Revenue up 7% as Rightmove squeezes more out of estate agents
Agent numbers may have remained broadly flat but the portal has still managed to extract more money from them as it boasts of ‘its proven ability to grow profits and cashflows in all market conditions’. Rightmove’s year-end results reveal that despite achieving a modest 2% increase in the number of agents using the portal it […]
🏡 Why Buyers and Tenants Should Search All Three Major Property Portals
When searching for a property to buy or rent, it’s easy to stick with the portal you’re most familiar with. However, not all estate and letting agents list their properties on all three of the UK’s major property portals—Rightmove, Zoopla, and OnTheMarket. This means that by only searching one, you could be missing out on […]
🏡 Bank of England Cuts Base Rate to 4.5% – What It Means for the Property Market
The Bank of England has announced a base rate reduction to 4.5%, marking a significant shift in monetary policy. This long-awaited cut is expected to provide much-needed relief for homeowners, buyers, and investors. 🔹 Lower Mortgage Rates?Lenders are likely to adjust their mortgage products, potentially making borrowing more affordable. Buyers who were holding off due […]
A Step-by-Step Guide to Buying a Home in Tetbury
Tetbury, nestled in the heart of the Cotswolds, is a charming market town renowned for its historic architecture, vibrant community, and proximity to stunning countryside. For those looking to buy a home in this picturesque location, this guide will walk you through the process while highlighting the benefits, costs, and practicalities involved. Why Choose Tetbury? […]
UK Property Market Update – January 2025
The 2025 property sales market has started stronger than both 2024 and 2023: Regional Trends: Market Trends: Key Figures: The market is showing positive momentum, making it an ideal time for buyers and sellers alike.
🌟 Cirencester Ranks 9th Among UK’s Most Popular Towns on Rightmove 🌟
We’re thrilled to share some exciting news for Cirencester! According to a recent report by Rightmove, our charming market town has been ranked 9th among the most popular British towns for property searches. This recognition comes as no surprise to those of us lucky enough to live and work here. Known as the Capital of […]
Upcoming Changes to Stamp Duty (From 1st April 2025)
Stamp Duty Land Tax (SDLT or Stamp Duty) is a tax payable to HM Revenue and Customs (HMRC) when buying a property or land in England and Northern Ireland. The amount of SDLT liability will depend on several factors, including (but not limited to) whether a buyer is: In September 2022, the Government announced a […]
UK Inflation Surges to 2.3% in October: The Largest Monthly Increase in Two Years
The UK inflation rate jumped to 2.3% in October, a significant rise from 1.7% in September, marking the largest monthly increase in two years. This sharp uptick highlights mounting pressures on household budgets as the cost of goods and services climbs across the board. What Is Driving the Increase? Key contributors to October’s inflation surge […]
BOE reduced base rate by 0.25% to 4.75%
In a significant move aimed at easing economic pressures, today’s base rate cut has brought interest rates down to 4.75%, sparking renewed hope among homeowners, buyers, and sellers in the Cotswolds—particularly in Cirencester. This reduction marks a welcome shift for a market that has been challenged by high borrowing costs and a cautious buyer base. […]
Chancellor says Stamp Duty hike on buy-to-let ‘justified’
Rachel Reeves increases Stamp Duty on investment property from 3% to 5% from tomorrow in the Budget. Stamp Duty on buy-to-let properties and second homes will increase from 3% to 5% from today, Chancellor Rachel Reeves (main picture) announced in her Budget. In a move that will hit landlords’ finances, Reeves said it was necessary […]
