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Estate & Letting Agents, Leicester
- May 21st 2024
Spring Housing Market Hits Record High
The average asking price for homes in Great Britain has reached a new peak this month, climbing to just over £375,000, a 0.8% increase. Spring is traditionally the busiest season for the housing market, often leading to price increases. This year, ... more
- May 15th 2024
2024 Mortgage Rate Outlook: Anticipated Decreases in Rates
For 2024, there is an expectation that mortgage rates might decrease, though this may occur more slowly than initially anticipated. As of May 2024, fixed-rate mortgages have seen a rise following a period of decline. Despite recent increases, there ... more
- May 7th 2024
Evaluating the Cost of Long-Term Mortgages
Long-term mortgages may seem appealing due to lower monthly payments, but they come with a hefty price tag in the form of increased interest payments. Key Insights: A significant portion of mortgage applicants are now opting for longer terms, with ... more
- Apr 17th 2024
Spring Home-Selling Season: Seizing the Opportunity
As the vibrant colours of spring emerge, so does the bustling activity in the property market. The pull of warmer weather coupled with the promise of new beginnings prompts a surge in homeowners listing their properties for sale. This year, the momentum ... more
- Apr 16th 2024
Landlords’ Obligations Regarding Energy Efficiency in 2024
In recent years, government policies on energy efficiency requirements for privately rented properties have undergone multiple changes. To provide clarity on landlords' responsibilities concerning energy efficiency, we've put together this ... more
- Apr 4th 2024
Will Mortgage Rates Decrease in 2024?
As we progress into 2024, understanding the path of mortgage rates is crucial for prospective homebuyers. Projected Stability in Mortgage Rates Industry forecasts suggest that mortgage rates will stabilise, remaining slightly above 4% throughout ... more
- Mar 27th 2024
Homeowners Gain an Average of £74,000 from the sale of their home in 2023!
In 2023 the property market offered a silver lining for many homeowners in the UK. With an average profit of £74,000 from property sales, it seems that the market remained buoyant for a significant majority. An impressive 90% of sellers notched ... more
- Mar 14th 2024
Implications of the Spring Budget 2024 for the Housing Sector!
The Spring Budget 2024 has left many desiring more substantial support for home buyers and mortgage seekers, despite introducing a few tax modifications that might slightly affect the market. Essential Highlights: The Chancellor has reduced capital ... more