Why Home Buyers Should Secure Their Next Move This Autumn
If you’re planning to move, now is the time to act. With higher stamp duty thresholds currently in place, buyers can make significant savings by purchasing a home before April 1, 2025. At the moment, home movers don’t have to pay any stamp duty on the first £250,000 of a property. However, this threshold is […]
Mortgage rates cut for buyers with small deposits
Major lenders have introduced further mortgage rate cuts across fixed deals. Nationwide Building Society, NatWest and TSB have all lowered their mortgage products, including high loan-to-value (LTV) home loans aimed at buyers with low deposits. The latest announcements follows fresh in the wake of Barclays and TSB who cut mortgage rates earlier this week, including […]
Are you familiar with the new Renters’ Rights Bill?
Reported – Marc Da Silva The Negotiator Section 21 evictions will be banned, and renters will receive greater protections and security from eviction thanks to historic legislation announced by the government. The Renters’ Rights Bill, introduced to Parliament yesterday, will ban Section 21 evictions for new and existing tenancies, extend Awaab’s Law into the private […]
Rising buyer confidence drives up annual house prices by 4.3%
The Halifax says house prices are rising by 4.3% a year, the strongest rate for nearly two years making the average house price £292,505. It says this is, in part, due to rising confidence among home buyers thanks to easing interest rates, which in turn is increasing competition for homes and therefore higher final prices. […]
What’s happening in the Cirencester property market?
In September 2024, the Cirencester property market is showing signs of recovery, with buyer confidence returning after the recent election and a well-received interest rate cut. The combination of political stability and lower borrowing costs has started to encourage more potential buyers, especially those who had been hesitant during the uncertain months leading up to […]
EX-rental homes for sale hits record high ahead of capital gains tax changes
New data published today by Rightmove suggests that the number of former rental properties up for sale is now at its highest level on record. The property portal points to the Autumn Statement on 30 October as one potential driver of the increase, as it is mooted to include an increase to capital gains tax, […]
The Property Market in Fairford: 2024 Trends and 2025 Outlook
Fairford, a picturesque town in Gloucestershire, has become an increasingly popular destination for homebuyers seeking a blend of rural charm and modern convenience. Known for its historic architecture, scenic surroundings, and strong community spirit, Fairford has seen notable changes in its property market in 2024, with property prices rising steadily. 2024 Property Market Overview Rising […]
Interest rate cut fuels immediate upturn in UK property market
Figures from Rightmove show inquiries to estate agents since 1 August up 19% compared with a year ago Impact of the Interest Rate Cut The first Bank of England rate cut in four years has triggered an immediate upturn in the UK property market, as cheaper mortgages prompt interest among buyers and drive up house prices. Figures […]
Tetbury Property Market Report: Post-BOE Interest Rate Cut.
Market Overview The Tetbury property market has shown signs of improvement following the recent interest rate cut by the Bank of England (BOE). The reduction in rates has provided a much-needed boost to buyer confidence, particularly among first-time buyers and those looking to upgrade their current homes. This renewed interest is gradually translating into increased […]
Malmesbury Market Update.
As of August 2024, the property market in Malmesbury, Wiltshire, is navigating through a period of uncertainty, reflecting broader national trends. Like many areas, Malmesbury has seen a slowdown in sales activity, with fewer transactions occurring compared to the same time last year. Property prices have been under pressure, with many sellers opting to reduce […]