For many people across England, getting onto the property ladder can feel like a difficult balancing act. Now, the Government has announced a new initiative that could change the conversation for some first-time buyers.
Having an offer accepted on a property should feel like a major milestone. But getting from “offer accepted” to “completion” can sometimes feel like a very different story. New research suggests that conveyancing is now seen by many homebuyers as one of the biggest obstacles to a smooth property transaction — even more so than property chains.
There are significant changes ahead for landlords and the private rented sector in England, with the Government now providing greater clarity around the introduction of the new national rental property registration service.
The UK rental market is entering a new chapter, and landlords, tenants and letting agents are all having to adapt. One of the biggest changes is the move away from traditional fixed-term tenancy arrangements towards rolling, or periodic, tenancies.
The UK property market is entering an interesting period, with uncertainty surrounding the upcoming Autumn Budget causing some prospective buyers to pause before taking their next step.
The future of the United Kingdom is once again being discussed, with the First Ministers of Scotland, Wales and Northern Ireland meeting in Cardiff to discuss closer cooperation, economic issues, energy, Europe and wider constitutional questions.
Landlords across England are being given advance notice of an important change to the private rented sector, with the government announcing the regional deadlines for registering rental properties on England's new Private Rented Sector Database.
The UK mortgage market is moving once again, with a number of major lenders increasing their mortgage rates as wholesale funding costs and swap rates rise. For anyone planning to buy, sell, remortgage or invest in property, this is an important development to keep an eye on.
Birmingham’s property market could be facing an interesting period of change, with new research highlighting the enormous potential for additional housing to be built around railway stations and transport hubs.
The UK property market continues to face a number of challenges, with mortgage costs, affordability, economic uncertainty and the overall cost of moving all influencing buyer and seller decisions.
The UK housing market remained subdued in August, with house prices edging up by 0.2% over the month and annual growth sitting at 1.6%, according to Nationwide's latest House Price Index.
A change of tenancy is a useful opportunity to review more than the rent. From property condition to compliance and management, a little preparation this autumn can help create a smoother next let.