With mortgage and interest rates at some of their highest rates in 15 years and a notable contraction in mortgaged house purchases, it’s a troubling time for home buyers.
2023 has been a tough year for the property market so far, in the main due to increases in interest rates, and the knock on effect this has had on mortgage deals.
The UK Finance Household Finance Review for Q1 2023, has shown the cost of living and increases in interest rates are having a very much demonstrable effect on household affordability limits.
In 2020 the housing market defied all the odds and steamed ahead during a global pandemic. Pent up demand and the current (at time of writing) Stamp Duty Land Tax (SDLT) holiday saw buyers flock [...]
Since the COVID-19 pandemic hit, it has made many people reassess how they live their lives. None more so than the spaces which they currently reside in. After the strong ‘stay at home’ messaging [...]
It was the beginning of a new decade, yet the year was quickly shaped by a global pandemic. The housing market for the first quarter showed signs of growth which were quickly quashed with the [...]
After a turbulent 2020, there is much hope pinned on 2021 to be a better year. Yet, from a conveyancing business perspective, 2020 wasn’t a terrible year. The housing market got off to a positive [...]