Bank of England makes first interest rate cut since 2020
In a significant move, the Bank of England (BoE) has announced a 0.25% reduction in the Base Rate, bringing it down to 5% this month. This marks the first rate cut in four years, following a period of consistent hikes aimed at curbing high inflation. If you’re thinking of moving, renting or buying, and want […]
Spring into Sold! How to sell your home this summer
As the days grow longer and the weather warms up, we find that the property market starts to heat up and more requests come in to our team. With strategic planning and the right approach, you can capitalise on the summer season to sell your home successfully. There is one key thing you need to […]
Rental Reform Bill moves forward in Parliament – what’s changing for Landlords and Tenants?
Developments are underway in the heart of Westminster as the Rental Reform bill has passed its Third Reading in the House of Commons. This marks a significant step forward in reshaping the rental landscape. But what exactly does this mean for tenants and landlords alike? Read on below for a detailed breakdown of the notable […]
What is a property chain?
Buying a property can feel like you’re navigating a labyrinth of contracts, negotiations, and timelines. At the heart of this intricate web lies the property chain, a fundamental aspect of the buying and selling process that often eludes clear understanding. In this blog post, we’ll unravel the mysteries of the property chain, shedding light on […]
Spring Budget 2024 – Impact on Landlords
The Chancellor of the Exchequer presented his Spring Budget 2024 to Parliament on Wednesday 6 March 2024, the anticipation surrounding its potential effects on the property market was palpable, especially amidst the lingering economic uncertainties. While many speculated on radical changes, the Budget largely aligned with expectations, offering no ground-breaking surprises. Notably absent were previously floated […]
Bank of England holds Interest Rate at 5.25% – What it means for your Mortgage
In a recent and critical update, the Bank of England (BoE) has chosen to maintain the base interest rate at a steady 5.25%. This decision follows a remarkable series of 14 consecutive increases, which had driven the Base Rate from a mere 0.1% in November 2021 to its current level. As leading estate agents in […]
Gas safety information for Landlords in the UK – 11-17 Sept ‘Gas Safety Week’
From September 11th to 17th, the UK observes a national ‘Gas Safety Week’. For the 13th year now, this period of raising awareness serves as a significant reminder for landlords to give priority to gas safety and adhere to regulations to ensure the safety of tenants and the integrity of their properties. For landlords in […]
A quick look at the latest mortgage interest rates
As the leading estate agents in Wentworth and Virginia Water, we recognise the significance of staying up-to-date with the latest market developments when you are considering buying your next home. We believe that a well-informed buyer is an empowered one, and therefore, so that you can make sound and informed decisions regarding your next home […]
Potential impact on mortgage rates as interest rates rise to 4.5%
The Bank of England (BoE) recently announced a 0.25% increase in the Base Rate, marking the twelfth consecutive rise and pushing interest rates to a 15-year high of 4.5%. The objective behind these consistent rate hikes is to address the persistent high levels of inflation, which stood unexpectedly high at 10.1% in the year ending March, […]
Ultra-low interest rates set to return to UK
Great news for those in the market for a fixed-rate mortgage – banks and building societies are gearing up to slash costs in the short to medium-term. This is due to the International Monetary Fund (IMF) having now predicted that ultra-low interest rates will return to the UK shortly, with inflation set to fall sharply […]
