UK Property Blog – Advice on Buying, Selling and Renting Property or Land

In February 2018 the price of property in the United Kingdom has jumped by over £2,000. This means that the average price for a property in the UK has risen to more than £300,000 and is the first price rise since November 2017. Rightmove, the property portal, reported that there had been record house buyingRead more

In the last decade rents have doubled meaning that the amount paid by tenants could easily equate to a mortgage on their own home. In the United Kingdom in 2017, tenants paid out an incredible £50 billion which is more than twice the amount paid out 10 years previously. Countryside, which is the largest estateRead more

In December 2017 the mortgage lending numbers had fallen to their lowest level since January 2015. Potential buyers for very expensive properties in the South East of the United Kingdom lost interest. According to the Bank of England, new mortgages required for house purchases were at their lowest since January 2015. In December 2017 newRead more

Property investment, and particularly the buy to let sector, received a great boost recently when new data released from Commercial Trust (a well respected buy to let mortgage broker) showed that those in the younger age bracket had a preference for investing in property rather than investing in a pension. The data from Commercial TrustRead more

Rents have been steadily rising over the last few years and in November 2017 they fell for the first time in a long time. The main reason for this slow down is the slow rental growth in London. This has skewed the national rental average downwards. In November 2017 average national rents fell by 0.01%.Read more

There was recent research conducted by the National Landlord’s Association (NLA) which revealed that as many as 20% of its membership base have a plan to sell a number of properties in their portfolio. This is the highest level of planned property sales in the membership in a decade. There is a firm belief thatRead more

It can be really tough these days for first time buyers to get a foot on the property ladder. The Chancellor is trying to help by abolishing stamp duty for properties under a certain value. But you will need more than this. You need to keep your motivation going so that you can achieve yourRead more

Will 2018 be a better year for the UK property market or will it be worse? Tenants and first time buyers face uncertainty again so we have taken a look at the factors that we believe will influence the property market in 2018. Interest Rates We predict that interest rates will remain low. There isRead more