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Estate & Letting Agents, Leicester
- Feb 2nd 2024
How is the Housing Market shaping in 2024?
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
- Feb 1st 2024
Bank of England maintains Interest Rates at 5.25%!
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
- Jan 18th 2024
2024 Housing Market Outlook: What to Expect for House Prices
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
- Dec 13th 2023
UK Rental Market Forecast for 2024: A Detailed Analysis
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
- Dec 1st 2023
Mortgage Approvals Show Signs of Recovery Amid Continued Market Caution
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
- Nov 23rd 2023
Autumn Statement 2023: Implications for the UK Housing Market
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
- Nov 13th 2023
Understanding the Fastest Selling Property Types in Today's UK Housing Market
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
- 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