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What is happening to house prices in Wales?

The housing market in Wales has seen some fluctuations in recent months. Prices have been trending downwards after hitting record highs late last year. In this post, we will analyse the current state of the Welsh housing market, examining...

What's the difference between freehold and leasehold?

When purchasing property in the UK, buyers will inevitably encounter the terms 'freehold' and 'leasehold'. These refer to the two predominant forms of property ownership in the country. Deciding between freehold vs leasehold can have majo...

What happened to house prices in 2008?

The late 2000s marked a turbulent time for the UK housing market, culminating in the crash of 2008. Prices had risen rapidly from 2000 onwards as credit was easy and speculation rampant. By 2007, the average house price hit an all-time hi...

Canary Wharf Apartment Prices: How High Will They Go in 2023?

Canary Wharf is located in East London, part of the Isle of Dogs in the borough of Tower Hamlets. It sits within London's Zone 2, just east of the City of London financial district. The area has undergone a dramatic transformation since t...

How Much Deposit Do You Really Need to Purchase a Home in the UK?

For most homebuyers, the deposit is one of the biggest obstacles to purchasing a home. Saving enough for a deposit on a house can take years of disciplined saving and budgeting. However, there are options for those who don't have tens of...

What's happening to house prices in Scotland?

The housing market in Scotland, like elsewhere in the UK, has seen prices cool from their peak levels in 2022. After rapid growth through the pandemic, the market is now experiencing a period of stabilization. In this post, we’ll analyse...

Who is considered a first time buyer in the UK?

For many people, owning their own home is a major life goal and source of pride. However, getting onto the property ladder can be extremely difficult these days, especially for prospective first time buyers. Saving enough for a deposit wh...

Everything You Need to Know About Ground Rent: A Comprehensive Guide

Ground rent is a common aspect of home ownership in England and Wales, yet it remains poorly understood by many homeowners and property buyers. When you purchase a leasehold property, you do not own the land it stands on. Instead, you lea...

UK property price update for September 2023

The housing market in the United Kingdom has seen significant changes over the past few years. Most notably, house prices have started to decline after hitting record highs in mid-2022. This reversal comes on the back of rising interest r...

What happens to house prices in a recession?

In recent years, the United Kingdom has experienced its fair share of economic swings, and with a value of over £10.7 trillion in May 2023, the UK housing market often comes under scrutiny during such periods. But how does an economic downt...