Landlords Increasing Rents to Cover EPC Improvement Costs

Nikka Sulton 

A recent survey conducted by a mortgage lender has revealed a concerning trend in the buy-to-let market, with over two-thirds of private landlords reporting that they own at

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Trumped: New President’s Effect on London Rentals

Nikka Sulton 

Average rents in prime central London increased by just 1% in the year leading to October, marking the lowest rate of growth since July 2021. In comparison, prime

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Leasehold Reform: ‘Years, Not Months Away,’ Says Expert

Nikka Sulton 

Reform of leasehold tenure remains a distant goal, with Alice Bradley, co-CEO of The Leasehold Advisory Service (LEASE), stating that it is “years, not months away.” Her remarks

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Santander Raises Fixed Mortgage Rates by Up to 0.31%

Nikka Sulton 

From Tuesday, Santander will increase its selected standard residential fixed rates across various products, including purchase, remortgage, and green products. These hikes will reach up to 0.29%. This

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Fed Cuts Rates Again But Trump’s Policies May Fuel Inflation

Nikka Sulton 

The Federal Reserve lowered the federal funds rate for the second consecutive time on Thursday. This move comes amid ongoing economic developments and shifting market conditions. However, the

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UK House Prices Hit Record High in October, Halifax Reports

Nikka Sulton 

The average UK house price saw a modest rise in October, reaching a new record high, according to the latest data from Halifax. The typical property now costs

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UK Banks Cut Mortgage Rates, Experts Warn on Fixed Deals

Nikka Sulton 

Borrowers with variable rate mortgages are set to benefit from a reduction in their monthly payments after the Bank of England announced a cut in the base rate

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Rent Arrears Soar by Nearly a Quarter in the Last 12 Months

Nikka Sulton 

The average rent arrears claim saw a sharp increase in Q3 2024, rising to £2,064, which marks a 22% increase from the £1,694 recorded in the same period

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Record High House Prices but a Quiet Few Months Ahead

Nikka Sulton 

According to the latest data from Halifax, the average UK house price saw a modest rise of 0.2% in October, continuing the positive momentum that has characterised the

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Bank of England Cuts Base Rate to 4.75%: What’s Next?

Nikka Sulton 

The Bank of England has announced a reduction in its base rate, bringing it down from 5% to 4.75%. This base rate is an essential figure that dictates

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