Good news for future homeowners is coming at the end of June. Ground rent is set to be abolished on most residential leases from the 30th of June 2022, meaning that homeowners will no longer have to pay ‘ground rent’ to landlords. The government has been looking at an overhaul Read More ->
Boris Johnson has unveiled plans that would allow for benefits to be put towards mortgages in England in what he has coined the ‘benefits-to-bricks’ pledge. Subscribe To Our Newsletter What Is The ‘Benefits-To-Bricks’ Scheme? Boris Johnson made this ‘benefits-to-bricks’ pledge in his first big speech since surviving the vote of Read More ->
As the platinum jubilee celebrations draw to a close and we look back over the changes the UK has gone through over the last 70 years it is easy to see how much of an incredibly different place the UK is compared to 1952 when the Queen first ascended to Read More ->
The Prime Minister is currently drafting up plans that could help up to 2.5 million council tenants buy their homes at a discounted price in a move that strongly echoes Margaret Thatcher’s ‘Right To Buy’ scheme. Boris Johnson aims to get the scheme up and running across the UK, though Read More ->
House prices are rising at their fastest rate recorded since March 2004 and are continuing the ascend to new record levels. This makes house prices around a fifth higher than they were at the start of the pandemic. According to Nationwide, prices have risen by 14.3% in the year to Read More ->
UK energy bills are set to rise from this week when a new price cap is introduced. There are set to be sharp increases to standing charges, with the amount you’re charged varying depending on the region you live in. Subscribe To Our Newsletter Standing charges set to increase All Read More ->
The UK housing market is often a good indicator of the strength of the economy, but sometimes house prices seem to take on a life of their own. This does mean that housing market bubbles can pop eventually, and if you are thinking about investing in a property, it is Read More ->
Research undertaken by property portal MoveStreets, shows home sellers are currently over-optimistic about selling in the current market and are over-pricing their houses by an average of 13%. The research showed that across Britain, the current average asking price of houses across property portals sits at £296,950, but houses aren’t Read More ->
In the midst of the COVID pandemic, the housing market was amongst many of the different markets which started to suffer. To help kickstart it into action, July 2020 saw the start of something new – a ‘Stamp Duty Holiday’. This holiday allowed house buyers to not pay a single Read More ->
9 out of the top 10 most sought after locations for new-build housing are located north of Birmingham according to a UK-wide study of consumer demand. Scottish cities also make the top 3. 9 out of 10 hotspots for new-builds were located in the north of England and Scotland, but Read More ->
© 2020 - Property Press Online