London Property has always been king of the comeback
The pandemic made people realise their 5 year plan early. To move out and gain more space. People assumed life had changed forever post Covid. In reality the new norm isn’t that different from before. Meaning some may realise they moved before their time. The assumption the office is a prehistoric
UK Property Transactions Falter with the Withdrawal of the Stamp Duty Holiday
This week, HM Revenue & Customs figures showed a drop of 63 per cent in property transactions in comparison to the month of June. You don’t have to wear a deerstalker to know that this is related to the stamp duty holiday drawing to a close. From July 1st the
Make hay while the sun shines and remortgage
In the absence of the X factor this year, UK banks have decided to compete for your mortgage vote before inflation lines close. Who will win the 40% deposit cheapest rate? You decide. If you are in the fortunate position of having 40% + equity in your home, now couldn’t be
Where will UK house prices settle?
UK house prices are reacting to the swing of the pandemic pendulum. The stamp duty holiday, low mortgage rates and lack of supply have had a knock on effect on average house prices, causing them to increase significantly over the past year. The issue is that in the past few
Take average house prices with a pinch of salt
Headlines are designed to grab your attention so didn’t Rightmove do well this week! Before homeowners jack up their property prices it's important to understand why everyone ought to take average house prices with a pinch of salt. The press regurgitated, as I am now, their line that the average house
Why UK house prices have risen to the highest level in seven years
UK House prices have taken a quantum leap, rising 10.9pc in the past 12 months. With further rises expected over the summer. Many have attributed this to the Pandemic and the Stamp Duty Holiday but are there other factors, which have contributed to it? THE REFERENDUM In 2015 the housing market started
UK Mortgage Rates: Catch em while you can before inflation catches up
Now couldn’t be a better time to get a mortgage or remortgage. Lenders are competing for your business offering rock bottom rates on lending, making the motivation to move more appealing than the Stamp Duty Holiday! The only issue could be securing your onward purchase before these rates expire. If UK
Bidding wars in the UK
If you aren't competing, via a bidding war, on a property right now, my first thought would be, what’s wrong with it! Okay, not all UK property is sought after but whilst supply remains low and demand high, prepare to partake in a bidding war, as opposed not. Today's overheated
What caused the rise in the UK house price index in March
Buyers and sellers embroiled in bidding wars, chains and negotiations know all too well how overheated the UK property market has been over the past year. So the revelation that the average house price had gone up 1.8% since February, making the average property value in England £274,615, hardly caused
Permitted development for homeowners in 2021
What is permitted development? Permitted development enables householders or developers to implement structural changes to a freehold property without the need for planning permission from the local planning authority. When can’t you use permitted development? In some boroughs local planning authorities have suspended permitted development rights, by implementing an Article 4 Direction, meaning