Economists at Goldman Sachs have indicated that the Bank of England’s base rate, which currently stands at 5 percent, may soon experience a reduction. This forecast is rooted
NatWest Announces Aggressive Mortgage Rate Cuts
BoE Rate Cut to 2.75% Could Save Homebuyers £2.5k
Nikka Sulton
Goldman Sachs economists are forecasting a significant cut to the Bank of England’s base rate, which could bring much-needed relief to homebuyers, businesses, and the broader economy. The
MPs Advised: Renters’ Rights Bill May Worsen Issues
Nikka Sulton
The chief executive of the National Residential Landlords Association has taken the opportunity to address MPs directly, stating that confidence among landlords is currently at an all-time low.
Stamp Duty Change Set to Spark Surge in First-Time Buyers
Nikka Sulton
There’s growing anticipation of a surge in demand for smaller properties, particularly those being sold off by landlords. Rightmove has suggested that this is likely due to speculation
UK House Prices Rise as Sellers Price to Sell
Nikka Sulton
The average asking price for properties listed in the UK has seen a modest increase of 0.3% this month, equivalent to £1,199, bringing the total to £371,958. This
HSBC Raises Rates on Some Mortgages, Cuts Others
Nikka Sulton
HSBC has announced that it will raise rates on some of its cheapest mortgage products, while at the same time cutting rates on more expensive deals. This decision
Properties for Sale Reach 10-Year High in a Buyer’s Market
Nikka Sulton
The number of homes available for sale reached a ten-year high in October, as reported by Rightmove. The increase in available properties signals a shift in the market,
Tax Concerns Drive Surge in Landlord Company Formations
Nikka Sulton
Incorporation continues to be a popular choice among landlords, with 5,312 new limited companies established for buy-to-let properties across Britain last month. Data analysis from Hamptons, a brand
Landlord Faces £5,500 Penalty After Failed Appeal
Nikka Sulton
A landlord has faced significant consequences after his appeal was rejected regarding a hefty fine for serious safety violations. Nazir Ahmed, a Cardiff-based landlord, was originally fined £37,000
Tax and EPC Worries Affect Buy-to-Let
Nikka Sulton
Landlords are currently experiencing uncertainty regarding their investments in new properties, primarily due to the looming possibility of increased Capital Gains Tax (CGT) rates and the implementation of