On 7th August, the Bank of England announced yet another interest rate cut, reducing the base rate from 4.25% to 4%. This marks the fifth… Read More »What Does the Latest Interest Rate Cut Mean for Mortgages?
Triggered by Deputy Prime Minister Angela Rayner’s vision for a more “progressive” redistribution of local council funding, some local authorities in England have requested a… Read More »Possible 25% Increase in Council Tax?
The idea of returning to your childhood hometown – a comforting place filled with old memories, familiar parks, and beloved corner shops – is something… Read More »Brits Are Being Priced Out Of Childhood Hometowns
The Renters’ Rights Bill 2025, or Renters’ Reform Bill, represents one of the most significant overhauls of the private rented sector (PRS) in decades. Expected… Read More »Renters’ Rights Bill 2025 – What You as a Landlord Need to Know
Timing is everything when it comes to achieving the best possible outcomes in selling your home. We often advise homeowners to begin preparing their properties… Read More »Why January is a Good Time to Get Your Property Ready to Sell
The latest budget, presented by Rachel Reeves on 30th October, introduced significant changes to stamp duty, a move likely to set off a rush in… Read More »UK Budget 2024 – Homebuying Frenzy Expected Before Stamp Duty Increase Next Year
The Bank of England has recently announced a cut in interest rates, lowering them to 5%. This is the first reduction since March 2020. The… Read More »The Bank of England has just cut interest rates to 5%
The dream of owning a home can often feel out of reach, especially for first-time buyers struggling to save for a substantial deposit while managing… Read More »Is a 1 Percent Mortgage the Answer to Your Property Ownership Dream?
Chancellor Jeremy Hunt’s 2024 Spring Budget announcement has been met with much disappointment and frustration. From Stamp Duty to Mortgages, the budget has left most… Read More »The Impact of Jeremy Hunt’s Spring Budget on the Housing Market
If you own a leasehold property in the UK, you are likely familiar with the concept of ground rent. This annual payment to the freeholder… Read More »Selling a Property with High Ground Rent
In a bid to address the challenges faced by younger generations trying to step onto the property ladder, the government is contemplating a groundbreaking proposal… Read More »The 1% Deposit Scheme Proposal for First-Time Buyers
In recent weeks, a significant cyber attack has severely impacted the UK’s housing market. This ongoing situation continues to affect thousands of homebuyers and sellers… Read More »Cyber Attack Freezes Thousands of House Purchases
Critical Moment for the Renters (Reform) Bill In a surprising turn of events, Lee Rowley, who is the MP for North East Derbyshire, has once… Read More »Lee Rowley’s Return as Housing Minister
HSBC and NatWest Cut Mortgage Rates Again as Rivals Tipped to Follow In a move that’s set to bring relief to UK homebuyers and those… Read More »Mortgage Rate cuts
The Bank of England’s latest Money and Credit figures revealed a positive development in the mortgage market, with an increase in approvals for both house… Read More »Mortgage Approvals Rise in June, but Economic Headwinds Persist
HSBC Becomes the First High Street Lender to Cut Mortgage Rates In a bold and strategic move, HSBC has become the first high street lender… Read More »Latest UK Property Market News – HSBC Cuts Mortgage Rates, and More 40 Year Mortgage Deals Considered to Help First-Time Buyers
The current state of the housing market in the United Kingdom is cause for concern as property prices experience a significant decline. According to a… Read More »UK House Prices Plummet 12.5% with Bleak Future Predictions
The Bank of England base rate has been sky-rocketing over the past year or so, and it currently stands at 5%. This is expected to… Read More »Why haven’t house prices crashed due to the high interest rates?
It was bad news for homeowners recently, due to the Bank of England’s interest rate hike by a massive 0.5 percentage points, bringing it up… Read More »Interest Rates and the Effect on the UK Housing Market
TwentyEA, a company which provides analytics for the UK property market, has recently published data showing that the average time to sell a home has… Read More »Time to sell homes increases – how to sell yours quickly in 2023
The latest Mini-Budget announcement from Chancellor Kwasi Kwarteng is good news for the property sector. The Government now has an economic plan in place to… Read More »The latest Government help with Stamp Duty
All About the New Long-Term Fixed Rate Mortgages During the last decade or so, the property market has been booming. Even Brexit and lockdowns could… Read More »New Long Term 30 and 50 year mortgages
Are you looking to buy, sell or rent in Borehamwood? Then you’ve come to the right place. Discover the L&H Residential difference. We are an… Read More »Estate Agent Borehamwood
Selling your home can be a very stressful experience; our estate agents at Laming Hope Residential are here to make it an enjoyable one. If… Read More »Selling Your Property in Borehamwood