National Association of Property Buyers urges Bank of England not to hike interest rates “In light of rising energy costs and indeed everything else as we approach winter, we hope interest rates are not increased.” *National Association Of Property Buyers issues SOS to the Bank of England. **They fear interest rate rises may push those ‘just about managing’ over the edge.
Planning Consent for large mixed-use community on former Tyneside shipyard
Boyer achieves Planning Consent for Vibrant mixed-use community on former Tyneside shipyard
National planning consultancy Boyer (part of Leaders Romans Group ) has secured a positive resolution to approve planning permission on behalf of Hebburn Riverside Development Ltd for the development of 446 homes,...
Utility bills set to cost nearly a third of the average mortgage payment
The latest market analysis by Revolution Brokers has revealed that October’s energy price cap increase will see the average household paying the equivalent of nearly a third of their annual mortgage in energy and water bills.
Revolution Brokers looked at how the cost of our utilities bills has changed since 2019...
HOMEOWNERS looking to combat rising energy bills could find that they’re able to make a triple saving with a move to a new home in Southport. A small number of properties at Balmoral Gardens will be ready to be occupied before Christmas and to help sellers become buyers, Elan Homes is hosting a part exchange event this weekend (October 1 and 2).
Nation’s homeowners sitting on £2.6 trillion in equity
Market analysis by leading mortgage broker, Henry Dannell , has revealed that the level of equity built up in the property market across England currently sits at over £2.6trn and that’s just those homes that are owned outright, with a 17% increase in this level of total homeownership over the last five years.
Eddie Hooker, CEO of the Hamilton Fraser Group, who operate industry schemes such as Total Landlord Insurance, the Property Redress Scheme and Client Money Protect says:
“Having waited three years for this White Paper, we had a good idea of what the rental reforms would look like, and I welcome the Government’s intention to improve the...
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...
Monday 20th June Rightmove House Price Index - Industry reaction The latest index shows that: -
Price of property coming to market hits a fifth consecutive record of £368,614, albeit only up by a modest 0.3% in the month (+£1,113), as the pace of price growth slows
Affordability constraints, a better balance between supply and demand, and usual seasonal price drops will
New London connection and exhibition venue - next event 30th June Property for sale with independent estate agents across the Southwest will be showcased to potential buyers at a new venue in Southeast London at the end of this month.
the Experts in Property , the network of more than 65 independent estate and letting agencies in Cornwall, Devon, Dorset, Somerset and Bristol, have partnered...
More women being flagged during AML compliance checks in property industry
Credas Technologies, the leading anti-money laundering checks provider, has revealed that the number of female homebuyers and sellers has surged in recent years, as they now account for over half of all AML market activity seen across the industry on an annual basis.
