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Estate & Letting Agents, Leicester
- Nov 4th 2024
Impact of the Autumn Budget on the Housing Market
Overview: The Autumn Budget introduces significant changes for property buyers, investors, and the affordable housing sector. Stamp duty on second homes has increased, while relief remains in place for first-time buyers and home movers until April 2025. ... more
- Nov 2nd 2024
UK Autumn Budget 2024: What You Need to Know About the Latest Tax Changes
The UK government’s 2024 Autumn Budget, labelled as a “Budget for Growth,” introduced substantial tax reforms, including higher National Insurance Contributions, adjustments to Inheritance Tax, and significant changes affecting Capital Gains and ... more
- Oct 29th 2024
Are Mixed-Tenure Developments the Future of UK Housebuilding?
Confidence in the UK development land market is growing, trending back towards pre-pandemic levels of gradual, if cautious, growth. This follows significant price drops last year, with some locations seeing annual declines exceeding 10%, which reversed ... more
- Oct 17th 2024
Unexpected Drop in UK Inflation Signals Potential Interest Rate Cuts
UK inflation fell to 1.7% in the year leading to September, the lowest in three-and-a-half years. This drop pushes inflation below the Bank of England’s 2% target, setting the stage for potential interest rate cuts. Lower airfares and fuel prices ... more
- Oct 9th 2024
UK House Prices Continue Climbing for Third Consecutive Month, Approaching Record High
UK house prices rose for the third month in a row in September, coming within £100 of a record high. The increase was supported by rising wages and a reduction in interest rates, which have made mortgages more affordable for some homebuyers, according ... more
- Oct 2nd 2024
Busy Start to the Autumn Home-Selling Season
Autumn is an important time for the property market, as many people return from summer holidays and start considering a new home. After a quieter 2023, where rising mortgage rates and persistent inflation led some to postpone moving, we are now seeing ... more
- Sep 24th 2024
Nationwide Offers Mortgages Up to Six Times Income for First-Time Buyers
Nationwide has announced a new mortgage offer aimed specifically at first-time buyers. Starting this week, the UK's largest building society will allow new borrowers to request a mortgage of up to six times their income, provided they can put down ... more
- Sep 17th 2024
September 2024 Rental Market Report
Rental price growth is beginning to slow in London and other major cities, while smaller towns and rural areas continue to see rents rise. The latest trends in rental prices reveal a mixed picture across the UK, with different regions experiencing varying ... more
- Sep 10th 2024
UK House Prices Reach Two-Year High
UK house prices hit a two-year peak in August, lifted by increased confidence amongst homebuyers following a recent interest rate cut, according to the UK's largest mortgage lender. Halifax reported that property prices rose by 4.3% compared to the same ... more