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The UK property market remains under close watch following confirmation from Prime Minister Andy Burnham that there will be no changes to stamp duty in this year’s Budget. Despite widespread speculation and ongoing calls for reform, the government has made it clear that altering or abolishing the tax is not currently on the agenda.
Artificial intelligence is starting to shape the way people sell, buy, rent and let homes. Used well, it can make the moving process smarter, faster and more connected.
The Bank of England is widely expected to hold interest rates at 3.75% when policymakers announce their latest decision on Thursday 30 July. While this may appear to signal stability on the surface, there are a number of underlying factors creating a more complex and uncertain outlook.
In recent weeks, we’ve seen a noticeable shift as major lenders begin reducing mortgage rates, signalling a change in momentum after a period of uncertainty. With swap rates easing and lenders keen to attract business, the landscape is becoming increasingly favourable but also more complex for buyers and homeowners. What can this mean for you?