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 […]
House prices climbed by 0.1% in October versus the previous month, although this monthly rate of growth slowed from 0.6%. On an annual basis they increased by 2.4%, with this annual rate of growth again slowing from 3.2% the previous month. Here what some of the industry’s leading experts have […]
The previous year will go down as one of the most unique on record for the property market, claims David Hannah, Group Chairman of Cornerstone Tax, the UK’s leading property tax advisory. 2023 has been a year defined by extremes, the fall-out from the Bank of England’s (BoE) fourteen consecutive […]
Amidst all the panic and chaos that has surrounded the economy in October due to the policies of the previous Prime minister and chancellors, our friends at the North Property Group celebrated a record-breaking month. Their property consultants managed to generate the highest number of sales in a single month […]
With 2022 coming to a close, the UK finds itself in a financial recession coupled with a cost-of-living crisis. According to Halifax’s House Price Index, since the UK entered the recession, the average house price fell by 0.4%. On top of this, in the last quarter of 2022, The Bank […]
More often than not, people invest to make money and buy-to-let property is no exception. While it’s a passion project for some, the majority of investors will be more interested in the returns. With the potential for both short- and long-term growth, property remains a popular investment vehicle. But exactly […]
The property market has seen an impressive bounce back since the first lockdown ended in May 2020. With covid-19 restrictions in Q1, the year was looking pretty bleak for the property market and all the types of businesses that fall under this umbrella, including estate agents, construction companies, surveyors, builders, […]
It’s probably a safe bet that most people just want 2020 to be over. They will soon get their wish. What’s more, Brexit notwithstanding; there are some signs that 2021 may be a better year, especially for the property market. Here is a quick round-up of the latest developments. Buyers […]
Since the start of the Coronavirus pandemic many businesses, sectors and industries have been negatively impacted in ways that no one ever could have predicted, none more so that the property market, both residential and commercial, specifically the buy-to-let industry. However, with the UK lockdown, and rules regarding businesses and […]
