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Mortgage Approvals For July Were At The Highest Level…….

Average house prices and mortgage approvals hit new highs during the summer months, in a positive sign for the property market.  Nationwide data shows average UK house prices rose at their highest annual rate since December 2022 during August.  The latest Nationwide House Price Index shows prices rose 2.4% on average to £265,375 last month.  This

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20 Year Celebrations

This year marks a big milestone for three of our colleagues who are celebrating 20 years working with Boxall Brown & Jones.  Claire Taylor, Tracey Davis and Dawn Barker started working with the business in 2004 and we can’t believe how quickly the years have flown by. We would like to say a heartfelt ‘thankyou’

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UK PROPERTY MARKET BUOYED BY INTEREST RATE CUT

Home-buying activity in the UK is expected to surge this autumn, according to analysts, after the Bank of England’s first base rate cut since 2020 injected optimism into the property market. The central bank on Thursday reduced interest rates by a quarter of a percentage point to 5 per cent, in a knife-edge vote that

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Homebuyers facing 50-50 chance of August interest rate cut

HSBC has promised rate cuts this week as mortgage pricing continues to drop, but it is unclear how much further pricing will fall. It comes as inflation held steady at the Bank of England’s 2% target last week, raising hopes of a cut to the cost of borrowing in the coming months – but recent

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Sales expectations rise with General Election out the way…..

Sentiment about sales volumes among surveyors and estate agents is at its most upbeat level for more than two years and may improve with the election out the way, RICS suggests. It comes as the June RICS Residential Market Survey highlighted subdued activity in the run up to the General Election but increased optimism for

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Property sales ‘steady’ despite General Election

Buyers and sellers are proving determined to press ahead with their home moves despite the looming General Election, research suggests.   Data firm TwentyEA, part of the TwentyCi group, examined data across the 14 days since the General Election was announced and found the number of listings that were sold subject to contract (SSTC) was

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