Spring Statement: Government’s Housing Plans Unveiled
Chancellor Rachel Reeves’ Spring Statement focused on economic updates rather than major tax or spending changes. On housing, she emphasised bold planning reforms aimed at boosting housebuilding to its highest level in 40 years. Key takeaways:🏡 170,000 extra homes by 2029/30 – a 30% rise from current levels.🏡 1.5 million new homes targeted this Parliament.🏡 […]
Market Update – March 2025
The property market in Cirencester and the surrounding Cotswold towns continues to face significant challenges as we move further into 2025. A combination of economic factors, including inflation, interest rates, and shifting buyer priorities, has created a slower and more selective market. The Impact of Inflation & Interest Rates Despite some improvements in economic stability, […]
What to Do When Your Property Isn’t Selling – The Importance of a Price Reduction
In today’s challenging property market, many sellers find themselves in a frustrating position: their home has been on the market for weeks, perhaps even months, with little interest or no offers. If your property isn’t selling, it’s important to take a strategic approach and consider your next steps—one of which may be a price reduction. […]
Thinking About Moving This Spring? Here’s Why Now is the Perfect Time to Plan Your Move
As the days start to get longer and the property market gears up for a busy spring, now is the ideal time for homeowners considering a move. Whether you’re upsizing, downsizing, or simply looking for a change of scenery, preparing early can give you the best chance of a successful sale. Why Spring is the […]
Bank of England keeps Base Rate at 4.5%
The BoE’s Monetary Policy Committee has decided to hold its base rate at 4.5%, citing global trade changes led by the US and a sluggish UK economy. The Bank of England has today held its base rate at 4.5% just a month after cutting it by 0.25%. This latest decision comes as global political jitters […]
Many Sellers Unhappy with Estate Agent Valuations Despite Rising House Prices according to Zoopla
House prices may be on the rise, but a significant number of sellers have expressed dissatisfaction with their estate agent’s valuation. A Zoopla survey of 1,005 people who sold or had a property valued in the past three years found that 13% felt their property was valued lower than expected—by an average of £46,866. Several […]
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? […]
