Residential Property Review – March 2021

Stamp Duty holiday extension In his Budget on 3 March, Chancellor Rishi Sunak confirmed an extension to the Stamp Duty holiday in England and Northern Ireland. Rather than ending on 31 March, as originally announced, the nil-rate threshold for Stamp Duty will remain at £500,000 until 30 June. The extension means that buyers will save … Continue reading “Residential Property Review – March 2021”

How will house prices move in 2021?

Having hit an all-time high in December 2020, UK house prices once again stand on the brink of uncertainty. Will the fall, rise, stay the same – or something else? Despite being one of the most economically turbulent years in living memory, 2020 ended with UK house prices – almost incredibly – at a record … Continue reading “How will house prices move in 2021?”

90% mortgages are back – but there’s a catch

First-time buyers can once again get on the property ladder with a deposit as low as 10%. However, the interest rates they now face may exceed 5%. Are there still affordable first mortgages out there? After several months being shut out in the cold, first-time homebuyers can now borrow up to 90% of the value … Continue reading “90% mortgages are back – but there’s a catch”

Residential Property Review – November 2020

Housing market activity remains strong The October ‘UK Residential Market Survey‘ from the Royal Institution of Chartered Surveyors (RICS) reported another strong month for the housing market across the UK. The survey feedback indicated that buyer enquiries, agreed sales, new instructions and prices have all remained firm. A net balance of +46% of respondents cited … Continue reading “Residential Property Review – November 2020”

Residential Property Review – October 2020

Our monthly property market review is intended to provide background to recent developments in the residential property market, as well as to give an indication of how some key issues could impact in the future. Housing market activity remains robust – for now Across the UK, housing market activity continued to advance strongly in September, … Continue reading “Residential Property Review – October 2020”

Residential Property Review – September 2020

Our monthly property market review is intended to provide background to recent developments in the residential property market, as well as to give an indication of how some key issues could impact in the future. Residential market shows strong momentum The latest UK Residential Market Survey from the Royal Institution of Chartered Surveyors (RICS) shows … Continue reading “Residential Property Review – September 2020”

Financial decisions are hardest – but are women better at them?

Research by UCL and Barclays has confirmed that people struggle most of all with financial decisions. But while some women are emerging as more confident investors with the rewards to show for it, others are being left behind. Believe it or not, people agonise more over where to invest their money than they do over … Continue reading “Financial decisions are hardest – but are women better at them?”

Remortgage to renovate: the new UK property trend

A growing number of homeowners are turning to remortgaging to release funds to improve their homes and raise their value. Meanwhile some lenders are seeing remortgagers as a safer prospect than new buyers, resulting in better deals becoming available. Being locked down at home has given millions more Brits a chance to notice the peeling … Continue reading “Remortgage to renovate: the new UK property trend”

Residential Property Review – August 2020

Our monthly residential market review is intended to provide background to recent developments in property markets, as well as to give an indication of how some key issues could impact in the future.  House price recovery continues July saw house prices enter positive territory for the first time since March, with a net balance of … Continue reading “Residential Property Review – August 2020”

Residential Property Review – June 2020

Buyer enquiries stabilise – but house price falls remain likely May saw a considerable upswing in buyer enquiries from a record low net balance of -94% in April to -5% in May, according to the latest Residential Market Survey from the Royal Institution of Chartered Surveyors (RICS). Newly agreed sales increased from -93% to -35%, … Continue reading “Residential Property Review – June 2020”