Monthly Property Market Update

AVERAGE HOUSE PRICES Office for National Statistics – October 2014 UK Average = £271k, up 10.4% over the year, a 0.1% increase over the month Excluding London and the South East: Average = £206k, up 6.7% over the year. Land Registry – November 2014 Average for England...

10 FAQ’s Radon Gas

1. What is Radon ? Radon is an odourless and colourless naturally occurring gas. 2 Should I worry about Radon ? A property is recommended not to have an excess of Radon gas within the environment as it can lead to long term illness and even cancers and other fatal...

Landlords Watch Legal Loopholes When Serving Notice!

Ref. Charalambous v Ng [16 December 2014] In this case, the Court of Appeal has found in favour of a tenant whose deposit was not adequately protected under the statutory requirements of the Housing Act 2004, rendering the landlord’s section 21 notice void. When the...

Interest Rate Fears Lessen As Inflation Falls

Last month’s drop in inflation to 0.5% has coincided with a steep drop in the number of consumers viewing an interest rate rise as a barrier to buying property in 2015. Halifax’s Housing Market Confidence Tracker found that the proportion of consumers citing concern...

Government Policy Helps Buyers Put Larger Deposits Down

Average house purchase deposits reached a 14 month high in December, according to Mortgage Advice Bureau (MAB)’s National Mortgage Index. The firm says that the higher deposits can partly be put down to George Osborne’s stamp duty reform as buyers have been able to...