Blog
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Mortgage data shows ‘how robust’ the market was before government meddling
Mortgage lenders approved significantly more mortgages than expected in August, the latest Bank of England data shows. Mortgage approvals rose to 74,340 last month, up from 63,740 in July and the highest reading since January. Anthony Codling, former City analyst and now chief executive of proptech firm Twindig, said: “Mortgage…
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More stamp duty changes on the horizon as Labour on course for significant majority
Chancellor Kwasi Kwarteng confirmed a ‘permanent’ stamp duty cut in the mini-Budget announcement on Friday. But the reality is that more changes are likely if the conservatives fail to win the next general election, scheduled to take place in 2024. New polling suggests that Labour is currently on course to…
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Dealing with Japanese Knotweed
Digging Japanese knotweed out of the ground is the most effective way to preserve a property’s value, new research carried out by YouGov for Environet UK shows. The study also found that homebuyers were less reassured if a knotweed infestation has been herbicide treated – meaning it could recur. Earlier…
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Housing industry reacts to latest Bank of England interest rate hike
Interest rates have gone up again for the seventh time in just a matter of months. Mortgage holders, house hunters and savers will be affected by the Bank of England’s decision to increase the rate from 1.75% to 2.25%. Homeowners on Standard Variable Rates or tracker mortgages will be hit…
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Stamp Duty Cuts!!!!!!!!!!!!!!!!
Chancellor Kwasi Kwarteng has confirmed a permanent stamp duty cut in the mini-Budget announced this morning. The government is reforming stamp duty by doubling the level at which people begin paying this from £125,000 to £250,000. This government is also committed to helping first-time buyers get on the property ladder…
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There could be cuts to the stamp duty in tomorrow's mini budgets
Housing industry reacts to stamp duty decision Property industry commentators have reacted after a media report said the government would cut stamp duty in an emergency budget on Friday. The government will announce radical plans to reduce stamp duty in the government’s mini budget tomorrow in a bid to stimulate…
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Need Mortgage advice get in touch today
Another lender has confirmed to us that they will be raising interest rates on some of their products, while others are removing some financial products – What does this mean for your clients? If your clients are looking for finance, there are plenty of reputable lenders that we work with…
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HMO's
Buy-to-let landlords looking to turn property in Dudley into an HMO for up to six people could soon have to apply to the local authority for planning permission under new proposals. Dudley Council, in a bid to clampdown on rogue landlords and improve housing conditions in the PRS, is seeking…
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Sponsor of the Local Harlow football team Harberts
We are delighted to be proud sponsor of the Local Harlow football team Harberts.
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Property Investment 101: Buying and Managing Your First Property
Housing prices are at an all-time high of 336,073 pounds on average in the UK, reports Bloomberg. Rent prices are following suit on the back of increasing demand. Now is a promising time to purchase your first investment property, whether to flip or rent out. Yes, prices are high and…