Latest Property News
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Landlords - Please read 👀 January 2024 update !
It's time for new year, new you, and making resolutions that last beyond the first two weeks of January. This month marks what's set to be a monumental year, with a general election likely on the corner, and changes to the private rental sector with the upcoming Renters (Reform) Bill.
Parliament reopens to news of an upcoming general election
Prime Minister Rishi Sunak has suggested that the next general election will be in "the second half of this year", although there has also been speculation it would occur in May 2023. With parliament re-opening in January, it's clear that this year will be very interesting for Westminster.
How the 18.4% Saleability Drop in the Frome Property Market Might Impact Your 2024 Home Moving Plans
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How the 18.4% Saleability Drop in the Frome Property Market Might Impact Your 2024 Home Moving Plans
The Frome housing market, like many others, has experienced a notable shift in 2023.
The percentage of home sales agreed and moved (completed) compared to those withdrawn from the market unsold has decreased relative to 2022.
Looking at independent data for the Frome area (BA11) …
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Embarking on the Landlord Journey:
Insights for Aspiring and Seasoned Landlords in Frome
Property investment has long been a staple in British retirement planning.
The introduction of the buy-to-let mortgage over a quarter-century ago marked a significant turn, presenting opportunities for dual returns: rental income in the short-term and capital growth in the long-term. You can see why there are a substantial number of Frome landlords who view property investment as a cornerstone of their retirement strategy.
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Understanding House Surveys in the UK:
Responsibilities, Types, and Differences
When embarking on the substantial investment of buying a home, it's crucial to ensure that your purchase is sound and worthwhile. This is where house surveys come into play, offering a detailed inspection of the property's condition before you commit to the purchase. In the UK, the dynamics of who organises and pays for these surveys vary depending on location.
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The Future of Frome House Prices
In the ever-changing landscape of the Frome property market, predicting future house price trends can be akin to navigating a labyrinth. The past two years have witnessed unprecedented upheaval, primarily due to fluctuating interest rates that significantly impacted household finances, reminiscent of the challenges not faced since 2008.
