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…
Read MoreThe 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%…
Read MoreRightmove has reported the price of property coming to market rises by 2.3% this month (+£7,785) to a record of £348,804, the biggest monthly jump in pounds recorded by Rightmove in more than twenty years. February picks up where January left off, as the second month of the year proves…
Read MoreProperty analysts are suggesting slower growth in 2015 than 2014, with a near consensus among them on what that growth in property prices will be – predicted at about 4%. However, not all analysts were accurate with last years predictions admitting that they had underestimated the effect of government stimulus measures…
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