Tag: East Anglia
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Rent Rises Cooling Off, Edinburgh Tenants Still Paying High Prices
Good news for landlords – rental prices are still going up, although the rental boom might be starting to lose steam. That’s according to the latest data from SpareRoom, which shows that rents rose by 4% in the year to September – the lowest increase we’ve seen so far this year. But, it’s worth noting…
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House Prices on the Rise Again – RICS
Good news for sellers – house prices are on the up across the UK for the first time in two years! This is according to the latest Royal Institution of Chartered Surveyors (RICS) UK Residential Survey, which tracks the state of the property market. Prices Climb as Buyers Return The survey revealed that prices rose…
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Landlords’ Rental Yields Hit 7.2%
Despite whispers of a slowdown, rental yields across England and Wales are holding strong at a respectable 7.2%. That’s according to the latest buy-to-let Rental Barometer from Fleet Mortgages, which reveals good news for anyone with a property portfolio. While rental yields are down slightly from the previous quarter (by just 0.4%), they’re still up…
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House Prices Up £1,815 – Nationwide
Good news and bad news for UK homeowners this month. The average house price went up by £1,815 in June, but while some parts of the country are booming, others are seeing prices fall. The Nationwide House Price Index, which tracks what’s happening in the property market, says that house prices are now 1.5% higher…
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Property Auction Boom as Buyers Bag Bargains!
The property auction market is booming with sales and profits soaring in the last month, according to the latest figures. This rise is great news for anyone looking to buy or sell property quickly, with residential and commercial properties seeing a big jump in interest. Residential properties are proving particularly popular, with 11.2% more homes…
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House Prices Stall as Buyers and Sellers Play the Waiting Game – RICS
The property market is in a stalemate, with both buyers and sellers hesitant to make a move, according to a new report. The Royal Institution of Chartered Surveyors (RICS) monthly survey reveals that the number of house sales has fallen for the third month in a row. This is because there are fewer buyers looking…
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Rental Yields Rise Across England & Wales
According to the latest data from Fleet Mortgages, the total average rental yield for England and Wales has jumped 1% to 7.6% compared to this time last year. This follows an even bigger jump from the first quarter of this year, where yields reached 7.1%. The simple reason behind this surge? High demand and limited…
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Cotswolds Crowned King of Holiday Lets
The picturesque Cotswolds region has clinched the title of the most lucrative area for holiday lets in the UK, according to a report by Sykes Holiday Cottages. This stunning area, known for its rolling hills and historic villages, has surpassed other popular destinations, offering property owners the highest average annual income for their rentals. Owners…
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Mortgage Troubles Ease Slightly, But Disparities Remain
The latest figures from Pepper Advantage, a global credit intelligence firm, reveal that the growth rate of mortgage arrears in the UK has decelerated, hitting its lowest quarterly rise since the economic tremors caused by the Mini-Budget in September 2022. In the first quarter of 2024, the arrears growth rate dipped to 3.9%, a significant…
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Heat Pumps on Display – A First-Hand Look at the Future of Home Heating
To help spark a nationwide switch from traditional gas boilers to greener alternatives, UK homeowners now have a unique chance to see electric heat pumps in action. Thanks to a new initiative led by the innovation charity Nesta, curious individuals can now book visits to the homes of early heat pump adopters via the newly…