Stamp duty cuts reversed and rising council tax rates on the way; but the energy price cap remains in place. We discuss how this is to effect mortgage rates and affordability. Stamp duty cuts to be reversed in April 2025 Energy price cap, raised to £3,000, to stay in place for a further 12 months […]
How the autumn statement is to affect the housing market Read More »
In times of uncertainty we can at least rely on experts predictions and how the market has also responded in the last couple of years surrounding the pandemic. Here we look to answer the following; if mortgage rates will fall, property prices stabilise and and if negative equity should be a concern. Mortgage rates look
Green scheme is a fund that aims to give homeowners more financing options for energy efficient home improvements. The Green Home Finance Accelerator encourages lenders to develop loans for green home improvements. A wider choice of affordable loans will help homeowners improve energy efficiency, reduce bills and cut their carbon footprint. The fund is now
Green scheme aimed to help boost energy efficiency in your home Read More »
As the UK looks for economic stability with Rishi Sunak as the new prime minister, we expect the government to review the countries policies, in a hope that we see falling mortgage rates and positive rental market reforms as planned. Rishi Sunak is the new prime minister, what to expect under his leadership. Mortgage rates
New prime minister and part budget reversal, how does this affect the housing market? Read More »
Over 900 deals were withdrawn in less than 24 hours, whilst lenders look to reprice their loans. Mortgage offers will return once interest rates have been reassessed following the budget and outlook for the future. More than 900 products, representing one third of the mortgage market, were pulled overnight between 27 and 28 September The
Mortgage lenders remove a record number of deals from the market Read More »
Following Chancellor Kwasi Kwarteng’s mini-Budget the value of the pound has drastically fallen. The value of the pound has fallen steeply since Chancellor Kwasi Kwarteng delivered his mini-Budget, briefly hitting a record low against the US dollar The situation is expected to lead to higher interest rates, which could reach 6% by May Mortgage rates
How is the budget is affecting the housing market? Read More »
What are the benefits of a smart home? Once set up, smart homes can help you save time as things can be automated, which in turn saves energy and money in the long term. You can also control your smart devices remotely so you know you’re always in full control, even when you’re not home.
Smart home with broader compatibility is coming, why does this Matter? Read More »
Why do we have new commercial licences? On the 1st September 2022, the government changed the commercial licences following ongoing changes surrounding the COVID-19 pandemic, this essentially grouped many of them together and made things easier for businesses to continue to trade as they could easily continue to function under what would have otherwise been
Commercial Property Use Classes Read More »
The point in which stamp duty is paid has doubled for home movers from £125,000 to £250,000 and for first time buyers it’s increased from £300,000 to £425,000 on homes up to £625,000. The level at which stamp duty starts has been doubled from £125,000 to £250,000 The threshold at which first-time buyers start paying
Stamp duty relief and what to budget for Read More »
First time buyers will have two months to apply to the governments help to buy equity loan scheme. The Help to Buy equity loan scheme will stop accepting new applications at 6pm on 31 October, before closing completely on 31 March 2023 The initiative enables first-time buyers to purchase a new build property with just
Help to buy closes to new applications on the 31st October 2022 Read More »
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