Bidding wars are rife as demand outstrips supply in the housing market but will all sales have been worth the battle?
The seesaw battle between supply and demand is long fought, but currently the UK housing market is buckling under the strain, desperate for reinforcements, as supply struggles to keep up. Last week saw Savills adjust their property forecast with an upward trajectory predicting Average UK house prices to rise +4 pc
UK House Price Index explained
It can seem at times like every property professional is a wannabe Mystic Meg. Predicting price rises, surges in demand or impending doom. If you'd like to join their ranks or understand how some of the data is collected to enable this soothsaying ability, the above chart features the UK's
EWS1 Forms revisited
New guidance issued by RICS aimed at releasing leaseholders from the necessity of an EWS1 form comes into play from the 5th of April 2021. The hope is this will encourage mortgage lenders to lend to sellers or owners looking to remortgage without the need for a fire survey. So what
What are searches and why do you need them?
You found your dream home, got your mortgage approved even got your survey back but still no sign of those elusive searches! I mean
Mortgage Guarantee Scheme
The Government is set to announce in Wednesday's Budget a new mortgage guarantee scheme, to be launched in April this year, which will allow buyers in England to obtain a mortgage with only 5% of the property value as a deposit. The Treasury will guarantee a portion of the loans on
What’s in store for Buy-to-Let Landlords in 2021
The hangover from 2020 is dragging on but for UK Buy-to-Let Landlords, it feels personal. The attached guide is a breakdown of some of the things to expect and prepare for this year. Searching for silver linings? Gone are the days when you could deduct mortgage expenses from a rental income. 2021
The 2021 Stamp Duty Holiday inspired property trend – Gazundering
If you have your property under offer with the intent of upping sticks and starting afresh this year please be aware of the latest craze, Gazundering. Like many crazes it isn’t new but it’s experiencing a resurgence with the looming stamp duty holiday coming to an end. Many buyers and sellers