UK Property News Recap – 24.05.2024
This week sellers flocked to market only to find buyers browsing. Confused by persistent base rate cut speculation that yo-yoed from June to August, and beyond, after inflation slowed but not at the rate hoped, buyers are taking their time to assess the stock on offer. The IMF provided
UK Property News Recap – 17.05.2024
This week played out like a game of Top Trumps, be it who was going to pay their mortgage for longer, who would do more for tenants, which country put up their interest rates the most, or who had the best legal advice when avoiding property tax. Welcome to another
UK Property News Recap – 10.05.2024
This week was centred around the impact the base rate is having. Housing targets have fallen short as developers stall delivery until borrowing is cheaper for both them and potential buyers. Hopes for an early base rate cut in May came and went, replacing new year optimism with scepticism as
UK Property News Recap – 03.05.2024
Topping and tailing this week, Zoopla and Nationwide released their house price indices. Rotten tomatoes voted Nottingham council as ‘rotten’ and Torridge ‘fresh’. Flats outshone houses, nimbys tried to stop the show, making it more costly for others to gain entry, and the lights failed due to the lack of
UK Property News Recap – 26.04.2024
This week reform needed work, Rightmove overexerted itself, affordability got stretched and first-time buyers were told something they already knew. Welcome to another UK Property News Recap - 26.04.24. The leasehold reform bill divides opinion The route to making the leasehold reform bill law is long and winding; plagued with bumps, obstacles,
UK property News Recap – 19.04.2024
This week, inflation falls short along with base rate cut expectations causing mortgage rates to increase. Legal challenges and promises are made while others are stalled. Annual and monthly data diverge while 2023 losses left the buy-to-let and construction sector reeling. Welcome to your UK property News Recap - 19.04.2024 The
UK property News Recap – 05.04.2024
This week, sellers “hop”ed for sales, first-time buyers bagged a few, Nationwide and Halifax prices melted and general approval increased. Keir Starmer promised a bigger selection, in years to come, to those who couldn’t participate in this year's property hunt as affordable and buy-to-let homes became unaffordable, hoping to secure
UK Property News Recap – 29.03.2024
This week the leasehold reform bill was picked at and spat out, MPs and Lords requesting a new serving. Lenders released their March data menu, some offering specials to first-time buyers to gain some free advertising. Transaction volumes increased…marginally….and affordability improved in some regions. Welcome to your weekly UK Property
UK Property News Recap – 22.03.2024
This week the Bank stalled for time, Gove set extra homework for Khan and sellers got over-excited while renters got relieved. Crest Nicholson got told off for submitting bad work and Banksy got excused for using up all the green paint. The cash-strapped board implemented increases to council tax, on
UK Property News Recap – 15.03.2024
This week ground rules were debated, consequences applied to empty homes, and tax incentives awarded to those repurposing land. Surveyors showed optimism, lenders pessimism while others reflected on lending and building with both concluding 2023 was a year best forgotten. Welcome to your weekly UK Property News Recap – 15.03.2024. Empty