying More Houses Than They’re Selling
The property market is hot right now, and guess who’s cashing in? Landlords! New research shows that more landlords are snapping up rental properties than ever before. A recent study by the TDS Charitable Foundation surveyed over 2,000 landlords and found 19% of them bought new properties in the last year. In comparison, only 13%…
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TSB Slashes Mortgage Rates by Up to 0.35%
TSB has cut rates across a range of its fixed-rate mortgages, including deals for first-time buyers, home movers and those remortgaging. Here are the key changes: First-time buyers and home movers Remortgaging Affordable Housing: TSB has also cut rates on selected affordable housing products by as much as 0.35%. All of the new rates are…
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Brighton & Hove House Prices Holding Strong
Brighton house prices are weathering the storm better than most, with a monthly jump defying the national trend! Despite a dip in the market over the past year, June saw a promising 2.3% jump in house prices in Brighton and Hove. This bucks the trend across the South East, which saw a more modest 1%…
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Watford House Prices Buck the Trend with June Increase
House prices in the Watford area are defying the regional slowdown, with the average price jumping by a healthy 3.3% in June. This means the average Watford property is now worth £393,023, up from £387,277 in May. That’s £5,746 added to the value of your home in just one month! Local Growth Outpaces the East…
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Milton Keynes House Prices Keep Climbing This Summer
Good news for Milton Keynes homeowners – house prices are still on the rise! But first-time buyers will need deep pockets as prices climb higher than the UK average. According to the latest Land Registry figures, the average house price in Milton Keynes hit £313,892 in June. That’s a decent 0.8% jump from May! Milton…
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Bradford House Prices Still Soaring!
Yorkshire city sees biggest annual price rise in the region – but first-time buyers face paying HUGE sums Good news for Bradford homeowners – property prices in your area are booming! The average house price in Bradford hit £181,016 in June. That’s according to the latest official figures from the Land Registry. This jump in…
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Londoners Priced Out, Fuel Southend House Price Rises
Southend’s house prices are soaring, with experts pointing the finger at Londoners escaping the capital for a breath of fresh air. Forget the Big Smoke, it seems Southend is the place to be! New figures for June show house prices in the seaside city are going through the roof, even outpacing the rest of the…
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Rent Crisis – Saving for a Mortgage ‘Impossible’ as Rent Eats Up Wages
Soaring rents are making it nearly impossible for tenants to save for a home, with some renters forking out over 80% of their wages just to keep a roof over their heads. New research from PropTech firm Canopy has revealed the extent of the UK’s rental crisis, with many struggling to afford basic living expenses…