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With stamp duty rates changing for many buyers from 1st April 2025, many movers are stepping up their search for a property at a traditionally quiet time in the market. This sentiment was reflected in Rightmove’s November House Price Index. The portal said the number of sales being agreed is 26% higher now, when compared to the same period in 2023.
The first Labour Budget for 14 years was a hotly anticipated political event, with rumours swirling in the build-up. Now, with Rachel Reeves safely back in No. 11, we can start digesting the contents. Here is what’s relevant to home movers.
More rain, less daylight, kids back to school? It can only mean one thing. Autumn is here. September usually marks the start of a peak in the property calendar and 2024 proved no different.
The UK property market has undergone significant shifts since the summer of 2020, driven primarily by the post-lockdown race between the summer of 2020 and late 2021 and then a rapid series of interest rate hikes aimed at curbing inflation in 2022 and 2023.
Many people have been away or enjoying some semblance of the British summer. Despite the departure from the hectic 9-5, August hasn’t been a quiet time in property. There are a variety of facts and stats to digest, starting with how a recent base rate reduction affected the housing market.
Finally some proper summer weather has arrived but are we looking at a property market also about to heat up? It’s a case of ‘steady as she goes’ in July, with consistent activity. There are, however, indications that more home movers are primed to take action soon.
Roll the clock back to 1979, a year marked by a seismic shift in the UK government with Margaret Thatcher coming to power. This was a momentous time for the country, symbolising a new direction. Fast forward to 2024, and we could be about to experience another significant change with Sir Keir Starmer leading the Labour Party to victory.
Politics, especially the period before an election, can be hard to keep tabs on. With a new Labour Government assembled, our job is to make sense of what was contained in the party’s manifesto, what was verbally discussed by then shadow ministers and what will actually be delivered now Sir Keir Starmer is Prime Minister.
With high summer in full swing, the property market has entered into its usual seasonal phase. Less fevered activity has been replaced by a more measured approach to home moving. This is widely attributed to holidays, the build-up to a General Election and even the European Football Championships.
May has been an interesting month for the property market. There’s speculation on how a General Election may affect movers’ intentions in England. In Scotland, there’s rumour of an urgent review of The Housing (Scotland) Bill.
Peterborough Property Market – Is it a Buyers’ Market or a Sellers’ Market? In this article, we analyse the peculiar nature of the Peterborough property market since 2018 up to today.
Peterborough Property Market Update: Would you know the pound per square foot value of your Peterborough home?...
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