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.
January is over and it’s time to start evaluating whether the predictions for 2025 are ringing true. Did people act on New Year’s resolutions to look for a new home? Was there the forecast rush to complete before the new stamp duty rates?
Winter is a time for creating a warm, cosy atmosphere inside but how we heat, light and fragrance our homes during the colder months could be slowly poisoning us.
The Renters’ Rights Bill is Labour’s push to reform the private rental sector and the proposals are expected to pass into law this year. In fact, if progress keeps up its current pace, we could see new legislation introduced as early as April 2025.
December is an interesting month in the property calendar. It’s a time when we look back at the year just gone and speculate about the 12 months ahead. December 2024 was also a month where serious buyers and sellers didn’t succumb to Christmas distractions.
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.
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.
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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