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Property Market News

Stay up to date with the latest news from the property market, along with helpful insights from Home Legal Direct.

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Property Market News

Lenders set to go head to head over fixed rate mortgage offerings

HSBC Break 4% Threshold with 3.99% Five-Year Fixed Rate Mortgage HSBC appear to be the first to break the 4% threshold with a 3.99% five-year fixed rate mortgage offering, the first since 2022’s hike.   Since the mini-budget the fixed rate peak has experienced a slow but steady decline, with HSBC’s

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Mortgage Rate Cuts
Property Market News

Mortgage Rate Cuts & House Price Inflation Decline

Despite soaring interest rates UK lenders continue to slash mortgage rates.  Furthermore, market indicators show house price rises are not only slowing but poised to drop into negative territory.     Zoopla, reports inflation slowing to 7.8%. The property site predicts a further dip into Q1 2023, with a prediction that mortgage rates

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Property Market News

Autumn Budget Statement 2022 – Key Points

Chancellor Jeremy Hunt announced to the House of Commons the highly anticipated Autumn Statement on 17th August 2022.    Want to know more?   Read our quick glance summary of all the key points.   Autumn Statement 2022 Taxation and Wages Stamp duty cuts announced in the Mini Budget will remain but

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Property Market News

What does the new stamp duty cut mean for home buyers?

With the arrival of the new stamp duty rules as announced in the recent mini budget on Friday 23rd September, we provide a quick glance summary of the changes and what the stamp duty rules could mean for you.   What is stamp duty? Stamp duty is a tax payable on

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Property Market News

Latest News: Stamp duty cut on the horizon

The Times newspaper has reported today that Liz Truss is due to cut stamp duty in a mini-budget to take place on Friday 23 September.    The Times reports that the move comes as part of an attempt to drive economic growth by enabling more first-time buyers to get on

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Property Market News

Navigating through a changing tide in the housing market

A changing tide in the housing market is upon us.   We look at how homebuyers are having to navigate their way through higher interest rates and an unstable economic climate and consider is it time for a compromise. Purchasing a Home Today The average price of a house in the

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