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It was recently announced that interest rates would remain unchanged. The Bank of England has maintained the bank rate at 5.25% to encourage saving and curb inflation. However, this decision means the housing market remains out of reach for many, especially...
Buying or selling a house can be a stressful time and there can be several things that can cause the process to be delayed. Here are our top tips on how to make your house move go as smoothly as possible. Find the right conveyancer...
Last year, the government introduced a stamp duty holiday in an attempt to keep the property market moving through the lockdown. The changes meant that some homebuyers were able to to benefit from a £500,000 tax-free threshold, up from £125,000...
Launched in 2013, the government’s Help to Buy equity loan scheme has enabled thousands of people to purchase a new build home with only a small deposit, with up to 20% of the property sale price covered by a government loan, or 40% in London. To...
After 7 weeks of restrictions, it was announced yesterday, that from Wednesday 13th May house moves can resume if the ‘step by step guidance’ outlined by the Housing Secretary is followed. The public have been told that moving home...
The impact of the coronavirus pandemic has been keenly felt in the UK’s housing market over the past few weeks and looks likely to slow down the speed with which people can buy and sell their homes. Government guidance issued on 26 March urges those...
There are an estimated 4 million leasehold properties in the UK. As long as eligibility criteria are met, legislation makes it possible to buy your freehold. With a flat you are buying a share of the freehold and 50% of the other tenants would need to...
The latest house price data compiled by the Land Registry, showed an average annual house price increase of 2.2% in December, with all regions of the UK experiencing an uplift. The surge in house prices over the last few months can often be frustrating...
