News

Mortgage Lenders Pledge Increased Support Amidst Rising Mortgage Rates

As soaring interest rates burden homeowners, banks and building societies have pledged to provide greater flexibility to those struggling with mortgage repayments. The decision follows a meeting between banking executives and Chancellor Jeremy Hunt in...

Facing the Winds of Change: Inflation and Interest Rates

In an unexpected turn of events, core inflation has reached a staggering 31-year high this May, signalling that the Bank of England might have to adjust interest rates beyond initial projections. Contrary to expectations of economists and the Bank...

A Look into long-term mortgages, are they more costly?

Long-term mortgages are attractive due to their lower monthly payments. However, the total interest paid over the duration of the loan can amount to a staggering. Given the increasing cost of living, many homeowners and prospective buyers are considering...

Resilient Housing Market: Record High Prices and Steady Growth

As the days grow longer and the weather warms up, the housing market is experiencing its busiest season of the year. This period is marked by a surge in activity as many individuals kick-start their plans to move. During this time, new sellers often seize...

UK House Price Index: May 2023

The UK housing market is abuzz with excitement as the latest data reveals an extraordinary surge in residential property prices and market activity. Here's what you need to know about the UK House Price Index for May 2023: Prices Reach New Heights:...

The Dawn of a New Era in Rental Laws: Unveiling the Renters Reform Bill

The long-anticipated Renters Reform Bill, a legislation poised to reshape the rental landscape, has finally been published by the government. This ground-breaking legislation comes as a fulfilment of a promise first made in 2019, and its arrival could...