Blog Archives

Experts from rental platform Ocasa, are warning that in as little as a years’ time, rental rates could rise by as much as a whopping £800 per year for most tenants. Even though the rental market in the UK is somewhat back on track following the covid pandemic and the […]

Figures released from HMRC show house sales across the UK have seen a decline of more than one third in March, when compared with March 2021. Records show 11,650 home sales for residential properties took place in March, equating to a drop of 35.7% since March 2021. However this also […]

As the average cost of a home in the UK continues to rise, homeowners are reaping the benefits of the additional equity in their properties and finding financing options are more readily available to them than they were before. Nationwide Building Society has released data showing a 14.3% rise in […]

With inflation spiralling and the cost of living on the increase, banks and mortgage lenders have responded by tightening the application process and putting more emphasis on affordability testing. April saw banks, such as Santander, increasing its lending criteria with stringent new affordability parameters. Other banks, such as HSBC, Lloyds […]

Over the past five years the housing market in Britain has seen many changes prompting a warning to brokers that they need to adapt and rethink the way they do things. The impact of Brexit, followed closely by the Covid pandemic, and now the spiralling cost of living, on the […]

According to figures revealed by Zoopla, the number of homes for sale in March has seen an increase, giving fresh hope to the many UK residents trying to buy property. Data shows that the average house price has risen by 8.1% in the year to February, prompting some homeowners to […]

The Office of National Statistics has released figures this week showing that house prices in the UK slowed in the year up to January 2022 but also revealed that the average price of a house showed an increase of around £2,000 per month over twelve months. In the year to […]

With the continuing imbalance in demand and supply of homes available for sale, the competition among buyers to secure a property is pushing up average home prices across the UK. According to the House Price Forecast February report, released by Reallymoving, we can expect to see an increase of 5.5% […]

With the effects of the pandemic all but over, the property development sector is seeing rapid growth as the property market gains in strength. Experts are expressing that we can expect to see a boom in new home developments with investors optimising current market opportunities available to them. Last year […]

According to a report from Rightmove, average house prices in Great Britain have hit a historical high of £350,000 this month. The month has seen a 1.7% increase in prices when compared to February, with the average asking price hitting £354,564, up a huge increase of £5760 in monetary terms. […]