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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.
As we head towards one of the most expensive periods of the year – Christmas - Ofgem confirmed the energy price cap would rise at the start of 2025.
Smaller household sizes are one of the reasons the Peterborough (and UK) property market and house prices will continue to hold up well in the me dium to long term. British households have been shrinking over the last 100 years, and this trend will drive demand for property, providing stability and growth to house prices.
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.
The colour experts have spoken and the Pantone Colour of the Year 2025 is……Mocha Mousse. This annual choice is described as a colour that ‘captures the global zeitgeist’, and is a shade we expect to see in fashion, advertising and in our homes.
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.
Recent figures from the Office for National Statistics (ONS) reveal that across the UK, 486,795 households are occupied by individuals aged 65 and over who live in private rental sector homes. This accounts for 6.71% of all older adults (OAPs) now renting privately.
The number of agreed UK property sales until Saturday, 22nd November 2024, is 18% higher than a year ago.
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.
November is when winter really arrived. Dark mornings, dark nights, a touch of frost, even a layer of snow. It is also the month many of us will have fired up the central heating for the first time this season.
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.
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