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Estate & Letting Agents, Leicester
- 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
- Jun 3rd 2022
The average UK house price hits record highs!
In April 2022, the average UK house price hit a record high even after the property market started to stabilise, as more properties are now coming into the market. Since the pandemic, buyer demand outweighed available properties, significantly increasing ... more
- May 26th 2022
First-time buyer’s deposit soars to over £45,000!
With property prices continuing to rise over the last ten years, especially during the last two years due to the pent-up demand caused by the pandemic, first-time buyers now have to place a much larger deposit to buy their first home. On average, a ... more
- Apr 18th 2022
How to Buy a Buy-to-Let Property
Buying a Buy-to-Let property can seem like a great investment from the outset, especially when generating an additional income stream and building long-term financial security. However, the reality is that it's never been more challenging to buy a ... more
- Apr 5th 2022
Right to Rent changes coming into place
Right to Rent is a government scheme introduced as part of The Immigration Act in 2014. It means landlords in England are responsible for checking if the people renting their properties have the legal right to live in England. Before signing a tenancy ... more
- Jan 11th 2022
5 things you need to know if you are looking to rent a property in 2022!
1 - New anti-Covid-19 measures in place Inline to help reduce the spread of the virus and the several variants in existence, the government has released new guidelines for people renting a home. It recommends that you check if your landlord, letting ... more
- Jan 6th 2022
Bank of England is looking at relaxing mortgage affordability rules in 2022!
Bank of England (BoE) is looking at relaxing mortgage affordability rules to make it easier for first-time buyers to step on the property ladder in 2022. The BoE's Financial Policy Committee (FPC) introduced new affordability guidelines in 2014 to ... more
- Dec 16th 2021
Bank of England raises interest rates to 0.25%
The Bank of England has raised interest rates for the first time in more than 3 years, in response to calls to tackle the increase in property prices! With house prices increasing at the fastest pace in the last 10 years, where the month of November ... more