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Estate & Letting Agents, Leicester
- 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
- Sep 5th 2024
First-Time Buyers See Monthly Mortgage Payments Drop by £150 Since Last Year
If you're thinking about buying your first home, there’s encouraging news on the mortgage front. While rates remain higher than they were a few years ago, they’ve come down significantly since peaking in July 2023. This means that monthly mortgage ... more
- Aug 28th 2024
UK House Price Index: August 2024
The UK housing market is experiencing a gradual yet steady increase in prices. However, sellers must remain cautious about overpricing, as buyers are still highly sensitive to price adjustments. Key Highlights Rising Prices: In the first seven ... more
- Aug 22nd 2024
Housing Market Boosted by Base Rate Cut
In early August, the Bank of England made headlines with its first Base Rate cut in four years, lowering it to 5%. This move has sparked a noticeable boost in the housing market, as evidenced by Rightmove’s data, which monitors shifts in property market ... more