Latest News
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Bank of England Under Pressure to Cut Interest Rates as ECB Takes the Plunge
Could cheaper mortgages be on the horizon? The European Central Bank (ECB) has shocked markets by cutting interest rates, sparking hopes that the Bank of England (BoE) will follow suit. The ECB has slashed its key deposit rate to 3.75%, moving faster than both the BoE and the Federal Reserve in loosening monetary policy. What’s…
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Escape the Cornish Property Boom – Where To Find A Bargain!
Forget the pricey coastal hotspots – if you’re dreaming of a Cornish home but don’t want to break the bank, then you need to steer clear of the likes of Padstow and St Ives! We’ve got the lowdown on the areas where you can snag a bargain, thanks to new data from the Land Registry.…
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Bellway – Housebuilders’ Prices Up, Homes Selling Fast
It seems the UK housing market is finally starting to recover, and some housebuilders are cashing in! Bellway, has just announced that it’s expecting to rake in even more cash this year than they thought. They’re now predicting their average home sale will hit a whopping £305,000, a big jump from their previous estimate. That’s…
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House Prices in the West Midlands – Is It Time to Buy?
The property market in the West Midlands is still showing signs of life, even as house prices across the UK are starting to wobble. New figures from Halifax show that the average house price in the West Midlands is now £252,745, a small 0.8% increase compared to this time last year. While that might not…
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Kent House Prices Soar – But Don’t Blame Inflation!
Homes in Kent are being snapped up faster than ever, with some areas seeing prices skyrocket! But hold on – it’s not just inflation at play here. We’re talking about house prices soaring WAY beyond what you’d expect, even with the cost of living going up. Leading the pack is Tonbridge and Malling, where homes…
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London Rent Rise Grinds to a Halt
While rents in the capital are still up by 3.7% compared to this time last year, that’s a big drop from the whopping 13% increase we saw back then. In fact, over the past three months, rents have actually gone down by 0.3%. Why the sudden change? Well, it seems like soaring mortgage rates aren’t putting everyone…
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London Mansions Selling Like Hotcakes as Super-Rich Bag Property Bargains!
The allure of London’s high-end property continues to grow in 2024, with a rise in the purchase of properties valued at over £10 million. This year has seen an impressive 9.1% increase in sales of these luxurious homes, according to a recent report from Coutts. Despite a general 3.9% dip in Prime London property prices…
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Slowing Rent Hikes: What’s Ahead for UK Rental Market in 2024?
The UK rental market is poised for a significant shift in 2024. After years of rapidly climbing rents, a new report from Zoopla forecasts a slowdown to just 5% growth this year. This change is largely attributed to evolving demand and affordability concerns, rather than an increase in housing supply, which remains a crucial issue…
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Homes Stay Steady, Prices Dip Slightly – Halifax
The housing market in the UK is holding its breath, with prices barely budging in May, according to the latest figures from Halifax. While it might sound scary, a small dip in prices isn’t necessarily bad news. It just means that the market is taking a breather after a bit of a rollercoaster ride. The…
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Ivy – Is Your Pretty Plant Devaluing Your House?
That creeping ivy on your house might look lovely, but it could be silently wreaking havoc on your home! Property experts are warning homeowners about the hidden dangers of this common plant, and how it can end up costing you a fortune in repairs. While ivy adds a touch of charm, it’s a bit of a…