Next month, councils will be granted new powers aimed at revitalising high streets and addressing the growing issue of long-term vacant shops. The government claims these powers will
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Landlords Increasing Rents to Cover EPC Improvement Costs
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
Trumped: New President’s Effect on London Rentals
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
Leasehold Reform: ‘Years, Not Months Away,’ Says Expert
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
Santander Raises Fixed Mortgage Rates by Up to 0.31%
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
Fed Cuts Rates Again But Trump’s Policies May Fuel Inflation
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
UK House Prices Hit Record High in October, Halifax Reports
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
UK Banks Cut Mortgage Rates, Experts Warn on Fixed Deals
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
Rent Arrears Soar by Nearly a Quarter in the Last 12 Months
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
Record High House Prices but a Quiet Few Months Ahead
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