No Need for Planning Permission to Convert a House into Flats
In the Chancellor’s Autumn Statement on November 22nd 2023 it was announced that the government is planning to remove the need for planning permission when subdividing a house into two flats. This will present property developers with a great opportunity to profit from buying a house and then dividing it into flats and it will also help improve on the […]
Office for National Statistics Release New House Price Data
The Office for National Statistics (ONS) have released new house price data during the month of May. The data from the ONS is seen to be the most reliable as it is based on actual purchase price figures recorded at the land registry. Unlike other data that we regularly report on from Rightmove which is based on advertised “For […]
How Far Will House Prices Fall and How Quickly Will They Rise?
In recent times we have seen a lot of negativity surrounding house prices. Not only have house prices already fallen 4% from their peak last year, but there is greater fear that The Bank of England will have to keep increasing interest rates, causing a squeeze on the affordability of buyers. There is also a […]
How has UK Property Performed vs The Rest of The World?
Since the start of the pandemic and when the UK went into lock-down in march 2020, house prices in the UK have increased twice as fast as previous years but has this happened for the rest of the world? The COVID-19 Pandemic has been a global crisis with most of the world greatly affected. House […]
Available Government Help for House Buyers in 2022
The property market is still going strong and the government has continued to help support house buyers through to 2022. The help comes in different forms, from help with saving for a deposit with the incentive of earning 25% interest. Furthermore, you can then use a 5% deposit which is topped up with a 20% […]
How will the Cost of Living Crisis Affect The UK Property Market
The property market has performed remarkably well but now that we are facing a cost of living crisis what difference will that make to the UK Property Market? With many different costs threatening to rise all at once causing a cost of living squeeze for millions of people you would expect thi to have a direct affect on the […]
Nationwide Report Fastest Growth Since 2005
New figures reported from Nationwide show that house prices in 2022 have had the quickest January house price rise in 17 years. This strong start to the year shows a continuation of the momentum that was seen during 2021 but analysts are forecasting that this may be the end of such speed of growth and […]
The Best Help Available for First Time Buyers in 2022
First time buyers have a number of different avenues that they can choose when buying their first home. With the uncertain economic climate and the recent rise in interest rates you would expect there to be little help available for first time buyers, but it’s not the case. We have selected the two best […]
Changes to Expect from the Property Market in 2022
In a climate of economic uncertainty it is difficult to think that there could be much certainty with the direction of the property market in 2022. Some analysts seem to be quite forthright with their positive predictions and they think the success of property market that has been seen during the pandemic will carry on […]
What is Happening to House Prices in 2021
The mini boom of last year may be back. After seeing three consecutive months of falling house prices we have now recently experienced five positive months in a row. Different to the previous lockdown of 2020 the property market is open for business, normal social distancing rules apply and viewings from prospective property buyers can […]