Over 900 deals were withdrawn in less than 24 hours, whilst lenders look to reprice their loans.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 »
Rising energy bills and a hunger for greener living mean a good EPC rating is now more important than ever. Here’s how to get one for your home. Energy efficient light bulbs, double glazing and a decent boiler can all improve a home’s EPC rating Insulation, thermostats and dual flush loos also help In October
How to improve your homes energy performance Read More »
A high number of home buyers across the UK are not being asked to provide identification when purchasing a property, let alone having their ID properly verified, new research shows. The survey of UK home buyers asked when purchasing their last property, did the selling agent ask for proof of identity, such as, but not
A quarter of home buyers were not asked to prove their identity Read More »
The housing market remains strong however price growth begins to lose momentum as demand for homes starts to slow. Demand for new homes remains above average right now, but is set to weaken as even more households feel the cost of living squeeze in the autumn months First-time buyers are currently the biggest group driving
Economic uncertainty impacts demand and house price growth Read More »
Ofgem has increased the energy price cap for the second time this year, with further hikes expected in January. The average cost of heating and lighting a home has soared past £3,500 a year following an 80% hike in the energy price cap The move will impact an estimated 24 million households from 1 October
Most homes are now paying over £3,500 a year on energy bills Read More »
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