In July, the Chancellor told a summit of financial leaders she was improving the prospects of first-time buyers and lower income property purchasers. Collectively known as the ‘Leeds Reforms’, Rachel Reeves outlined three key announcements that would boost the morale of borrowers across the UK.
Do you purchase property with one eye on adding value and potentially selling on for a profit? If so, you may be wondering whether that’s still achievable in 2025.
Langford Rae Property Agents have been part of the BR6 community since 1986, offering straight-talking advice and deep local knowledge. In this article, we lay bare the realities of the current property market, where fewer buyers, tighter chains, and the need for realistic pricing shape every transaction. For anyone considering a move - or simply curious about property values - this is an essential read that cuts through the noise and focuses on what truly matters for successful selling and buying in BR6.
It’s easy to get caught up in the hype of buying a property – especially if it’s your first home – but there are some important details you should take time to consider. The ownership structure is one of them. Go into this ill-informed and it’s a decision that could come back to haunt you – literally!
The days of leasehold flats could be numbered if the current Government gets its way. While the proposed Leasehold and Commonhold Reform Bill - which would ban new build flats being created as leasehold properties - has been frequently written about, very few column inches have been given to its replacement: commonhold.
A clean home will not only increase your property’s appeal when it’s on the market, it also has the potential to increase its value. That’s the findings of a new study by trade finder website HaMuch.
The stats have spoken and Zoopla said it is now cheaper to buy a property than it is to rent. The key metrics include the average first-time buyer mortgage payment, the average UK rent and the average first-time buyer house price.
The UK property market is experiencing an unprecedented level of choice for buyers this March, reminiscent of conditions last seen in 2015. This increased supply, while offering buyers more options, necessitates that sellers adopt competitive pricing strategies to navigate the intensified competition effectively.
With stable mortgage rates, increased property listings, and competitive pricing, the UK housing market presents golden opportunities this spring. In Orpington, Sevenoaks, and beyond, buyers and sellers can benefit from current trends. Discover why this season could be the perfect time to make a move.
Spic, span and sparkling? No. Some home buyers pass up immaculate, modern properties and willingly head for the shabbiest house in the search results. If you’re on the fence about purchasing a fixer upper, here are four reasons why a wreck could be the right choice.
Rising rents have made homeownership 15% cheaper than renting, thanks to falling mortgage rates. First-time buyers can now secure lower monthly payments, but saving for a deposit remains a key challenge.
Mortgage approvals rose 18% in January, driven by buyers rushing to complete before the April stamp duty threshold change. While this surge may lead to a quieter market post-deadline, demand remains steady. Economic uncertainties persist, but increased valuations signal cautious optimism for a stable property market in the coming months.
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