As of April 2025 the Renters Reform Bill will come into action as passed by Parliament and it will be the most important renters reform since the Housing Act of 1988.
UK Property Market in Autumn 2024: Current Trends
As autumn 2024 rolls in, the UK property market is navigating a period of adjustment and uncertainty. After the extraordinary growth in house prices over recent years, driven by factors like low-interest rates and a demand-supply imbalance, the market has shown signs of cooling. For buyers, sellers, and investors alike, understanding current trends and projections is crucial to making informed decisions in this shifting environment.
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Inflation Surprise: Decreasing Inflation Rate and what it could mean for the property market?
Inflation Surprise: Decreasing Inflation Rate and what it could mean for the property market?
Inflation, the persistent increase in the prices of goods and services, can cast a shadow over various aspects of the economy, including the property market. However, for prospective homebuyers, a silver lining emerges when inflation takes a downward turn. The Bank of England faces less pressure to increase interest rates after inflation fell from 8.7% to 7.9% this week.
Double Whammy Sales, Work Experience and Happy Tenants
News of the week
Lets celebrate some recent events at R&R!
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Navigating the Mortgage Rate Increase: What buyers need to know
On the 22nd June 2023 the mortgage rates in the UK experienced a significant increase, sending ripples of concern across the housing market. For potential homebuyers such news has raised questions about the impact on their financial plans and the overall housing landscape.
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Advice for homebuyers following the increased Mortgage Rates
While the mortgage rate increase presents challenges, there are strategies that homebuyers can employ to navigate the changing landscape effectively:
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Investing in Wolverhampton
Wolverhampton has become a ‘Hot Topic’ of conversation, thanks to the recent Levelling Up programme where Wolverhampton will benefit from significant Government grants (a share of £1.5 Billion funding) for major new regeneration and infrastructure of the city as a whole.
