The UK has become a nation of staycationers, which in turn has caused the price of holiday homes to soar, according to research1. The purchase price of holiday lets increased by 12% between October 2020 (£387,993 on average) and March 2021 (£435,476 on average), based on holiday home mortgage applications. Sharp rise in mortgage applications […]
Category archives: Mortgages & General Property News
It’s holiday season – but is your home protected?
International travel returned in a limited way on 17 May, while those not going abroad have their pick of the UK’s most beautiful staycation destinations this summer. But whether you’re holidaying at home or abroad, make sure your property is protected. Many of us have fully embraced the national DIY craze during our year at […]
Positive signs for the property market this summer
Buyer demand for UK property is showing no signs of abating as we head into the summer months, with one comparison site using conveyancing quote data to predict a house price spike of 2.9% in June and 3.7% in July, based on springtime sales agreed1. A 14-year high House price growth continues to rocket as […]
Could you be invalidating your home insurance without realising?
Home insurance may not be a legal requirement, but it’s essential if you want to protect your belongings against theft or damage. Avoid invalidating your cover Even households that have cover in place need to take care to ensure they don’t accidentally render their policy worthless. Although many householders are aware that actions such as […]
Sell in May?
What a relief, spring is here and hope is in the air after a long, bleak winter. For those looking to move, there’s even better news – spring to early summer has historically been the best time of year to put your house on the market1. Proven to be the optimal time for selling your […]
Could your front door increase your home’s value?
With millions of homeowners taking advantage of the Stamp Duty holiday and putting their home on the market, eager sellers have been looking at ways to increase the value of their property. So, they might be interested in research1 that has unearthed a little-known way of adding value to your home: the colour of your […]
Your mortgage options during a divorce
Divorce can be an incredibly stressful time for couples and the financial impact it can have only adds to the pressure. Unfortunately, many family lawyers are predicting the stresses of the last few months to result in a post-lockdown divorce boom. For couples who own their home, one of the biggest decisions they face is […]