What Will the Scrapping of The Lifetime Pension Allowance Mean for Britain’s Strained Buy-To-Let Market? With inflation standing at a 45-year high of 10.4%, there has been a growing trend of Brits – most commonly those approaching retirement ... By UK Property News Editorial Team27th March 20230 News
Finance UK Retail Sales Rose 1.2% in February & Consumer Confidence Hits One Year High UK retail sales rose 1.2% in February, compared to a 0.9% increase in January. The relatively strong result comes as sales volumes in ... By Sophie Lund-Yates24th March 20230
News Blow to Nation’s Homebuyers as Bank of England Raises Base Rate to 4.25% The Bank of England has taken the decision to increase interest rates by a further 0.25%, placing the base rate at 4.25%. This ... By UK Property News Editorial Team23rd March 20230
News UK Cities Where House Prices Are Outpacing Inflation In no less than 22 UK cities, house prices are continuing to outperform the current rate of inflation, as the housing market stands ... By UK Property News Editorial Team23rd March 20230
News A Tale of Two Markets in Latest UK House Price Index The annual percentage change for average UK house prices was 6.3% in the 12 months to January 2023, compared with 9.3% in the ... By UK Property News Editorial Team22nd March 20230
Surprise Rise in UK Inflation While Pensive Mood Descends Ahead of Rate Decisions There is no respite for punishing inflation for consumers and companies, with prices becoming even hotter in February. There had been high hopes ... By Susannah Streeter22nd March 20230 Finance
News Foxtons Lettings Market Index: Average London Rental Prices Hit Record Highs New figures today from Foxtons, London’s leading lettings agent, show that the average rent in February 2023 rose 5% from the previous month, ... By UK Property News Editorial Team22nd March 20230
News Major Broadband Rollout for Cambridgeshire to Benefit 45,000 Rural Homes and Businesses Tens of thousands of people in rural Cambridgeshire will enjoy access to lightning-fast broadband after a major contract was signed to upgrade the ... By UK Property News Editorial Team21st March 20230
News 45% of UK Investors Are in the Dark Over Taxes Due on Investments Almost half of retail investors in the UK do not have a good understanding of the taxes they must pay on their investments, ... By UK Property News Editorial Team21st March 20230
News Remortgagers & Buy-To-Let Investors Bring Biggest Boost to Lending While home movers remained the most prominent category within residential mortgage lending space over the last year, it’s remortgage and buy-to-let investors that ... By UK Property News Editorial Team21st March 20230