Sales

Last week, the Bank of England's interest rate dropped to 4.5%, marking its third cut in under a year.  This decision follows a previous reduction in November 2024, with the rate remaining unchanged in December.  While most of the Bank’s policymakers supported the move to 4.5%, a minority favoured a more aggressive cut to 4.25%, highlighting the ongoing uncertainty surrounding the UK economy.  

In 2023, the Bank of Mum & Dad gifted or loaned an estimated £9.4 billion to adult children buying a property. It’s a sum that has almost doubled since 2019, with generous parents and even grandparents keen to help loved ones get a foot on the property ladder.

Yes it’s a cliché but will 2025 be a case of ‘New Year, new home?’ If you are serious about purchasing a property, almost everything will be dictated by your monetary situation. Here’s how to get your finances in order before you start looking for a new home.

For decades, baby boomers in the UK have been the quiet beneficiaries of a housing market that has worked in their favour. Rising property prices and a growing housing shortage have pushed home values sky-high, giving this generation substantial equity in their homes. However, as more and more boomers enter retirement age, a new reality sets in, and the properties they need for this next stage of life are almost impossible to find.

It is one of the most unusual property phenomena but the Boxing Day bounce is real and potential sellers can prepare for it now.

Are you a Peterborough homeowner or landlord? Are you thinking of selling your home or property in early 2025?

Then, in this article, let me show you how long it will take, on average, to find a buyer for your Peterborough home and how long solicitors will take to get you moved.

The number of agreed UK property sales until Saturday, 22^nd November 2024, is 18% higher than a year ago.

Data held by the Ministry of Housing, Communities and Local Government estimates there are almost 5 million leasehold homes in England alone. As a result, many people buy, and subsequently sell, a leasehold property.  

Many things have changed since the Covid pandemic but no one would have predicted how two new habits with no direct links to the medical world would radically shift our perspective, perhaps forever. Even more surprisingly, both habits have a direct link to property sales.

Selling a property can be both an exciting and challenging process. At City & County, we aim to make the process as smooth as possible while delivering the best possible return on your investment. Understanding the costs involved is an important first step in that journey.

There have been multiple surveys of prospective buyers, asking them what would put them off buying a property, and one thing crops up time and time again – clutter.

There are very few instances where you’ll need a five- or even six-figure sum to proceed with your plans but buying a property is one of them. It’s not the amount you can usually find down the back of the sofa so what are the options if you need to lay your hands on a substantial amount of cash quickly?