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JUNE 2024
Bank of England Urged to Cut Interest Rates

The UK annual inflation rate is expected to drop to the Bank of England’s target of 2% in May, from 2.3% in April, when the latest data is released today.

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JUNE 2024
Nearly Half of Landlords Plan to Invest in Property in the Next Year, Survey Reveals

A recent survey by specialist lender Landbay shows a significant rise in landlord confidence, with nearly half (44%) of respondents indicating their intention to buy property within the next 12 months.

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JUNE 2024
What Does a General Election Mean for the UK Housing Market?

Overall, we don’t see the election having as big an impact on the housing market as previous years, this is due to there not being a huge divide in policy between the two main parties.

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MAY 2024
Labour Calls for Suspension of the Right to Buy Housing Scheme

Labour’s Andy Burnham is calling for a suspension of the Right to Buy housing scheme, claiming it exacerbates the housing crisis by reducing the stock of social homes.

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MAY 2024
Taxes are Forcing up Rents

The rise in private rents across England, Wales, and Scotland over the past year has been attributed to various tax and regulatory changes affecting landlords, according to Propertymark, the letting agents’ trade body.

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MAY 2024
Interest Rates Held at 5.25%

Andrew Bailey, the Governor of the Bank of England, has signalled that interest rates will likely need to be cut in the coming quarters to maintain inflation at the 2% target.

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MAY 2024
The Mortgage Mistake Costing the Average Homeowner £3,000

New research by the personal finance comparison site finder.com shows that almost a third (31%) of homeowners have let their mortgage slip into a higher rate for at least 1 month after their fixed-rate deal has ended.

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MAY 2024
Only 1 in 10 Homebuyers Instruct a Home Condition Survey in Q1 2024

In terms of a survey split, the Index shows that 61% of buyers commissioned the RICS Home Survey Level 2, with a third (33%) taking out a RICS Home Survey Level 2 with Valuation and 6% opting for a RICS Home Survey Level 3.

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APRIL 2024
Housing Market Continues Spring Revival

Rightmove says homeowners are springing into action, with Thursday 28 March seeing the highest number of new sellers coming to the market in one day so far in 2024, and the third largest since August 2020.

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