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Estate & Letting Agents, Leicester
- 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
- Aug 14th 2024
EPC Rental Target for 2030 Set to Be Missed by a Staggering 12 Years
The ambitious target to upgrade all private rental properties in the UK to an Energy Performance Certificate (EPC) rating of C or above by 2030 is likely to fall shorty a significant margin. According to recent research, it may take an additional 12 years, ... more
- Jul 31st 2024
House Price Index: July 2024
The Zoopla House Price Index for July 2024 reveals key insights into the current state of the UK housing market. As the market continues to adjust to +4% mortgage rates, there is a notable increase in activity rather than a rapid growth in house prices. ... more
- Jul 18th 2024
Renters Rights Bill: Implications for Renters and Landlords
The new Labour government has introduced the Renters Rights Bill. What does this mean for renters and landlords? Rental Reform: A Renewed Focus The new Government is pushing for rental reform through the rebranded Renters Rights Bill, which includes ... more
- Jul 12th 2024
Growing Optimism in the Housing Market Post-Election
The UK housing market is witnessing a surge in optimism, as surveyors and estate agents express the highest confidence in sales volumes in over two years, following the recent General Election. The latest data from the Royal Institution of Chartered Surveyors ... more
- Jul 9th 2024
Housing Priorities for the New Government to Consider
Current Housing Conditions The housing market has shown resilience despite rising borrowing costs, but the adjustment continues. Historically, mortgage rates increasing from 1% to over 5% would lead to significant drops in house prices. However, regulations ... more
- Jul 1st 2024
House Price Index: June 2024
House prices have shown no inflation for May 2024 but are expected to increase by 1.5% by the end of the year. Here’s the latest on the UK housing market from the Zoopla House Price Index: June 2024. Key Facts House price inflation was flat ... more