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Earlier today, the Bank of England (B of E) announced that the base interest rate will be cut by 0.25 to 4.75%. This is good news for the property market.
In this video, Ben gives a detailed breakdown of the local Flintshire Market and emphasises the importance of ensuring the asking price of your property is correct when it hits Rightmove. He also talks about some key questions to ask Estate Agents when they come around for a valuation.
New data shows the mortgage market has bounced back from the turbulence of two years ago. Think back to this time in 2022, and youβll recall the mortgage market was in complete disarray. In the aftermath of the Mini-Budget, there was a frenzy of activity β none of it good for homebuyers or people looking to renew their mortgage.
After months of fevered speculation, Chancellor Rachel Reeves will unveil her autumn Budget next week (Wednesday 30 October). As the announcement could have important implications for landlords, letβs consider what might be included in it.