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Viewing entries tagged with 'property market'
Last week, the Bank of England announced it was raising its base rate from 0.5% up to 0.75%. This is only the second base rate rise in a decade, and financial advisors are busy calculating the impact it’s going to have on mortgages, savings and the property market.
In November 2017, the government made many first-time buyers exempt from paying stamp duty land tax in England, Wales and Northern Ireland.
Buying a hotel is out of the question for most of us. But buying a hotel room can be an attractive proposition as it gives you a foot in the door of a high yielding industry.
Most property investors will stash away a certain amount of cash in reserve. That way, they can deal with any unexpected property expenses that come their way.
Demand for property in the UK is increasing – and supply isn’t keeping pace.
Data from ARLA Propertymark revealed a rise of 8% in March this year of tenants looking for property, and the same data showed that in the same month, 23% of tenants experienced rent rises – the highest proportion since September 2017.
Knowledge is power. Why? Because you need to understand property pricing before you can put in a realistic offer.
Off-plan and new builds
Land, build costs and profit margin are the main elements that go into the pricing of a development and determine the cost of off-plan and new builds.
Launched in April 2013, the Help to Buy scheme was created to help those with small deposits to buy a new home.
Blockchain is being hailed as a new technology that could reinvent the property sector.
Recently, high street banks were given a warning by the Bank of England about taking risks by selling mortgages or commercial loans that could threaten the stability of the financial system.
As we’re a good way into 2018, let’s take a look at how the housing market is faring so far this year – and review some of the predictions from property experts.