Tag: Brighton
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First-time buyers! Bag a house without paying ANY stamp duty – but hurry, the clock is ticking!
Could you get on the property ladder without paying thousands of pounds in stamp duty? Yes, but you need to act fast! New research from estate agents Lomond reveals 66% of homes for sale in England are priced under £425,000 – meaning first-time buyers (FTBs) like YOU could dodge that hefty tax bill. Right now,…
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Interest Rate Cut Sparks Rental Property Rise
The recent interest rate cut by the Bank of England has brought a sigh of relief to tenants. According to a new analysis by Zero Deposit, the number of available rental properties in 15 major UK cities has increased dramatically. Edinburgh and Glasgow Lead the Charge The analysis looked at the total number of available…
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Eastbourne is an Upcoming Seaside Property Hotspot
Forget battling sky-high prices in Brighton – Eastbourne is the place to be for beach lovers hunting a property bargain. You could snap up a semi-detached home in desirable Willingdon for an average of £339,620, or £294,337 in charming Hailsham. Compare that to Brighton’s eye-watering average of £518,569 for the same type of property, and…
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Rental Growth Slows, But Don’t Expect a Price Crash
Zoopla has revealed that rental growth has slowed to its lowest level in over two years. But, while rents aren’t rising as fast as they were, they’re still on the up. The average UK rent is now a hefty £1,232 per month, a £66 increase compared to last year. But the rate of growth is…
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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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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…
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Yorkshire Hottest for Property Investors as House Prices Soar
Forget London and Manchester, it’s Yorkshire stealing the show for property investors! Since December 2021, when the Bank of England started raising interest rates, the average UK house price has risen by a respectable 7%, reaching £288,120. However, some cities are absolutely booming, and Yorkshire is leading the charge. Sheffield takes the crown, boasting a…
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UK Renters Are Struggling to Cope
New research shows that tenants across the UK are struggling to afford their rent, with many spending a huge chunk of their income just to keep a roof over their heads. This isn’t just a London problem – it’s a nationwide crisis that’s leaving many renters with little left for essentials like food and bills.…
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Bradford Buys – City Crowned Top Property Hotspot as Buyers Bag Bargain Homes
Bradford has been named the hottest spot for city property for the second time in a row, as buyers flock to snap up affordable homes. The Yorkshire city topped the charts thanks to its winning combination of budget-friendly prices and a surge in buyers priced-out of nearby Leeds. Experts say first-time buyers and savvy investors…
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Airbnb Crackdown in Brighton – Short-Term Lets Facing the Axe
Brighton landlords and investors are being warned to watch out, as the city council is considering new rules to crack down on short-term holiday lets. Families priced out The council is worried about the growing number of Airbnb properties in the city, with over 4,500 currently listed on Airbnb and Vrbo. This is driving up…