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In 2023, the housing market underwent dynamic shifts, influenced by economic fluctuations, regulatory changes, and the lingering effects of the pandemic. This UK housing market 2023 summary explores key trends, including price movements, demand-supply dynamics, and the impact of governmental policies, offering insights into the evolving landscape of real estate throughout the year. Q1 UK…
Read about the recently tabled Renters’ Reform Bill by the UK government, its possible dangers and a long term solution.
Zero-deposit mortgages are making a comeback; promised to help renters get on the property ladder. First-time homebuyers in 2023 will need to earn an additional £7,500 to afford the same house they could buy in 2020, according to Zoopla. But guess what? The Office for National Statistics reports that wages have only increased by £4,800…
Despite the pandemic in 2021, house sales in the UK boomed. The real estate industry had the best of years in 2021. Due to the high demand and lack of homes on the market, a house price rise seemed inevitable. Nationwide reported that housing prices had increased by 11% over the year 2021 and official…
Owning a home is a keystone of wealth… both financial affluence and emotional security.
