From ‘boil to simmer’ is how house price growth has been described by one property portal, who published its latest House Price Index in July. Rightmove’s newest report chose to focus on the rate at which house prices are now rising, rather than by how much.
Selling your property? It’s time to break out the paintbrush, as decorating the outside of your home will not only improve its viewing appeal and make it look more attractive in photos, it’s likely to add value too.
Being a private landlord has been the norm in buy-to-let for many years but detrimental changes to property taxation since 2017 have led to an increasing number of landlords starting their own companies as a tax-efficient investment vehicle.
The Prime Minister’s resignation, a high-profile sacking and a raft of new appointments have given the ruling Conservative party a brand new look, and the new faces in the Government’s housing departments come at a critical time for the property industry, with a number of new rules, regulations and laws waiting to come into force.
Gardens and balconies have never been in more demand so if you have one of these aspects and are thinking of selling, you’ll already have the upper hand and should be able to command a higher sale price.
Here we discuss house prices, rental values and major changes to lettings. There’s also a new UK average house price and a new Bank of England base rate. If you want to know how any of the points affect your property plans, please get in touch.
Landlords and tenants will soon see changes to how tenancies are run, thanks to incoming legislation changes enforced by the Government. Letting agents across the country are digesting the contents of the new Fairer Private Rented Sector White Paper.
‘Self-care’ is a concept that’s gained momentum in the last two years, especially as we look to rebalance our lives after the pandemic. Although what may immediately spring to mind is a walk in the countryside or an hour-long aromatherapy massage, the self-care trend has crossed over into our homes.
Like or loathe your current home, it’s not the opinion of the seller that counts. As soon as that ‘for sale’ sign is up, all that matters is what buyers think about the property and how much they’re willing to pay to make it theirs.
We’re almost halfway through 2022 and there is time to reflect on the current property market. Although the interest rate has risen, the impact has yet to hit buyer demand, with buyer numbers still high. Estate agents participating in Propertymark’s latest study reported an average of 100 purchasers registered per branch.
Green mortgages can help landlords reduce three vital aspects – carbon emissions, fuel bills and mortgage repayments – by incentivising the purchase of the most eco-friendly homes and encouraging the upgrade of the least energy efficient rental stock.
The Department for Levelling Up, Housing & Communities is getting ready to implement its latest reforms to residential ground rent this June. We’ve answered some of the most common questions ahead of the planned changes.
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