Tag: Peterborough
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House Sales Soar as Mortgage Rates Fall
The number of homes being snapped up is rocketing, thanks to lower mortgage rates. New figures show that ‘sales subject to contract’ – where an offer has been accepted – shot up by a massive 23% in the last three months compared to the same period last year. That means 332,200 homes were in the…
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Peterborough Crowned UK’s Cheapest City for First-Time Buyers
Forget battling it out in the capital, first-time buyers looking for a bargain should set their sights on Peterborough. New research has revealed that this Cambridgeshire city offers the most affordable route onto the property ladder. While Peterborough might not be known for its good looks, it seems that what it lacks in charm, it…
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Landlords Hit with £700 Fees as More Councils Introduce Mandatory Licensing Schemes
If you’re a landlord in England, you could be facing hefty new costs. A growing number of councils are introducing ‘selective licensing’ schemes, which require landlords to pay for a special license just to rent out their properties. According to a Freedom of Information request, the average cost of these licenses is a staggering £700.…