Peter

Data in April suggests that we are still in a strong sellers’ market for homes. On average properties are spending only 33 days on the compared to the pre-pandemic market in 2019 where they stood for an average of 67 days.

The typical first-time buyer must now put down an average deposit of £45,569, representing a 54% jump in comparison to first-time buyer deposits ten years ago. This includes a 40% increase in the last five years alone. Options currently available to first-time buyers These large increases in deposit sizes are primarily down to the surging …

First Time Buyer Deposits Soar Over the Past Decade Read More »

Both mortgage holders and current house hunters will be impacted by the Bank of England’s March decision to further raise the interest rate to 0.75%. The decision was made in attempt to tackle rising inflation in the UK – but what exactly does this mean for your mortgage, and is it still a good time …

Rising Interest Rates and UK Mortgages – Is it a Good Time to Buy or Sell? Read More »

Earlier this year, the National Trading Standards (NTS) announced changes to rules regarding the material information that estate agents are expected to include in listings through property portals. The first of these changes will come fully into effect at the end of May, but what are they, and what do they mean for you? What …

Changes to Material Information Rules and What it Means for You Read More »