by peter littlewood | Apr 2, 2024 | Industry News
The Telegraph is reporting that the first quarter of 2024 saw a significant milestone for first-time buyers in the UK housing market, with a record 33% of all homes sold being purchased by first-time buyers. This increase was fueled by falling mortgage rates, making...
by peter littlewood | Apr 2, 2024 | Industry News
The latest figures from lettings agency Hamptons suggest that the popular narrative about first-time buyers being priced out of the market, partly by landlords, may not be entirely accurate. According to their data, slowly reducing mortgage rates this year have led to...
by peter littlewood | Apr 2, 2024 | Industry News
Propertymark is advocating for agents to proactively prepare for impending regulation within the property sector. They emphasize the importance of adhering to a code of practice, obtaining minimum qualifications, and securing licensing for estate agents throughout the...
by peter littlewood | Apr 2, 2024 | Industry News
The government in England is planning to revise its Renters (Reform) Bill to address concerns from landlords while still aiming to provide security for tenants. Critics argue that these changes will favor landlords, while ministers are responding to criticism from...
by peter littlewood | Apr 2, 2024 | Industry News
The property market in Cornwall, which experienced a significant boom during the pandemic, has now started to cool down, with houses and flats selling for less compared to last year and taking longer to sell. According to estate agents Hamptons, the average property...