Are you thinking of buying a new build? The good news is there are more regulations than ever that protect buyers of newly built homes. It can be difficult to keep up with these changes, so here’s what you need to know.
A new Labour government – what next for housing?
Following the Labour Party’s landslide election win, what changes might be in store for the UK housing market?
A report from Carter Jonas indicates some growth in commercial markets recently
According to MSCI, annual retail rental growth was 0.9% in May – the highest annual growth rate since 2016. While rental values have grown modestly since 2022, values are still 17% lower than the peak seen in 2018.
Do you have hopes to buy? Whether you’re looking to get on, move up or down the ladder, your property dreams are possible with a little preparation. Here’s how you can get yourself mortgage-ready this summer.
Housing market update
The UK housing market continues to show modest signs of recovery, according to the latest data from Savills.
Nobody wants to pay too much for their home. During the home buying process, there are many causes of stress. Making sure you don’t overpay doesn’t need to be one. That’s because getting the right survey can give you peace of mind that you are paying a fair price.
RICS responds to the Spring Budget
The Royal Institution of Chartered Surveyors (RICS) has released a statement in response to the Spring Budget.
A recent study1 suggests that some Brits are superstitious, as homes numbered 13 are valued lower than the average property.
Positive start to the year for the housing market
Increased demand from buyers and sellers is helping to get the housing market back on track this year.
Gazundering in a buyer’s market
Research1 has found that, in 2023, there was a 97% increase in people googling the term ‘gazundering’ – when a homebuyer reduces their offer on a property at the last minute, often just before exchange of contracts. About a third of sellers were subjected to gazundering last year2, indicating the property market currently favours the buyer. Gazundering is less common in Scotland because, while it does still occur, Law Society of Scotland governs the activities of solicitors acting on behalf of property buyers.
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