From April 1st, significant changes to Stamp Duty Land Tax (SDLT) will take effect, particularly impacting first-time buyers. The nil-rate threshold for first-time buyers will decrease from £425,000 to £300,000, with a 5% rate applying to properties priced between £300,001 and £500,000. Additionally, the maximum property value eligible for first-time […]
The accelerating property market is enabling cash buyers to secure average discounts of over 13% compared to the prices paid by buyers needing a mortgage, new analysis by MPowered Mortgages reveals. The study of Land Registry records of sales completed in September 2024 found that across Great Britain, cash buyers paid £28,189 […]
Uncertainty was the theme of 2024, thanks to the general election, a ‘painful’ Budget and a slower than expected reduction in interest rates. But from a market point of view, uncertainty resulting in a slow-down has the advantage of creating pent-up demand in the period that follows. Whereas in 2024 […]
As we move toward 2025, the UK real estate market is navigating a complex and ever-evolving landscape. Investors must weigh evolving factors such as political uncertainties, shifts in rental demand, and the impact of economic pressures on borrowing costs. Here’s five areas to watch in real estate in 2025: Political […]
First-time buyers need to borrow up to 15x their salary to afford a home in some UK cities, new report reveals According to the new first-time buyer affordability report from Mojo Mortgages, a fee-free mortgage broker, aspiring homeowners in cities such as Bath may need to borrow up to 15 times their annual […]
When it comes to increasing the value of your property, few things are as effective as a well-thought-out landscaping plan. Whether you’re preparing to sell or simply want to enjoy your outdoor space more, landscaping can significantly enhance both the aesthetic and financial value of your property. In this guide, […]
Buying a home is an exciting journey, but it’s important to look beyond the surface and consider factors which will impact on the long-term running costs of your new property, such as energy efficiency. By focusing on key details like insulation, utility expenses, and solar potential, you can ensure your […]
The financial success of your buy-to-let depends on the investment making a profit, and both the property value and your profits at least keeping up with inflation. So, before buying, it’s essential to carry out extensive research on prices, trends and demand in your area, and ‘stress test’ your figures […]
Shared Ownership is still relatively young compared to most forms of property ownership and understandably there is some confusion about this tenure, especially when it comes to selling. In the Q&As below, we hope to address some of those questions. Is it more difficult to sell a shared ownership property […]
As a general rule of principle, the best time to buy a property is when prices have dipped down and are just starting to rise. The market moves in cycles, so if you can make a purchase at the start of a period of price growth, that should help ensure […]
