“The latest inflation figures suggest that the Bank of England’s aggressive tactics are starting to yield results, with the level of inflation falling marginally between October and November.
With this in mind, some may feel that a further festive hike ahead of the Christmas break is perhaps a tad Scrooge like. However, the...
Research by estate and lettings agent, Barrows and Forrester , has revealed that 64% of UK homeowners are already planning to cut back on their Christmas spend due to the increased cost of their mortgage, with 73% stating that should the Bank of England choose to increase rates again in December, it will put a further strain on their already overstretched household finances.
Hard-up tenants are paying council tax bills equivalent to 37.5% of rent
Market analysis from Ocasa , the specialist rental platform, reveals that the cost of the average council tax bill in England is equivalent to 17.7% of a tenant’s rent bill. For the hardest-hit renters, this rises to 37.5%.
Rising inflation, interest rates, and living costs mean that renters are bracing...
Market analysis by real estate debt advisory specialists, Sirius Property Finance , has looked at how an increase in interest rates could dent our appetite for homeownership based on data trends seen over the last decade.
Sirius Property Finance analysed the level of monthly mortgage approvals seen over the last 10 years as well as the average mortgage interest rate for a two year...
Whilst house buyers may currently be cautious, all indications show that with lenders offering more and more products and interest rates so low, the popularity of new build homes continues to rise.
As lockdown restrictions start to ease, and housebuilders are once again opening sales offices and showhomes, Bloor Homes has seen a surge of activity across its developments. This...
