Energy Efficient Homes Are Holding Their Value In The Recent Market Slowdown
Energy efficient homes have always been an attractive choice for home buyers, but they have become increasingly popular in recent years, especially now, as the cost of energy continues to rise. In the current challenging market conditions, energy efficient...
First-Time Buyer Numbers Hit Second Highest Level in 14 Years!
In 2022, over half of all homes purchased with a mortgage were bought by first-time buyers. The number of first-time buyers was the second highest in the past 14 years, reaching an estimated 370,000 people. In 2021, the pandemic and stamp duty holiday...
New Year, New Start, with property prices seeing a bigger than usual upward bounce!
After two months of consecutive falls on property prices, the average new asking price has risen again by 0.9% (+£3,301) for the month of January 2023! This is the biggest increase seen at this time since 2020. The average asking price is still...
How Can A Slower Housing Market Benefit First-Time Buyers?
With a slower housing market, this may help first-time buyers to take the opportunity to jump onto the property ladder. With the surge in property prices since the pandemic at a temporary slowdown, it’s causing the property market to balance...
How will the rental market shape up in 2023?
Will rents keep on rising at the current rate? Will more homes become available for renters next year? Our rental market analysis will guide you to how we see the rental market shaping up next year! Over the last year, rents have risen over 12.1%...
The Bank of England has raised UK interest rates to their highest level for 14 years !
It increased them to 3.5% from 3%, marking the ninth time in a row it has hiked interest rates. The rise will mean higher mortgage payments for some homeowners and those with loans at a time when many people are struggling with the cost of living. It...
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