Inflation was reported, this week, as dipping to 3.1% which led many financial experts to say that mortgage interest rates from the Bank of England will remain fixed. So good news and not so good news. In our last post, in March, we pondered the question of mortgages. Just two years ago, mortgage interest rates
Currently, the Bank of England base rate is set at 5.25% and it is widely anticipated that these will not fall or rise this week, but remain the same. There has been no change in this rate for 4 months now, the 9 person committee meets to look at economic factors and though the UK
Parts of Leeds are still relatively affordable - particularly to the east and south of the city. We do understand that the biggest obstacle facing first time buyers is the need for a substantial deposit, but there are ways to get on the property ladder, and climb it. Read on. If you are a first-time
Selling a home quickly involves a combination of strategic planning, effective marketing, and making your property appealing to potential buyers. Here are some tips to help you sell your home quickly: Set the Right Price: Research the local real estate market to determine a competitive and attractive price for your home. Consider pricing your home
Leeds is a vibrant city with a dynamic property market. The city's diverse neighborhoods cater to various preferences, from the bustling city centre to more suburban and family-friendly areas. We are based in Harehills, an eclectic and diverse suburb in the eastern part of Leeds. Harehills is known for its cultural diversity, with a mix
We could end this blog post with two words: Very well. You see our portfolio of rental properties, at the time of writing this, are fully let. We are keen to take on new rental homes in Harehills, Burmantofts, East End Park, Beeston and so on. If you are a landlord in east Leeds, struggling
A recent news item caught our eye at Hogan's - namely one about mortgages. Now you may already know if you've tried to secure a mortgage, or remortgage, that it can be a challenge. August though was not a one-off, but a pattern of reduced activity since February 2023. Some statistics: Mortgage approval data from
The property and mortgage market has been in a state of change, to put it mildly, since late last year. Those heady days of fixed rate deals under 2% seem a long time ago, when really they were available in March 2022. The Bank of England base rate has been climbing inexorably since, in an
Leeds is a diverse city, as we all know, with equally diverse property prices and, despite the rising interest rates and continuing cost of living crisis, there is property optimism across the city and suburbs, when you look at price trends: Properties in Leeds had an overall average price of £255,391 over the last year.
A news item that caught our eye at Hogan's this week - amongst the economic doom and gloom - was some good news about BTL mortgages. Fleet Mortgages, a buy-to-let specialist, has launched five-year fixed-rate mortgages, available across its three core product ranges – standard, limited company and HMO/multi-unit block. The interest rates for Buy
