Mortgage choice increases with 5,000 deals now available
The number of mortgage deals available has broken through the 5,000 barrier for the first time in more than a year. Key takeaways A total of 5,146 mortgage products are now available, the highest level since February 2022, according to financial information group Moneyfacts. The increase in choice is across all deposit levels, with nearly […]
The average home seller made £67,000 profit in 2022
97% of sellers made a profit from the sale of their property in 2022, with the average home earning £67,000. Key takeaways The Covid-19 pandemic triggered unprecedented demand for homes. As a result, the average value of all UK homes rose by £48 a day on average. Our analysis of property sales in 2022 reveals that the […]
What is the Energy Price Guarantee?
The Energy Price Guarantee (EPG) is a temporary measure from the government that limits the amount you can be charged per unit of gas or electricity used. Before this was put in place, there was already a measure to limit the amount energy companies can charge, called the Energy Price Cap. This was launched in 2019 […]
90% of home-hunters would consider buying a fixer-upper
New research by Rightmove has found that over 90% of home hunters would consider buying a property that needed renovating. To help those ready to start their next project, we asked two property experts with decades of experience in the housing industry to share their guidebooks for creating the perfect renovation home, and we’ve found some […]
Over a quarter of homes are listed for longer than 6 months
More than a quarter of properties currently up for sale on Rightmove have been listed for longer than six months, new research has shown. So far this year, 28% of available homes on the UK’s number one property portalhave been on the market for more than half a year. There are 8% of properties that have […]
How do average house prices vary across Great Britain?
If you’re thinking of making a move, you’ll know there have been plenty of headlines about house prices recently. Average asking prices usually increase in January, after the quiet home-moving period over Christmas. And after two previous months of price falls in November and December, we’ve seen the average asking price of a home in Great […]
4 simple improvements to help sell your home
And sales are expected to be hit next year, with a drop stemming from mortgaged buyers, particularly first-time buyers, according to the forecast. However, estate agent Hamptons say 2024 could be a “year of recovery” helped by some pent-up demand from 2023. House prices are expected to be 2% higher in the fourth quarter of 2024 than in the […]
