Will it be wise to invest in 2024?
The year 2023 has presented challenges for property investors, but it has also unveiled some opportunities that were scarce in recent years. On one hand, the upward trend in base rates leading to increased mortgage rates since September 2021 has exerted pressure on existing investments. Investors now need to carefully assess whether deals remain viable […]
The London Property Market – what’s happening NOW
The London residential property market is facing a number of challenges in 2023. The cost of living is rising, interest rates are increasing, and there is a shortage of supply. However, there are also some positive signs, such as strong demand from overseas buyers and a limited number of new homes coming onto the market. […]
London House Prices – up, down….and up again
The London property market is facing a number of challenges in 2023, including rising interest rates, inflation, and a shortage of supply. As a result, house prices in the capital have been falling in recent months. According to the latest data from Nationwide, the average house price in London fell by 0.2% in June 2023. […]
The Holy Land of the Metaverse…do you want some??
Real estate has traditionally been a significant component of investment portfolios for many individuals. However, in addition to physical properties, today’s investors are also considering an alternative type of asset—virtual land. Building a portfolio of virtual real estate has the potential to become the next big trend for those willing to embrace new technology. Virtual […]
Know your EPC from your ABC
An Energy Performance Certificate (EPC) is a rating of the energy efficiency of a home. It is a legal requirement for all homes in the UK that are being sold or rented. The EPC rating is on a scale from A to G, with A being the most energy efficient and G being the least […]
How did the value of your property fare in the last 12 months?
2022 was a year of two halves for UK housing. In the first half of the year, house prices grew strongly thanks to record-low mortgage rates and a continuation of the pandemic-driven desire to move. However, in the second half of the year, the picture became less rosy as rising living costs and a jump […]
What buyers are looking for this year
Early buyers in 2023 are becoming more value-conscious, as they are facing higher mortgage rates, inflation, and the cost-of-living squeeze. This is causing them to hunt for smaller homes, such as 1- and 2-bed flats. According to data, 27% of new buyers are looking for 1- and 2-bed flats, up from 22% a year ago. […]