The Bank of England’s Monetary Policy Committee (MPC) has unanimously voted to keep the bank rate at 0.10%.
July saw average void periods drop across almost every region in England, reaching the lowest level since August 2019, according to the latest rental index from Goodlord.
Average house prices are up 30% since the market peak in 2007 as successive lockdowns prompt buyers to search for more space.
The challenges posed by Covid-19 has left few markets with much to celebrate over the past 18 months. Naturally, countries everywhere have seen vast recessions which have halted short-term investment and placed under severe doubt long-term growth plans.
Landlords who own leasehold properties in low and medium-rise apartment blocks affected by the cladding scandal will no longer have to supply an EWS1 form when selling or remortgaging their properties, the government has announced.
New data from Mortgage Advice Bureau (MAB) has found that 89% of mortgage advisers believe first time buyers need more education on purchasing a property and what is needed for a mortgage application. In a recent survey of over 200 mortgage advisers, MAB sought to discover some of the main sticking points advisers come across in first time buyer mortgage applications.
HM Revenue & Customs has warned of what it calls the “negative impacts” of the pandemic on the latest property transactions figures.
2021 has seen the busiest H1 ever, according to data recorded by Rightmove, while average house prices coming to the market have hit a record high for the fourth consecutive month.
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