News

Mortgage rates, house prices and average rents have hit new highs, while stamp duty has been cut in the government’s mini-budget (one of the few changes to remain after Kwasi Karteng’s sacking and the appointment of Jeremy Hunt as the new chancellor), and a property with a place in TV history is on the market! Read on for all this and more in your October property market update.

The biggest hike in interest rates for more than 30 years is expected later this month, a surge in buying activity has been reported by some estate agents in August, while renters are turning to smaller properties to cope with the cost of living crisis.

If you’re selling a property in Bromley, you may have heard about Capital Gains Tax and may be wondering whether or not you’re liable to pay it. As experts in property, I am on hand to give you all the guidance and information you need.

If you’re selling your home in Bromley, one of your most important considerations is likely to be: ” how much are conveyancing fees?” 

So you’ve found the house of your dreams in Bromley. It’s on the right side of town, near a good school, parks are close by and your commute to work has been cut. Perfect. You know roughly when you’ll be moving and you’ve already started thinking about colour schemes and furniture.
But then….

Figures released by property website Rightmove have revealed a drop in house prices for the first time this year. 
According to their data, the average asking price for a UK property fell by almost £5,000 in August to £365,173 –  a loss of around 1.3%.