First-time buyers accounted for more than 50% of home loans in 2023, with over 60% on joint mortgages to secure a home. Two out of three first-time buyers had joint mortgages in 2023 at 63%. The average deposit paid was £53,414 – 19% of the purchase price In 2023 Inverclyde in Scotland has been the […]
Have you considered getting on the property ladder with a friend? Read More »
2024 has begun well for the housing market, with buyer demand up 12% year-on-year and the number of sales agreed climbing 13%. Last year’s rising mortgage rates saw many buyers delay moving, but with rates dropping below 5% in January, more began returning to the market. Demand is definitely up, but it’s still 13% below
House prices begin to stabilise as more sales are agreed Read More »
With the UK governments focus on de-carbonising homes and the many funded schemes available, scams have also become more commonplace with contractors adding extra costs. Your agent should be aware of potential risks and help educate clients and tenants to be on the lookout for common scams. The council does not pay for these installations
Looking to make some government funded home improvements? Read More »
Rightmove predicts that landlords will have to “balance priorities” to get rent prices right over the next 12 months. Advertised lets are being reduced by up to 25% The average tenant spends 50% of their income on rent There is a limit to tenant affordability, with other costs factored in Landlords are still looking for
Are rents being overpriced in 2024? Read More »
2023 saw some changes in the economy and in turn the property market, here we look at some of the key moments that have affected the industry over the past year. We have had the Material Information published, making property listings much more transparent for both Sales and Lettings. This gives buyers and renters more
2023 – A Year in Review of the Property Market Read More »
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