The latest Consumer Prices Index (CPI) released by the Office for National Statistics revealed that inflation increased from 1.7% in September to 2.3% in October. But how exactly does inflation impact the property market?
Earlier today, the Bank of England (B of E) announced that the base interest rate will be cut by 0.25 to 4.75%. This is good news for the property market.
The Bank of England meets tomorrow (Thursday 7 November) to set the official Bank Rate or base rate as it is also known. This is the rate that banks and building societies use to set the interest rates they charge borrowers.
With PM Keir Starmer warning it would be painful, the new government’s first Budget has been hotly awaited for some weeks now. In this article, we’ll look at what the Chancellor of the Exchequer, Rachel Reeves, announced – paying specific attention to what will affect the property market.
PM Keir Starmer has already issued a warning that next week’s Budget will be painful… to help fill a ‘£22 billion black hole’ of debt. So, could this Budget be painful for homeowners? In this article, we’ll take a look at what Chancellor Rachel Reeves might be planning.
After months of fevered speculation, Chancellor Rachel Reeves will unveil her autumn Budget next week (Wednesday 30 October). As the announcement could have important implications for landlords, let’s consider what might be included in it.
In the past decade, millions of Brits have snapped up home tech gadgets to monitor their kids, cats, dogs and deliveries. About one in five homes has a doorbell camera, while thousands more have pet CCTV or video baby monitors. With all this kit installed, it’s probably no surprise that some people have taken to using it for another purpose.
Welcoming a new tenant can be exciting for landlords, but it also requires careful preparation to ensure a smooth transition. A well-prepared property makes a great first impression and can set the tone for a successful tenancy. Here are five key steps landlords should take before handing over the keys.
Rightmove has unveiled a new tool to help calculate how much renovation works add to the value of a property. How does it work, and is it any good? Let’s find out.
When considering the purchase of a ‘doer-upper’ – a property that requires refurbishment – landlords are often faced with a Shakespearean (ish) question: “To buy, or not to buy?”
If you’re considering giving your child a helping hand to buy their first home, you’re not alone. Figures show that 45% of twentysomethings who purchased a property last year did so with a cash boost from the Bank of Mum and Dad (Bomad).* But just because something is common practice doesn’t mean it’s risk-free.
First-time buyers might be getting older, but when it comes to landlords, it’s a different story. A new survey* has found that in the past nine years, there’s been a drop in the average age of landlords in the UK.