Chancellor Jeremy Hunt unveiled his Autumn Statement this afternoon, announcing a rise in the living wage and pensions. National Insurance will be cut from January and inflation is on track to reach 2% by the end of 2025. National living wage rises from £10.42 to £11.44 an hour Pensions up 8.5% or £900 a year […]
How the 2023 Autumn Statement is likely to affect the housing market? Read More »
We see a lot of EPCs (Energy Performance Certificates) and a lot of the recommendations to improve a homes energy efficiency are often down to having a modern boiler, smart thermostat to control heating, good insulation and solar panels having the most impact. Reduce boiler to 60°C Bleed radiators Service your boiler Install a smart
With increased demand for residential homes in the rental market, investors turn away from commercial properties Commercial property has historically been viewed as the more profitable asset class but more recently, residential property values have taken over. This is evident in the number of companies, across the board, converting commercial to residential property; from John
Residential homes are becoming better investments than commercial properties Read More »
The average rent for a new tenancy has increased by 10.3% since September 2022, with renters now paying £1,164 per month on average. Residential rents for new tenancies are 10.3% higher than in September 2022 Rents have increased the most in Scotland, where new rent controls are encouraging landlords to secure higher rents at the
Rent for new lets rise more than 10% this year and there’s support for tenants Read More »
60% of homes listed are below the stamp duty threshold for first time buyers. In southern England, around 50% of homes listed for sale are priced below the first-time buyer stamp duty threshold of £425,000. In the north east that figure rises to 93% In Hull, Blackpool, Middlesbrough and Hartlepool, 98% of homes for sale
How to avoid stamp duty as a first-time buyer Read More »
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