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August 2019

Simple Steps to Soothe Back to School Nerves

Here’s a two-minute read we’ve created to help you and your children deal with any anxieties they may have about returning to school after the long summer break. For most children in England and Leicester this week and next week is the first one back following the summer holidays. And while many parents may be letting out a secret sigh of relief it can be a nervous time for children of all ages as they...

In June, there were just under 70,000 new mortgage approvals according to UK Finance, which is 5% higher than the level reported in May. Loans to first-time buyers (comprising 47% of approvals) were once again greater than those to existing home owners (45% of approvals). First-time buyer loans rose by 6.2% in the month. Lending to buy-to-let investors has remained fairly consistent over 2019,...

Tenant Demand Outweighs Instructions

According to the RICS (Royal Institution of Chartered Surveyors) Residential Market Survey, tenant demand is the highest it has been since the end of 2016. However, landlord instructions have fallen once again following a continuous decline since July 2016. A number of estate agents have noted landlords disposing of their properties owing to punitive regulations, with little new investment bringing...

The Million Pound Market

There were 14,794 homes sold across England and Wales in the past 12 months priced at £1 million or more. This equates to just 1.7% of all sales, and just under £26 billion in value. As in previous years, the tally of properties selling at or above the £1 million threshold was greatest in London, where over half (59%) of all £1m+ homes sold in the past year. This represents 1 in every 10 property...

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