Estate & Letting Agents, Leicester
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 ... more
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, ... more
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. ... more
The new Labour government has introduced the Renters Rights Bill. What does this mean for renters and landlords? Rental Reform: A Renewed Focus The new Government is pushing for rental reform through the rebranded Renters Rights Bill, which includes ... more
The UK housing market is witnessing a surge in optimism, as surveyors and estate agents express the highest confidence in sales volumes in over two years, following the recent General Election. The latest data from the Royal Institution of Chartered Surveyors ... more
Current Housing Conditions The housing market has shown resilience despite rising borrowing costs, but the adjustment continues. Historically, mortgage rates increasing from 1% to over 5% would lead to significant drops in house prices. However, regulations ... more
House prices have shown no inflation for May 2024 but are expected to increase by 1.5% by the end of the year. Here’s the latest on the UK housing market from the Zoopla House Price Index: June 2024. Key Facts House price inflation was flat ... more
The income required to buy a home has risen in recent years. But what does that mean in real numbers? And where is the most affordable place to buy in the UK? Understanding Affordability Affordability remains one of the biggest hurdles for prospective ... more
We’ve reviewed the housing policies of the main political parties so you don’t have to. Key Points: All three parties pledge to ban no-fault evictions for renters. All three parties commit to reforming or ending the leasehold system. All ... more