Homeowners Set New Mortgage Overpayment Record
In an effort to counteract increasing mortgage rates, homeowners are making an unprecedented number of mortgage overpayments to minimise their debt. In the last quarter of 2022, homeowners made a record £6.7 billion in mortgage overpayments, surpassing...
Record Prices for First-Time Buyers
This month, the average property price entering the market has increased by only 0.2% (equating to £890), a lower growth compared to the typical 1.2% seen during this time of year. The cautious pricing approach is suggested to attract Spring buyers....
An increase in property sales signals for a recovering property market
The UK property market has shown promising signs of a recovering market, driven by steadying mortgage rates and a 65% increase in the number of homes for sale compared to last year. According to industry reports, buyers have returned to the market, with...
Buy-to-Let Mortgage Market Reaches Pre-Mini-Budget Levels!
The buy-to-let mortgage market is experiencing a surge in activity, as the number of deals available to landlords reaches its highest level since before the mini-Budget. Financial information group, Moneyfacts.co.uk, reports that a total of 2,400 different...
Navigating the UK Housing Market: Insights, Trends, and Tips for Buyers and Sellers
If you're a homeowner or potential homebuyer, you're likely keeping a close eye on the UK housing market. And with good reason - the market has been in flux over the last year, thanks in large part to the pandemic. So what's happening with house prices...
The Benefits of Selling Your Property in March
Selling a property can be a challenging experience and choosing the right time to sell is crucial to its success. The timing of your sale can significantly impact the number of potential buyers, the level of competition, and the sale price. March is widely...
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