As part of our coverage of the general election, we take a look at stamp duty and what the two major political parties are saying about it.
The latest articles on research
The average rent for new lets in the UK is £1,226 after a +6.6% rise in the last year. Rents for new lets will rise more slowly this year, but only a major supply boost will help with rental affordability.
The announcement of the UK general election for July 4th 2024 has come earlier than expected—but what does this mean for the housing market?
A third of homes for sale are cheaper to buy than rent, with the average first-time buyer saving £93 a month on a mortgage instead of renting.
Long term mortgages help to keep monthly repayments lower. But the overall interest you pay can amount to eye-watering sums.
The challenges facing first time buyers and uspizers right now all boil down to one thing: affordability. And buyers in the south of England are suffering the most on this front. Our Executive Director of Research, Richard Donnell, takes a look at what’s happening in the housing market.
The supply of homes for sale has hit a five year high with 20% more homes on the market compared to this time last year.
Home buyers are currently facing an annual increase of £4,300 on their mortgage repayments, rising to £7,500 in London.
Buyer confidence is improving and 12% more homes are going under offer compared to this time last year. Mortgage approvals for home purchases are also up 32%.
