Impact of Rising UK Mortgage Rates on Prospective Homebuyers
July 24th, 2023
The Bank of England's frequent interest rate hikes due to inflationary pressures and global economic changes have led to a substantial increase in mortgage rates, significantly affecting prospective homebuyers.
Read moreHouse prices see their first annual fall for 11 years
June 15th, 2023
The UK's property market is experiencing a significant slowdown as house price growth continues to decline, according to the latest figures from the Office for National Statistics (ONS).
Read moreWarning UK mortgage rates set to rise further
June 12th, 2023 Mortgages
Borrowers are being warned mortgage rates are set to rise further as turbulence continues to hit the market...
Read moreHelp to Buy scheme has ended, what next?
April 17th, 2023
The Governments Help to Buy scheme (also known as the Help-to-Buy Equity Loan) ended on the 31st March 2023, although the scheme closed to new applicants on the 31st of October 2022.
Read moreHouse prices in decline
March 13th, 2023
Nationwide reports that “House prices fell for the sixth consecutive month in February, down by -0.5%. Prices are now down -3.7% from their pre-mini budget peak last August, and down -1.1% on an annual basis.”
Read moreRemote working grows housing market for regional towns
February 20th, 2023
The post-Covid shift from office to hybrid, or even fully remote working, has created an increase in house sales in regional towns.
Read moreHousebuilder Barratt Homes advises “marked slowdown in housing market”
January 16th, 2023
Barratt Homes has stated that political uncertainty and a decline in economic growth has caused a decline in new build property sales.
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