News

UK House Prices Reach Two-Year High

UK house prices hit a two-year peak in August, lifted by increased confidence amongst homebuyers following a recent interest rate cut, according to the UK's largest mortgage lender. Halifax reported that property prices rose by 4.3% compared to the same...

First-Time Buyers See Monthly Mortgage Payments Drop by £150 Since Last Year

If you're thinking about buying your first home, there’s encouraging news on the mortgage front. While rates remain higher than they were a few years ago, they’ve come down significantly since peaking in July 2023. This means that monthly mortgage...

UK House Price Index: August 2024

The UK housing market is experiencing a gradual yet steady increase in prices. However, sellers must remain cautious about overpricing, as buyers are still highly sensitive to price adjustments. Key Highlights Rising Prices: In the first seven...

Housing Market Boosted by Base Rate Cut

In early August, the Bank of England made headlines with its first Base Rate cut in four years, lowering it to 5%. This move has sparked a noticeable boost in the housing market, as evidenced by Rightmove’s data, which monitors shifts in property market...

EPC Rental Target for 2030 Set to Be Missed by a Staggering 12 Years

The ambitious target to upgrade all private rental properties in the UK to an Energy Performance Certificate (EPC) rating of C or above by 2030 is likely to fall shorty a significant margin. According to recent research, it may take an additional 12 years,...

House Price Index: July 2024

The Zoopla House Price Index for July 2024 reveals key insights into the current state of the UK housing market. As the market continues to adjust to +4% mortgage rates, there is a notable increase in activity rather than a rapid growth in house prices....