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Estate & Letting Agents, Leicester
- Nov 7th 2023
Urgent Reforms Needed to Address Court Delays Affecting Landlords
In a significant call to the Ministry of Justice, the National Residential Landlords Association (NRLA) is advocating for critical reforms to address the lengthy court delays currently impeding landlords' ability to repossess properties. With some cases ... more
- Nov 2nd 2023
Bank of England Holds Firm on Interest Rates Amid Economic Uncertainty
In a move that speaks volumes about the current state of the UK economy, the Bank of England has opted to keep its base interest rate steady at 5.25%. This decision, coming at a time of significant economic flux, underscores a cautious yet vigilant stance ... more
- Oct 23rd 2023
Have interest rates peaked?
The recent decision to maintain the Bank of England's base interest rate at 5.25% has brought a halt to a string of 14 consecutive rate increases that began back in December 2021. With better-than-expected inflation figures, revealing a slowdown to 6.7% ... more
- Oct 3rd 2023
Major Changes Coming to EPC Ratings: What You Need to Know
Energy Performance Certificates (EPCs) play a crucial role in property transactions, whether you're renting or selling. The government's talk of further EPC rating changes has sparked discussions across the nation. Here's what you should be ... more
- Sep 28th 2023
Buyer Confidence on the Rise as Bank Rate Remains Stable
Buyers are making a welcome return to the housing market, thanks to the recent pause in bank rate hikes, according to recent data. The prospect of lower mortgage rates has ignited buyer confidence, with estate agents reporting a 12% increase in enquiries ... more
- Sep 21st 2023
Understanding the Recent Dip in Inflation: A Closer Look at the Numbers
Inflation, the relentless force that affects our daily lives, recently made headlines as it dipped slightly in August. The Consumer Prices Index (CPI) reported that inflation fell to 6.7% in the 12 months leading up to August, a small decline from the ... more
- Sep 21st 2023
Bank of England Keeps Interest Rates Unchanged Amid Unexpected Slowdown in Inflation
In a surprising turn of events, the Bank of England has decided to keep the UK interest rates steady at 5.25%. This announcement comes on the heels of recent figures that revealed an unexpected slowdown in UK price rises during the month of August. The ... more
- Sep 19th 2023
What is happening to the rental market in September 2023?
In the ever-evolving landscape of the UK rental market, the persisting theme is one of rising rents. This report provides a comprehensive overview of the current state of the UK rental market as of September 2023. Rental growth trends have seen rents ... more