Moving House
New base rate reduction
The Bank of England has cut the base rate to 4.25%. Here’s what it means for your mortgage. The Bank of England has voted to reduce the base interest rate from 4.5% to 4.25% in its latest review on 8 May. This move is aimed at stimulating spending and supporting the...
Your guide to the stamp duty changes
The stamp duty threshold changed on 1 April 2025. Here’s what you need to know… You might have seen recently that the stamp duty threshold changed on 1 April 2025. Here’s everything you need to know about stamp duty, from what it is to how much you’ll need to pay when...
House prices see the biggest increase this year
The property market is showing encouraging signs of being busy and thriving, according to new figures from Halifax. House prices have gone up by 4.8% annually, compared to 4% last month, according to the lender. Halifax's latest House Price Index, published on 6...
What’s the difference between a valuation and a survey?
Not sure the best way to discover the true condition of your dream property? Then read on as we explain the difference between a valuation and a survey and why the latter is beneficial. If you’re buying a property for the first time, the checklist of things to do can...
The pros and cons of downsizing
Are you considering moving to a smaller property to help fund your retirement? Here’s what you need to know. Downsizing is the term used to describe moving to a smaller property than your current one. It can be a great option later in life to free up your money and...
Strongest house price increase in two years
Halifax’s latest figures show that property prices have seen the highest increase since November 2022, and the possibility of further interest rate cuts offers hope to homebuyers. According to Halifax, house prices increased by 0.3% in August, compared to a 0.9% rise...
Buyer demand increases
New data reveals the housing market is slowly recovering, with buyer demand rising and supply of homes at a seven-year high. According to Zoopla’s latest house price index, the housing market is steadily recovering from the impact of higher mortgage rates, with house...
Lower mortgage rates from major lenders
A number of major lenders have cut rates below 4% on five-year fixed-rate mortgages, and competition among lenders is hotting up. Following the Bank of England’s decision to reduce the base rate from 5.25% to 5% on 1 August, major lenders are reducing their mortgage...
Most asking prices are being achieved
Property website Zoopla’s latest figures show that buyers are prepared to pay asking prices, and more properties are coming onto the market compared to 2023. The housing market remains stable, with 96.8% of asking prices achieved in July, according to property website...
House prices went up in July
Nationwide’s latest figures reveal a small uptick in property prices, and the latest base rate cut may be another boost to the housing market UK house prices increased by 0.3% month on month in July, according to Nationwide. The lender has published its July House...