Property Market Frenzy: What the April Stamp Duty Hike Means for First-Time Buyers
The upcoming stamp duty changes have sent shockwaves through the property market, with thousands of first-time buyers rushing to complete purchases ahead of the April deadline.
Mortgage Rates Change Amid Growth in the Property Market
Recent changes in mortgage rates have caught the attention of both buyers and industry experts amid signs of growth in the property market.
Shocking Rise in Mortgage Debt Among Retirees: What’s Really Going On?
More and more Britons are finding themselves with mortgages that won't be paid off until well into their golden years as mortgage terms lengthen. What does this mean for their…
UK Housing Costs Surge by £5,000 in November—Is the Market Overheating?
UK housing prices have hit a new record high, driven by rising demand and easing mortgage rates. While this growth is a positive sign for some, experts caution that affordability…
UK Mortgage Prices Soar to Fastest Growth in Nearly Two Years—What’s Behind the 3.7% Price Jump?
The UK mortgage market has experienced a surprising surge in prices, defying expectations despite affordability challenges.
Thousands of UK Households to Lose £500 a Month from December – Here’s Why
From December, thousands of UK households will be forced to make do with less money. Losing up to £500 a month, families already struggling with inflation will be hit the…
Rising Mortgage Costs: Bank of England Warns Millions of Homeowners Face Higher Payments
The Bank of England's latest report warns that millions of UK homeowners will face rising mortgage payments over the next few years, with some seeing hikes of up to £500…
UK Housing Market Surge: Stamp Duty Changes Set to Spark Growth in 2025
The UK housing market is seeing increased buyer activity as 2025 approaches, with expectations for a busy year ahead. Changes to stamp duty and lower interest rates are driving renewed…
UK Mortgage Prices Set for Slower Growth in 2025 Amid Rising Costs
The UK housing market is expected to slow in 2025 due to rising mortgage rates and changes to stamp duty thresholds. Higher borrowing costs and increased taxes will put pressure…
Homelessness in Scotland Reaches Breaking Point: Is Government Inaction to Blame?
Scotland's homelessness crisis is nearing a breaking point as campaigners call on the government to use a Westminster windfall to tackle the shortage of affordable housing. With thousands of families…
Homeowners Brace for £500 Mortgage Blow as Rachel Reeves’s Budget Sparks Concern
Homeowners will face higher mortgage costs as inflation rises and tax policies tighten the economic noose. Experts warn that borrowing rates could rise further, leaving families and businesses to navigate…
Homeowners Brace for Bigger Bills Under Inheritance Tax Changes Affecting Estates
Inheritance tax (IHT) reforms announced in the Budget are set to reshape the financial landscape for thousands of UK homeowners and pensioners. By freezing tax-free thresholds and including pensions in…
Rental Prices Expected to Climb £200 a Month as UK Faces Growing Housing Crisis
Rental prices in the UK are on track for significant increases over the next five years, with experts predicting sharp rises fueled by a shrinking supply of rental properties. As…
Government Scheme Offers Up to £400 Annually for Millions in Four Targeted Council Tax Bands
Millions of households in high Council Tax bands could save up to £400 a year on their energy bills thanks to the government's new insulation scheme. Designed to tackle the…
UK Households Warned of Substantial £7,466 Hike in Home Moving Expenses
New policies are shaping up to bring huge changes to the cost of moving homes in the UK. These changes are expected to affect buyers as well as renters and…
UK Housing Market Sees £5,000 Drop in Average Asking Prices for November
Average asking prices for UK homes have dropped by over £5,000 this November, reflecting a seasonal slowdown and post-budget uncertainty. While demand has begun to recover, factors like stamp duty…
Household Building Costs Soar 19% in Last Quarter—The Hidden Factor Behind Skyrocketing Prices
The cost of home building has skyrocketed, with some projects seeing price hikes of up to 25%. A trusted platform reveals surprising insights into the least reliable trades and a…
UK Mortgage Rates Spike as Lenders React to Economic Shifts From the Budget
The UK's leading lenders have increased fixed mortgage rates in the wake of Budget-related rises in borrowing costs and market uncertainty. Homeowners and buyers now face a tightening market as…
Barclays Set to Hike Mortgage Rates: What Buyers Should Know
Significant changes are on the horizon for mortgage rates, as Barclays prepares to implement increases across various fixed-rate deals.
Top UK Mortgage Deals of the Week: Sub-4% Rates Are Back on Track
Mortgage rates under 4% are returning as competition heats up, offering better opportunities for first-time buyers amid Bank of England's rate hold.
First-Time Buyers Urged to Act as Mortgage Rates Drop Amid Rising Competition
First-time buyers and those with smaller deposits are beginning to feel the effects of recent mortgage rate reductions as competition among lenders intensifies. Major players such as Nationwide and Clydesdale…
Best UK Mortgage Offers of the Week: New Deals Below 4% for Homebuyers
In the aftermath of a recent interest rate cut by the Bank of England (BOE), more mortgage offers with interest rates under 4% are becoming commonplace, which can be nothing…
Housing Market Rebound? Mortgage Approvals Hit Post-Mini-Budget High Amid Falling Interest Rates
The Bank of England has reported a significant increase in mortgage approvals for home buyers, reaching the highest level since the mini-budget delivered under former Prime Minister Liz Truss. In…
Short-Term Mortgages Surge as British Homeowners Anticipate Falling Interest Rates
The 2024 rise in the amount of households wanting to fix their mortgage rate for just a couple of years is an indication of the fact that homeowners are hopeful…
Mortgage Payments Could Rise by £287 Despite Stable Base Rate
Mortgage and savings rates have been fluctuating in recent months, despite the Bank of England’s base rate remaining steady, according to a financial information website. The research was presented as…
UK House Prices on the Rise, but Mortgage Rates Remain Unchanged
Last April, the UK saw an increase of 1.1% in average house prices over the same month the previous year, says the Office for National Statistics (ONS). This positive trend…
UK Homeowners May Be Owed Thousands for Undisclosed Property Issues, Says Legal Expert
Homeowners who discover problems with their properties months or even years after purchase may be entitled to substantial compensation, according to a legal expert. The severe winter has exacerbated structural…
UK House Prices Steady in May Boosted by Wage Growth
The latest figures from mortgage lender Halifax show that during the crucial spring sales period, UK house prices remained unchanged in May, supported by rising wages and a rise in…
Housing Benefit for Low Income Renters and Pensioners – How to Apply
The Housing Benefit is now part of Universal Credit for those of working age, but remains available for those over State Pension age and for specific types of accommodation. Understanding…
UK Housing Market Sees Price Growth in May Despite Rising Mortgage Rates
UK housing costs accelerated in May, despite a rise in lending costs slowing the recovery, statistics released on Friday showed. House costs rose by 0.4% in both April and May,…
UK Housing Market Growth Hits Eight-Year High, Says Zoopla
The housing market has seen a significant increase in the number of homes for sale, reaching its highest level for eight years, according to recent data from Zoopla. This increase…
Why Buying a House in the UK is More Profitable than Rental?
Deciding whether to buy or rent a home remains a hypothetical discussion for most people. Many cannot afford to buy a property or even to leave the family home to…
UK to Impose Higher Council Tax on Empty Homes and Second Properties
Owners of second homes and empty properties in England, Wales and Scotland could be required to pay at least twice the amount of the old council tax in order to…
UK House Prices Reach Record High, Averaging Over £375,000
According to Rightmove UK house prices hit record highs with the average British house price reaching £375,000 in May. Average UK House Prices Reach Record High The average UK…
Nationwide Unveils £50,000 Payments for People Who ‘Pass’ Check
Nationwide has “doubled” an essential customer benefit as part of a substantial cost-of-living increase. Nationwide, the UK’s largest building society, which competes with Lloyds, HSBC UK, Santander, NatWest, and others,…
UK House Prices Dip as Lenders Raise Mortgage Rates
According to Nationwide, UK house prices dipped in April as prospective buyers faced persistent affordability pressures. UK House Prices Slide as Lenders Raise Mortgage Rates The UK’s largest building society…
Average Rents in the UK Surge to Record High
Average private rent prices have surged again in the UK, reaching record heights, with yearly rental growth in hotspot areas including Reading and Coventry running at nearly 20%. UK…
Mortgage Payments Skyrocket by 60% Since 2021 Due to Financial Pressure
As of 2024, the UK’s mortgage payments had risen by a staggering 60% compared to 2021, giving a clear idea of the financial pressure homeowners are under. This significant jump…
DWP Helps Individuals Pay Their Housing Costs – Check Your Eligibility!
Housing costs, both rental and ownership, have soared in recent years. This surge in housing costs raises the question of what kind of help the government can provide. So,…
Over 300,000 Households Miss Out on £4,338 in Rental Support – Here’s How to Apply!
Nearly 300,000 households are missing out on £1.2 billion in rental support. According to a new Policy in Practice study, hundreds of thousands of senior citizens are entitled for about…
UK Housing Market: Asking Prices Hit Near ATH in April, Driven by Larger Properties
Larger property has pushed asking prices to near record levels in April, following data that suggests the UK housing market is still recovering despite the recent volatility in mortgage rates.…
Building Society Reforms Aim to Boost Homeownership for Working People
Building society revisions proposed by a Sunderland MP are anticipated to help more first-time homebuyers get on the property ladder. First-Time Homebuyers Set to Benefit as Building Societies Act Amendment…
UK House Price Decline Slows Amidst Record Rent Surge
The average UK house price declined by 0.2% in the year leading up to February down from 1.3% in the year leading up to January. Diverging UK House Price Trends…
UK Housing Madness : March Sees Unexpected Price Drop for First Time in 6 Months
Halifax, a leading UK lender, reported that UK housing prices fell in March for the first time in six months, which surprised analysts and added to the indications of irregularity…
UK Housing Crisis : Non-Profit Groups Struggle Amid Higher Interest Rates
Leading UK Affordable Housing Associations issued warnings recently, pointing to a growing shortage of housing supply and the increasing financial difficulty of building new affordable homes. As public funding falls,…
UK House Prices Drop for the First Time in Three Months
According to Nationwide building society, UK house prices dropped for the first time in three months as high mortgages continue to impact the market. UK House Prices Dip for…
UK Housing Market: Falling Mortgage Rates Set to Boost Prices this Spring
The UK housing market is poised for an active spring, thanks to lower mortgage interest rates and increased buyer confidence. The latest HMRC report shows an encouraging increase in property…
UK Housing Offers the Worst Value Compared to Other Countries
The UK housing market offers poor value for money compared with other developed countries. Typically, UK households spend much more money for much less living space. This means that the…
UK Mortgage Rates Cut Anticipated Due to Positive Inflation Data
Brokers and housing market analysts predict mortgage rates to fall slightly in the coming weeks. This is due to positive inflation data and an optimistic outlook from the Bank of…
UK Rental Costs Surge by 9% as House Prices Stabilise
The latest data published recently by the Office for National Statistics (ONS) reveals a significant rental costs rise across the UK last February, while price adjustments in the housing market…
