Latest News
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St Helens House Prices Soar! Is it Time to Buy or Sell?
House prices in St Helens are booming, with the average price hitting a record high of £186,303 in April! That’s a jump of 2.6% in just one month, outpacing both the North West and the UK average. So, what’s behind this rise? Let’s break it down: St Helens is Outperforming the Region What Does This…
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Watford House Prices Plummet £20,000 in a Month!
Is now the time to bag a bargain in Watford? House prices in Watford have taken a tumble, dropping by a whopping £20,000 in just one month. This dramatic fall is the worst in the East of England, leaving potential buyers and sellers wondering what’s next for the local property market. Watford sees biggest annual…
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Virgin Money Mortgage Adjustments
Virgin Money has announced a mixed bag of rate changes for mortgage holders and prospective buyers. While some borrowers will be hit with increases, others will enjoy reductions on certain products. Here’s a breakdown: What’s Going Up? What’s Going Down? What does this mean for you? These changes highlight the constantly shifting situation in the…
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Rent Squeeze Pushing Tenants to the Brink – Are You Prepared?
Landlords, take note! A staggering 35% of your tenants are struggling to pay their rent. This concerning figure has jumped from 32% last year, signalling a growing affordability crisis in the private rental sector. New research by the TDS Charitable Foundation surveyed over 2,000 renters and uncovered some worrying trends: The Rent Surge: The Affordability…
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Mortgage Rate Rollercoaster Leaves Homebuyers Feeling Dizzy
Mortgage rates have been on a wild ride over the last six months, leaving those looking to buy a home or remortgage in a state of uncertainty. Despite the Bank of England keeping its base rate steady, the cost of mortgages has fluctuated significantly. This means that the interest you pay for your mortgage can…
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Fancy a Holiday Home? Euro Mortgage Rates Just Got Cheaper!
Dreaming of owning a sun-kissed villa in Spain or a cosy chalet in the French Alps? Well, bagging your dream European getaway just got easier (and cheaper!). Thanks to falling mortgage rates across the continent, British buyers are snapping up properties and locking in some seriously attractive deals. European Banks Open Doors to UK Buyers…
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Land Buying – Essential Checks Before You Build
Property is still a solid investment, even with interest rates on the rise. Buying land for development offers the chance to really make a profit, but it’s a complex game. You need to know what you’re getting into before you commit your cash. Expert Yulia Barnes wrote a step-by-step guide, on the PropertyWire website, to…
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Two Average Salaries Needed to Buy Your First Home!
First-time buyers now need a £60,600 salary to get on the property ladder – that’s two average salaries! This shocking figure comes from a new report by property website Zoopla, which analysed average asking prices for first-time buyer homes across the UK. Five years ago, you could snag your first home with a household income…
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Mortgage misery set to continue as Bank of England freezes rates AGAIN
The Bank of England has decided to keep interest rates on hold at 5.25% for the seventh time in a row, dashing the hopes of homeowners looking for a break from pricey mortgage payments. This news comes despite the fact that inflation has finally fallen back to the Bank’s target of 2%. So, what does…
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Atom Bank Slashes Mortgage Rates – Good News For Homebuyers!
Atom Bank has announced a cut to its fixed-rate mortgages, offering a glimmer of hope to homebuyers struggling with rising interest rates. The digital lender has reduced rates across its prime mortgage products by up to 0.15%, effective immediately. This means potential homeowners could save money on their monthly repayments. What are the new rates?…