Tenants Need a Budget That Boosts Housing Choices
Ahead of this week’s budget, the National Residential Landlords Association (NRLA) is publishing the below press briefing outlining the key challenges the Chancellor needs to address in the rental market. Boosting Tenant Choice Private sector tenants across the country are struggling as a result of the demand for rented homes massively outstripping supply. It is…
EAN Breaking News
House Price Index from Zoopla – 28th October 2024
2024 set to be a bumper year for housing sales with total value of homes in sales pipeline up 30 per cent to £113bn, reports Zoopla Rising incomes and the lowest mortgage rates for two years are supporting the highest level of new sales agreed since autumn 2020 UK house price growth has increased…
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Rightmove’s Autumn Budget analysis
Key data ahead of the Budget · If the current stamp duty thresholds are not made permanent during the budget, the average first-time buyer will pay £3,538 in stamp duty compared with nothing now: · The percentage of all home-movers that will be exempt from stamp duty will decrease from 28% to 5% (by lowering from £250,000…
Rightmove
Breaking Property News 28/10/24
Daily bite-sized proptech and property news in partnership with Proptech-X. Highly competitive rental market seeing tenants pay hundreds of pounds as rents climb during search The latest research by tlyfe, the UK’s number one tenant app launched by OpenBrix, has revealed how a highly competitive rental market is seeing tenants paying hundreds, sometimes thousands of…
Andrew Stanton
Rightmove’s weekly mortgage tracker – 24/10/24
The average 5-year fixed mortgage rate is now 4.64%, down from 5.39% a year ago The average 2-year fixed mortgage rate is now 4.94%, down from 5.85% a year ago The average 85% LTV 5-year fixed mortgage rate is now 4.65%, down from 5.47% a year ago The average 60% LTV 5-year fixed mortgage rate is now 4.05%, down from 4.95% a year ago The average monthly mortgage payment on a…
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Third consecutive quarter of growth in 2024, with Q3 revenue up 8% to £47.4m (Q3 2023: £43.9m) and 30 September 2024 YTD revenue up 10% to £125.9m (30 September 2023 YTD: £114.8m) Q3 growth was driven by Sales, Sales revenue up 36% to £13.5m (Q3 2023: £9.9m), and underpinned by resilient Lettings revenue which was…
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What You Need to Know About Getting an EPC In London
EPCs consider your property’s running costs, bills, and overall impact on the planet. Short for Energy Performance Certificate, it’s a rating system that tells you how energy-efficient a property is. In London, these regulations are getting stricter to reduce carbon footprints and save money on energy bills. If you plan to rent or sell, that…
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The Challenges of Selling a Shared Ownership Home
Selling a shared ownership home presents unique challenges compared to selling a fully owned property. Shared ownership schemes, designed to help people get onto the property ladder, allow buyers to purchase a portion of a home (usually between 25% and 75%) and pay rent on the remaining share. While this can make homeownership more affordable,…
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The Ultimate Guide to SEO for Estate Agents
You’ve got the properties and a portfolio that could make even the pickiest buyer swoon. But an adage goes like this, “Peacock’s dance, who saw it?” meaning that the value of something is determined by who notices it. Put simply, your listing is only as valuable as the visibility it receives. SEO is what gets…
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Understanding the Fee Structure of Real Estate Attorneys
When you’re walking through the thick forest of property transactions, one professional makes sure everything goes well enough; that’s the real estate attorney. They are present for the various purchasing, selling, and refinancing transactions. They review contracts, conduct title searches, and handle all related legal documentation, keeping your interests safe. However, many individuals often wonder…
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How to Prevent Water Ingress in Foundation and Basement Projects
Water ingress is one of the most common and costly problems in foundation and basement construction. If left unchecked, it can compromise the structural integrity of a building, cause damage to interior spaces, and lead to mould growth and poor air quality. Preventing water ingress is, therefore, an essential consideration during the design and construction…
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Is Solar Power Becoming More Affordable?
When solar energy was first introduced as a home solution, it was an expensive option with a high upfront spend, available only to wealthy homeowners with lots of income to spare. But solar panels are now rapidly becoming more and more of a commonplace sight in neighborhoods around the world, and that’s because solar energy…
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