Interest rates in major economies are expected to fall in the future because of low productivity and ageing populations, according to a forecast.
A prominent estate agency says landlords and other property owners considering selling this spring must be realistic about asking prices.
With the current tax year due to end on the 5th of April 2023, many homeowners and property investors will be turning their attention to the 2023/24 tax year, which, following the ill-fated mini-budget and the Autumn Statement U-turn that followed, could be a little more complicated to navigate than in previous years.
Over the last couple of years, the Government has made several changes to how income and profits are taxed. Some of these will take effect from the new tax year on 6th April, with higher earners and those letting via a limited company most affected.
A new target date of 2028 for landlords to achieve an EPC C rating has been set by the Government, according to the Daily Telegraph.
Landlords are being urged to adhere to new regulations for their properties or face thousands of pounds of fines.
A members’ bill seeks to raise energy efficient ratings for homes and offices by 2033
Canning Town is finally achieving the recognition it deserves, as reported in the Metro. Our office is situated in the heart of the area, so please contact us for any of your property needs.
First-time buyers could easily be forgiven for feeling daunted by the property market today. Property prices remain high while the fallout following last year’s mini budget saw inflation soar and ended years of rock bottom interest rates.
Homebuyers looking to secure a mortgage are now facing more choice and lower rates than six months ago.
While home movers remained the most prominent category within residential mortgage lending space over the last year, it is remortgage and buy-to-let investors that have seen the largest uptick in activity, according to fresh market analysis shows.
The latest rise in the base rate to 4.25% is unlikely to have an impact on mortgage rates in 2023, which are set to stay at 4% - 4.75%.