by Taryn Johnston | Aug 26, 2022 | Mortgages
Thousands of leaseholders who paid double ground rent will receive money back, as nine companies remove costly terms from contracts. The firms all bought freeholds from leading housing developer Taylor Wimpey. The freeholds had contract terms that caused rents...
by Taryn Johnston | Aug 16, 2022 | Mortgages
A leading economist has warned that the Bank of England (BoE) could increase interest rates by another 0.5% to 2.25% at the next Monetary Policy Committee (MPC) meeting. The warning comes as the number of job vacancies fell for the first time in two years, while...
by Taryn Johnston | Jul 20, 2022 | Mortgages
Inflation in the UK reached 9.4% in June, setting a fresh 40-year record high, according to the Office for National Statistics (ONS). The latest figure is driven by a 42.3% rise in the price of motor fuels year-on-year and an increase of 9.8% in the price of food and...
by Taryn Johnston | May 26, 2022 | Mortgages
Zoopla has reported that the average price of property coming to market has hit a new record for the fourth consecutive month, rising to £367,501. This month’s increase of 2.1% (+£7,400) is the highest at this time of year since May 2014, and marks a national jump of...
by Taryn Johnston | Apr 4, 2022 | Mortgages
Property prices are now 21% higher than before the pandemic struck in early 2020 Annual house price growth increased to 14.3%, according to Nationwide, from 12.6% in February. The building society said this marked the highest level of growth since 2004, taking the...
by Taryn Johnston | Mar 22, 2022 | Mortgages
The average price of a property coming onto the market came to £354,564 in March, shows the latest house price index from Rightmove. This 1.7% monthly increase, which compares to 2.3% in February, is the largest recorded for March since spring 2004. It also means that...
