Barclays has become the biggest UK lender so far to cut mortgage rates as the continued uncertainty caused by US tariff policy raises expectations of interest rate cuts this year. Barclays is reducing the rate on certain fixed-term deals to 3.99%, joining several other lenders who have cut mortgage rates this week. US President Donald …
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After nearly 21 years working with the business, we said farewell to John Adey today who retires from Boxall Brown & Jones. Anyone who has viewed properties with us over that time will have met John and been impressed by his knowledge, friendliness and professionalism. The sales and lettings team gathered to hear farewell speeches …
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The 20 mile walk from Derby to Ashbourne will help to support summer holidays for children who might not otherwise have the chance to enjoy such experiences. Over the past decade, this community-driven initiative has raised over £150,000 for children’s charities and we can’t wait to get involved. Interested? Come and join us! www.cosybikeandhike.com
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Average house prices ended 2024 up by 4.6%, according to early estimates from the Land Registry. The latest Land Registry House Price Index for December 2024 shows average property values rose by £12,000 across the year. This put the average price of a UK property at £268,087 The figure was down by 0.1% on a …
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February and March have been named as the best months to list a home for sale, based on the likelihood that the home goes on to sell. Rightmove analysed millions of properties listed for sale since 2012, excluding 2020 due to the pandemic. Its research found that almost seven in 10 homes (66.3%) listed for …
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The Government appears to have ruled out raising the property price cap for Lifetime ISA savers to make a home purchase. Currently, first-time buyers putting money into a Lifetime ISA can use the funds towards a property purchase up to a maximum of £450,000. This has drawn criticism though as the cap has remained the …
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Average asking prices have increased by the largest amount for January since 2020, Rightmove data shows. The latest Rightmove House Price Index for January shows the average price of property coming to market has increased by 1.7% on a monthly basis and by 1.8% annually. This is the largest increase in asking prices for this …
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Housing Secretary Angela Rayner has committed to leasehold reform this year, despite the latest delays. The Government last year signalled yet more consultations on leasehold reform, covering valuation rates, appropriate legal fees and service charges. This has delayed any reforms to the sector, leaving many leaseholders in unsellable homes. The comments came in Rayner’s first …
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Annual housing supply in England has fallen 6% to an eight-year low, official data shows. Government data shows there were 221,071 net additional dwellings in the 12 months to end March 2024, while delivery is down from 234,292 in 2022/2023. The North East, South West and East Midlands have all seen the sharpest falls in annual delivery, …
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A quarter of the UK’s largest mortgage lenders will not provide home loans against property with spray foam insulation, analysis shows. Spray foam insulation has been marketed as an energy-efficient and a cost-effective way to seal roof spaces, walls, and floors. However, this can lead to unintended consequences. By trapping moisture, it can cause the …
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