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Estate & Letting Agents, Leicester
- Jan 3rd 2023
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 out ... more
- Dec 23rd 2022
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% ... more
- Dec 15th 2022
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 ... more
- Dec 2nd 2022
Buyers have greater choice in the housing market!
With the housing market starting to stabilise, more homes are coming up for sale, meaning there are more properties available for buyers to choose from. Good news for buyers, as they now have more choice when it comes to finding their ideal home to ... more
- Nov 16th 2022
The Bank of England predicts inflation to fall sharply next year!
The Bank of England predicts that inflation will fall sharply next year and reach below its 2% target in two years’ time, and close to zero in three years, which will lead to lower mortgage rates. But while some economists are warning that ... more
- Nov 8th 2022
How is the Buy-To-Let market shaping up for 2023?
With mortgage rates on the increase and house prices expected to fall by up to 5% in some areas, many landlords are weighing their property investments to see if they should remain in the market. Like the rest of the mortgage market, buy-to-let rates ... more
- Nov 3rd 2022
Bank of England Raises Interest Rates to 3%
The Bank of England has warned the UK is facing its longest recession since records began, as it raised interest rates by the most in 33 years. In warned the UK would face a "very challenging" two-year slump with unemployment nearly doubling by 2025. Bank ... more
- Oct 24th 2022
House prices hold despite the slowdown in the housing market, says RICS
With the recent market turmoil, the continued increase in inflation and mortgage rate rises, the housing market has slowed down, however, property prices remain steady on hold says RICS. Although the property market has slowed down, the shortage of ... more
- Oct 11th 2022
What’s happening to house prices in Leicester?
With the recent tax cut announcements and the turmoil caused by the weakening of the pound, what’s happening to property prices in Leicester? To prevent the housing market from collapsing during the pandemic, the previous Chancellor introduced ... more