The best time to sell your home
We’re all relieved that spring is here – it’s been a long, difficult winter. But for sellers, there’s some good news: spring to early summer has historically been the best time of year to put your house on the market1. Where flowers bloom, so does hope Spring is traditionally an optimistic time of year, buoying […]
What did the 2021 Budget have to say about housing?
Rishi Sunak stood up on Wednesday 3 March to give his highly anticipated Budget speech to the House of Commons. While other coronavirus support measures were first on the agenda, the Chancellor’s speech also revealed some important housing measures. Extension of Stamp Duty holiday The Chancellor announced a three-month extension of the temporary £500,000 nil […]
Mortgages: A brief history
To reach their dream of homeownership, most aspiring buyers depend on being offered a mortgage. In Q2 2020, the outstanding value of all residential mortgage loans had reached a staggering £1,513.3bn1. But where did it all start? Pre-1900s Estimates of homeownership are sketchy prior to the 20th century, but data from 1831 has led to […]
How much space can £231k buy you?
A study1 has revealed that, based on the UK’s average house price of £231,000, the West Midlands is the UK region with the most living space. Many properties in this region have around 30% more space than average at 104.92 sq m. Buyers can also expect to benefit from a higher-than- average number of bedrooms […]
Is your loft a gold mine of undiscovered treasures?
Most houses have at least a little clutter lying around. Maybe a few old schoolbooks circa 1960, or some of the children’s old teddies; lofts and cupboards across the country are full of what optimists might call ‘keepsakes’ and what others would label ‘junk’. Over the years, some priceless artefacts have been uncovered in the […]
Go green in 2021 with a grant
Launched in September 2020, the Green Homes Grant is a government scheme that allows homeowners in England to claim vouchers of up to £5,000 to help pay for energy-saving home improvements. Examples include insulating your home to reduce your energy use or installing low-carbon heating to lower the amount of carbon dioxide your home produces. […]
Equity release market shows signs of recovery
The equity release market is gradually showing signs of recovery following the initial lockdown last spring, although activity is still below the previous year’s levels. A total of £963m of equity was released in Q3 2020 by new and returning customers, according to data from the Equity Release Council (ERC), up 38% from Q2 but […]
Mortgage ready in 2021, know your A, B, Cs and Ds
Here’s a quick reminder of your mortgage ready tips for the year ahead: Advice – Choosing the right mortgage deal can be a challenge, which is why we’re here to advise and support you throughout the process and help you find the right deal for your circumstances. Budget and Be prepared – Go through your […]
We’re here for you in 2021 and beyond
Whatever 2021 has in store, we want to reassure you that we’re here for you and your financial planning needs. In addition to uncertainties created by the pandemic, Brexit, trade and political issues will no doubt persist. As always, the only real certainty is that we live in uncertain times. There are many factors involved […]
Property market – the latest
When the property market reopened in mid-May last year, pent-up demand, combined with many people reassessing their housing needs following lockdown, led to a surge in buyer demand. Demand was further bolstered when, in July, the Chancellor announced a Stamp Duty holiday, during which the first £500,000 of most residential property purchases in England and […]