HOUSE PRICES SEE BIGGEST NEW YEAR BOUNCE IN THREE YEARS - RIGHTMOVE Many home-movers have already been putting their 2023 moving plans into action, with average asking prices seeing the biggest New Year bounce in three years. Our monthly House Price Index has the most up-to-date monthly data on [...]
WHAT IS LEASEHOLD? EVERYTHING YOU SHOULD KNOW BEFORE YOU BUY - IDEAL HOME Understanding what leasehold is and what it means for you as a homebuyer is crucial before you commit to buying a leasehold property. Most flats in England and Wales are sold on a leasehold basis. It’s [...]
NEW RULES MAKE PROPERTY LISTINGS MORE TRANSPARENT - ZOOPLA When it comes to searching for a home, the devil is in the details. Here’s everything you need to know about the new material information rules when you’re buying, renting or selling a home. Key takeaways The term ‘material information’ [...]
MPS VOTE AGAINST PERMANENT STAMP DUTY CUT - YOUR MONEY MPs have voted against a permanent cut to the stamp duty threshold, upholding the decision made by Chancellor Jeremy Hunt to end the discount in March 2025. In the Autumn Statement, Hunt reversed the decision made by his predecessor [...]
OVER 1.4 MILLION HOUSEHOLDS FACING MORTGAGE HIKE - YAHOO!FINANCE More than 1.4 million households in the UK are facing the prospect of interest rate rises when they renew their fixed rate mortgages in 2023, the Office for National Statistics (ONS) warns. The interest rate for a typical, new two-year [...]
MOVING HOME IN 2023? WHAT YOU NEED TO KNOW - RIGHTMOVE Are you thinking of moving home in 2023? Whether you’re already home-hunting, you’re ready to kick-start your search, or thinking of selling your home, here’s what’s happening in the housing market as we begin the new year. Take [...]
10 HOUSE PRICE AND MORTGAGE PREDICTIONS FOR 2023 - WHICH? House prices will fall, but higher mortgage rates are here to stay. From record property prices to soaring mortgage rates, 2022 was a tumultuous year for the housing market. But with some degree of normality having returned after a [...]
UK HOUSE PRICES FALL FOR FOURTH MONTH IN A ROW, THE LONGEST RUN SINCE 2008 - THE GUARDIAN Annual growth rate cools in December and average price of property drops to £262,068, says Nationwide. Property prices in the UK fell for the fourth month in a row in December, [...]
PROPERTY IN 2023: SHOULD YOU BUY, SELL OR STAY PUT? - WHICH? Experts forecast lower house prices and fewer sales in the new year. The new year looks set to bring a shift in the housing market, with the days of soaring house prices and cheap mortgage rates consigned [...]
GOVERNMENT EXTENDS 'GENERATION BUY' MORTGAGE GUARANTEE - THE GUARDIAN Scheme to help first-time buyers on to property ladder has been used by more than 24,000 households across UK The government is extending the mortgage guarantee scheme, which helps buyers with small deposits get on the property ladder as higher [...]
