News

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...

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...