Estate & Letting Agents, Leicester
As of February 2024, the UK's monthly average rent has climbed to £1,220, marking an 8.3% increase over the past year. London leads with the highest average rent at £2,119, whereas the North East offers the most affordability at £695 ... more
In the lead-up to the 2024 general election, the spotlight is on how new governmental measures can assist first-time home buyers. This article delves into the challenges these buyers face and evaluates the potential solutions currently under discussion. Essential ... more
As we venture into 2024, the housing market is showing signs of a gentle recovery, with an increase in buyer activity and a stabilisation of house prices. Key Observations for 2024 The start of 2024 has witnessed a positive shift in the housing ... more
The Bank of England's recent decision to maintain the interest rate at 5.25% marks a significant moment in the current economic landscape. This decision, while expected, comes with an undercurrent of anticipation for a potential shift in monetary policy ... more
As we look towards 2024, the housing market presents a landscape shaped by the challenges and adaptations of the past year. Despite rising mortgage and interest rates impacting affordability, the market has maintained better-than-expected stability in ... more
As the UK rental market wraps up 2023, emerging trends and data suggest significant shifts on the horizon for 2024. With rental prices nearing their peak affordability and a noticeable decline in demand, the rental landscape is poised for notable changes. Key ... more
In a recent development within the UK housing sector, the Bank of England has reported a three-month high in the number of mortgage approvals for house purchases. This uptick in approvals, observed in the latest Bank figures, reveals a total of 47,383 ... more
The Autumn Statement 2023 brings several key updates for the UK housing market, including the extension of the 95% mortgage guarantee scheme, a significant investment in new home development, and enhanced support for renters. Highlights of the Housing ... more
The UK housing market is constantly evolving, and as of November 2023, certain property types are emerging as front runners in the race to sell. This analysis delves into the specific types and sizes of properties that are finding buyers most rapidly, ... more