News

As we reach the end of the second month of the year, the UK property market seems to be settling into a positive pattern, with buyer confidence continuing to rise and mortgage rates coming down.

2024 is upon us already, and the property market is already making a strong start in January. Both the rental and sales markets are thriving as the year begins, and landlords and homeowners alike look set to benefit. So, what’s happening in the UK property market? Read on to find out.

This month, we pick out the key points that affect the housing market from the chancellor’s Autumn Statement. There’s also been an increase in homeowners slipping into mortgage arrears, rents remain on the rise for new lets, and we reveal the best places to buy to avoid stamp duty for first-time buyers.

Read on to find out more.

When it comes to purchasing a property in Bromley, many prospective buyers focus on the concept of school catchment areas and how that can impact their child’s educational future and the value of their property. This blog post explores this important topic, and offers key information for buyers considering property in Bromley. We are here to help you navigate these waters effectively.

Interest rates have risen for a 14th consecutive time, with further increases expected. Average asking prices have fallen sharply, and rent is now cheaper than a first-time mortgage across most of the country. Read on to find out the latest property market news.

Is Leasehold Going To Be Scrapped?

Buying a leasehold property in Bromley means that you’ll need to consider the issue of ground rent – an amount paid to the property’s freeholder each year for the land your property is sitting on.