Selling your home, or renting it out: What are the pros and cons?
The UK property market effectively 'shut up shop' along with the rest of the country on March 23rd this year as the government implemented lockdown measures to combat Covid-19, effectively closing the door on the plans of many who were due to move home.
HACKS FOR FIRST TIME BUYERS
Whether you’re starting a family and need a bigger family home, you’re starting out with your personalised bachelor pad or you just don’t fancy sharing with mum and dad anymore, being a first time buyer isn’t always the easiest position to be in. While there are many ways to get your hands on your first home not everything is going to suit you and your personal circumstances. So what are you options and how can you find the perfect home for the best deal?
Buy-to-let mortgage market picks up
The choice of mortgages nearly halved during the early months of the coronavirus pandemic. Find out what’s happened since.
The buy-to-let mortgage market is showing signs of recovery after the number of deals nearly halved during the early weeks of the coronavirus pandemic.
Home repossessions fall to ‘unprecedentedly low levels’
No homes were repossessed in the UK in the three months to the end of June, following the introduction of mortgage holidays and the Coronavirus Act.
The number of homes being repossessed fell to a record low in the second quarter of this year.
Nearly half of first-time buyers opt for longer mortgage terms
With the average deposit as much as £42,361, many first-time buyers are choosing 30-year mortgages to boost affordability.
Nearly half of first-time buyers are opting for mortgage terms of more than 30 years, according to the latest figures.
Homeowners can add two storeys to their homes without full planning permission under new fast-track law
The government wants to speed up the extension approval process to allow homeowners to make more space for growing families from September.
How to move house sustainably
If you’re looking for ways to reduce your impact on the environment, one area you can make changes is when you’re moving home.
“In 2018, the transport industry as a whole was responsible for almost a third of all CO2 emissions in the UK, and moving house contributes to this total,” says Sam Rose, Company Director at ‘environmentally-aware’ removal company Green Man & Van.
Why are so many people moving this summer?
Buyers across the country are swapping sand and sun for bricks and mortar as demand for property continues to soar well into the summer.
We normally see the housing market slow down at this time of year as people go on their summer holidays.
Housing market sees busiest month for over ten years
Buyers and sellers have been rewriting the housing market rulebook this summer as more people are moving home than ever before.
July is typically a quieter time of year as people go away on their summer holidays, but last month was extraordinarily busy for home-movers across the UK.