The average UK home is now worth £2,400 more than it was 6 months ago. But if you own a terraced property in the north, it's likely to be a lot more than that.
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As part of our coverage of the general election, we take a look at stamp duty and what the two major political parties are saying about it.
The average rent for new lets in the UK is £1,226 after a +6.6% rise in the last year. Rents for new lets will rise more slowly this year, but only a major supply boost will help with rental affordability.
The announcement of the UK general election for July 4th 2024 has come earlier than expected—but what does this mean for the housing market?
A third of homes for sale are cheaper to buy than rent, with the average first-time buyer saving £93 a month on a mortgage instead of renting.
Mortgage rates are not expected to fall further this year, but rising wages are likely to improve affordability for buyers as house prices stay flat.
Long term mortgages help to keep monthly repayments lower. But the overall interest you pay can amount to eye-watering sums.
The challenges facing first time buyers and uspizers right now all boil down to one thing: affordability. And buyers in the south of England are suffering the most on this front. Our Executive Director of Research, Richard Donnell, takes a look at what’s happening in the housing market.
The supply of homes for sale has hit a five year high with 20% more homes on the market compared to this time last year.
