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Estate & Letting Agents, Leicester
- Oct 24th 2022
House prices hold despite the slowdown in the housing market, says RICS
With the recent market turmoil, the continued increase in inflation and mortgage rate rises, the housing market has slowed down, however, property prices remain steady on hold says RICS. Although the property market has slowed down, the shortage of ... more
- Oct 11th 2022
What’s happening to house prices in Leicester?
With the recent tax cut announcements and the turmoil caused by the weakening of the pound, what’s happening to property prices in Leicester? To prevent the housing market from collapsing during the pandemic, the previous Chancellor introduced ... more
- Sep 27th 2022
How does a weaker pound affect mortgage rates?
Following Chancellor Kwasi Kwarteng’s mini-budget, where Stamp Duty cuts were announced, amongst other tax cut measures, has seen the pound's value sharply fall against the US Dollar. How does a weaker pound affect mortgage rates? Since ... more
- Sep 22nd 2022
Bank of England Raises Interest Rates to 2.25% - What does the Bank of England's rise means for you?
The Bank of England has increased the base rate by half a percentage point to 2.25% in its efforts to slow down the rise in inflation and soaring prices the economy is facing. The Bank of England Base rate has increased for the seventh time in a row, ... more
- Aug 4th 2022
The Bank of England raises interest rates to 1.75%
The Bank of England has increased rates by 0.5%, making it the most significant increase in 27 years, with the interest rates rising to 1.75% from 1.25%. The rate rise comes as an attempt by the Bank to slow down inflation, which it sees passing 13% ... more
- Jul 13th 2022
Checklist before applying for your first mortgage
With inflation on the rise and the cost of borrowing set to continue to increase, lending criteria may tighten up, especially if you are looking to apply for your first mortgage. With rental prices increasing due to the rise in property prices, the ... more
- Jul 8th 2022
Why now is the time if you are looking to sell!
According to Zoopla’s House Price Index, the housing market is showing signs of a slowdown. If you are looking to sell your home, now is a good time to do so! Zoopla’s House Price Index shows that house prices have broadly remained the same since ... more
- Jun 19th 2022
Extra Protection & Powers for Renters with the Renters Reform Bill!
The government has recently released the long-awaited Renters Reform White Paper, which is set to introduce significant changes in the private rental sector for 30 years. The government aims to set a fairer private rental sector, and with the Renters ... more
- Jun 16th 2022
The Bank of England has increased the base rate to 1.25%
The Bank of England has increased the interest rate from 1% to 1,25% in an attempt to stem the pace of soaring prices. With the rising cost of living driven by record fuel, energy and food prices, inflation is currently at a 40-year high of 9%, with ... more