Housing market

UK house prices soar to new heights, reaching an average of £260,000 for the first time, according to The Guardian. The increase in price has been consistent for the past seven months, making it more challenging for homebuyers to find a quality home for themselves or to buy as an asset. In the last month, i.e., February 2022, the price of houses in the UK increased by 12.6% since the seven-month...

The COVID-19 pandemic significantly changed the way how many people work, with a majority of them working remotely from their homes. That shift for the past two years has led to changes in the perceptions UK professionals and residents have about the real estate market. Their expectations from homes and their priorities in investing in certain types of property have seen a change. Therefore, this article...

Buying property as a first-time buyer can be a daunting experience. But, if you have the correct information, it can be the most fulfilling endeavor. The current hype on the shift of property market preferences can be misleading for first-time buyers who have no clue what to look out for when purchasing a property. Multiple factors impact the property market in London, and some of the indicators to...

Unusual news for the London rental market in which a story of lower rents and better value London rental prices prevail. Good news for tenants but not so good news for landlords that have suffered at the hands of the Pandemic. The Index of UK rental prices was released on February 16th 2022 showing that Private rental prices paid by tenants in the UK rose by 2.0% in the 12 months to January 2022, up...

Credit: Freepik via Freepik Buying a home is an exciting milestone, but also a daunting one at that. After all, purchasing a property to live in is a significant life decision and a substantial financial investment. Everyone will have their own priorities for their potential property, but there are some things you will want to keep in mind to avoid the pitfalls and empower yourself for a...

The property rental market is a very competitive one, and things can be extremely challenging for letting agents. For those with a lot of properties to manage, there can be a tremendous amount of work involved. Letting agents have to deal with all aspects of property management from doing references and checks to signing agreements, inventories, and much more. This can obviously be extremely...

Managing your rental income (and the expenses that comes from maintaining them) is particularly different from pandemic as most rental properties did not rent all year. COVID has hit the real estate market hard. If you own a rental property, then you know generating income has been a struggle, but there are some things you can do to manage expenses and claim deductions on your taxes. In general, when the...

For those who want location and luxury in New York City, Concierge Auctions is offering a once-in-a-lifetime opportunity to purchase prime real estate at a steep discount. The company is auctioning off a three-story penthouse on Billionaire’s Row, and the property is full of potential. A Place in New York’s Most Coveted Location The penthouse is located midway along Central Park South,...

Individuals have to relocate for different reasons. Certain instances require you to quickly relocate to your new place, while others may allow you more time. When relocating quickly, you have to consider whether to rent or sell your current home. Deciding on whether to sell or rent your home when relocating is a personal and financial decision. When making the appropriate decision, there are a couple...

Oh, what joy it is to hold the keys to your own home; to awake without the thoughts of having to pay rent for something you don’t own. Imagine a lifetime of security for you and your family! Who wouldn't want that? But homeownership may seem unattainable or challenging, at best, for some, especially those who have lower incomes. However, there is good news; with USDA or rural home loans, your...