“Despite the government’s best efforts, we are yet to see house prices take a hit and the property market remains predictably resilient despite the turbulence of the wider economic landscape.
However, although Jeremy Hunt has pulled an almost complete three sixty manoeuvre where tax cuts are concerned, the irresponsible...
“The property market is still standing firm, but we’re now seeing concrete signs that the marathon period of double-digit price hikes spurred by the pandemic are coming to an end.
While this certainly doesn’t signal that a market collapse is on the horizon, the latest mortgage approval data From the Bank of England also shows...
The latest research by specialist property lending experts, Octane Capital , has revealed how the housing market could benefit to the tune of 11.3% where house prices are concerned, as a result of the greater stability brought on by the appointment of Rishi Sunak as prime minister.
Octane Capital analysed property market performance across the UK market going back as far as 1970 and...
“We’re yet to see any real signs of a notable drop in house prices despite a turbulent few months and now that the government has steadied the waters, any movement is likely to be a gradual return to normality rather than a sheer market crash.
Of course, tomorrow’s Autumn Budget could put the cat amongst the pigeons in this...
What would happen to house prices if they kept pace with the energy cap increase?
The latest research by estate agent comparison site, GetAgent.co.uk , has revealed what the average cost of buying and renting a home would look like if house prices increased at the same rate as the spiralling cost of energy bills.
GetAgent looked at the growth rate of the current energy cap since...
Homebuyers can save over £20k by searching for previously scuppered sales
Property purchasing specialist, HBB Solutions , has revealed that homebuyers can save as much as £21,000 when scouring the current market, by focussing their search on homes that have been relisted for sale, after their initial sale collapsed.
HBB Solutions analysed current market data looking at the level of...
Research by specialist property lending experts, Octane Capital , suggests that despite the well documented pandemic property market boom, housing market activity has actually been on the slide since the first quarter of 2020, at least where mortgage fuelled transactions are concerned.
Last week, Nationwide revealed that house prices have hit a new all-time high as buyer activity...
England rent values increased by up to 30% since pre-pandemic
The latest market analysis by rental platform, Rentd , shows that the average price of rent in England has increased by as much as 30% since the start of the pandemic, as the rental market woes of the pandemic fade into memory.
During the pandemic, house prices skyrocketed but the rental sector struggled. Eviction bans,...
Property industry reacts to fifth consecutive rates increase
The Bank of England has made the decision to increase interest rates for the fifth consecutive time.
Michael Bruce, CEO and Founder of Boomin, says:
“A fifth consecutive interest rate increase will come as a real concern for many homebuyers. Having seen house prices spiral over the last two years, they are now...
The UK property market is currently riding a wave of potential buyers who need a change of scenery post lockdown, with house prices booming to a 10-year high and the average house price up 12% in a year to £286k*. However, the looming threat of the cost-of-living crisis, deepened by the spike in inflation and rising interest rates, is creating a sense of urgency in the market, with some...
