News

Renters' Reform Bill Scheduled for Parliamentary Introduction This Week

The Renters' Reform Bill, which aims to protect renters from unjust rent hikes and prohibit no-fault evictions, will be presented to Parliament this week. The bill is expected to establish minimum housing standards, make it easier for tenants to own...

Homeowners Set New Mortgage Overpayment Record

In an effort to counteract increasing mortgage rates, homeowners are making an unprecedented number of mortgage overpayments to minimise their debt. In the last quarter of 2022, homeowners made a record £6.7 billion in mortgage overpayments, surpassing...

Record Prices for First-Time Buyers

This month, the average property price entering the market has increased by only 0.2% (equating to £890), a lower growth compared to the typical 1.2% seen during this time of year. The cautious pricing approach is suggested to attract Spring buyers....

An increase in property sales signals for a recovering property market

The UK property market has shown promising signs of a recovering market, driven by steadying mortgage rates and a 65% increase in the number of homes for sale compared to last year. According to industry reports, buyers have returned to the market, with...

Buy-to-Let Mortgage Market Reaches Pre-Mini-Budget Levels!

The buy-to-let mortgage market is experiencing a surge in activity, as the number of deals available to landlords reaches its highest level since before the mini-Budget. Financial information group, Moneyfacts.co.uk, reports that a total of 2,400 different...

Navigating the UK Housing Market: Insights, Trends, and Tips for Buyers and Sellers

If you're a homeowner or potential homebuyer, you're likely keeping a close eye on the UK housing market. And with good reason - the market has been in flux over the last year, thanks in large part to the pandemic. So what's happening with house prices...