Posted on Tuesday, 27 August, 2024
The recent survey conducted by Rightmove among over 1,600 active landlords highlights the key concerns and priorities of landlords in the current market. Here are the top three things that landlords want from a letting agent based on the survey: 1. Guidance on Legislation and Reassurance on Compliance 2. Making…
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Posted on Thursday, 1 August, 2024
The Bank of England (BoE) has announced it will lower the Base Rate to 5% this month, marking a 0.25% reduction and the first cut in four years. The Base Rate had been steady at 5.25% since August 2023, following 14 consecutive increases. The Bank had been raising and maintaining…
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Posted on Thursday, 13 June, 2024
We’re delighted to have been awarded the British Property Awards 2024 Gold Winner for Estate Agent in Uxbridge!
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Posted on Monday, 6 May, 2024
For those contemplating purchasing a home, the current mortgage rates in the UK are a pertinent consideration. Mortgage lenders regularly adjust the rates of their products. Consequently, we provide weekly updates on average mortgage rates, allowing for easy comparison with the previous week’s figures. Moreover, you can assess rates across…
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Posted on Saturday, 9 December, 2023
From all of us at Lakin & Co, we wish you a happy Christmas and New Year! 🎄🎁🎅 Please find our opening hours over Christmas.
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Posted on Monday, 4 December, 2023
Average mortgage rates have been steadily decreasing since July, providing a more stable and predictable environment for homebuyers compared to the volatility of the previous year’s mortgage market. Currently, the average two-year fixed rate stands at 5.52%, and the average five-year rate is 5.11%. Despite the improved outlook for mortgage…
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Posted on Monday, 13 November, 2023
The year has exceeded expectations, with sellers adopting more competitive pricing strategies. The average property asking price is now £362,143 and the average rent £1,231 PCM The current year is surpassing expectations, with sellers adopting more competitive pricing strategies. This month, average new seller asking prices have decreased by 1.7%…
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Posted on Tuesday, 7 November, 2023
The UK’s average house prices broke a streak of six consecutive monthly declines in October, witnessing an increase of nearly £3,000 compared to September’s values, as the cost of a typical home rose. The latest data unveiled by Halifax has reported an unexpected surge in average housing prices for the…
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Posted on Friday, 27 October, 2023
In the latest survey by Landbay, 32% of buy-to-let landlords participating in the study expressed their intention to purchase property within the next year. In spite of consistently elevated interest rates and an atmosphere of uncertainty regarding the government’s long-term intentions for the rental sector, Landbay’s most recent survey reveals…
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