The majority of homeowners and prospective movers will have a mortgage as part of their property plans, therefore it’s important to keep tabs on both interest and mortgage rates. In August 2022, the Bank of England increased the interest rate by 0.5 percentage points to 1.75% – the biggest increase in 27 years.
What you think Generation Z want from a rental property and what they would actually like may surprise landlords hoping to target students, recent graduates and young professionals. A new survey of more than 2,500 people aged between 16-25, featured in an article published by PBSA News, set out to establish what was important to them in a rented home.
July provided the experts at Zoopla with the perfect opportunity to evaluate how the last two years have affected the UK property market. Its headline statistic – pandemic housing boom creates 270,000 property millionaires – won’t apply to the majority of homeowners but the rest of its analysis will.
We use the expression ‘first impressions count’ for good reason and potential buyers faced with an exterior that’s cracked, flaking and grubby will make quick assumptions about your property.
Being a landlord is about running a profitable investment, but for some, it is becoming harder to protect margins and generate a meaningful income. Now is a good time to examine your landlord status – is it best to be a private operator or a limited company?
If you follow politics, you’ll know it’s a case of ‘all change’ at the Conservative party. While the headline news is the resignation of our Prime Minister and the voting-in of a new leader, there was a reshuffling within the lower ranks that may have an effect on the property market.
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