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What's going on in the housing market?

31/05/2022

According to Halifax, despite the recent increases in the base rate, last month, house prices went up by 1.1% - their tenth consecutive monthly rise. That's the longest period of sustained growth since 2016.

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Doing building work on a leasehold property

31/05/2022

Most owners pay little attention to the finer points of the ownership and title deeds of their properties. After all, that's what solicitors are for. However, if you've bought a flat for rent, for example, and are planning on making some improvements (as many of Philip Arnold's customers are), it's very important you check the lease documents first.

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What's happening to interest rates?

03/05/2022

Inflation (and the cost of living) is expected to rise markedly over the next six months. In response, back in March, the Bank of England's Monetary Policy Committee (MPC) voted by 8 to 1 to raise the UK's base rate to 0.75%. At the same time, they warned that further rises "might be appropriate in the coming months".

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Insider tips from builders

31/03/2022

We hear so much about building projects from the homeowner's perspective, so wouldn't it be interesting to get the builder's viewpoint for a change? They're not always an easy bunch to pin down, but fortunately for us, Direct Line Insurance has recently carried out a survey in the area.

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When men and women buy property together

30/03/2022

We thought it might be interesting to take a look at the dynamics between men and women when they are buying a property together. Naturally, we assumed there'd be lots of research in the area, but there's surprisingly little.

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How much for an extension?

28/02/2022

As a nation, we love our extensions because they can add both space and value to a home. So much so that when we are looking at new properties, their potential for extending is often an important consideration.

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Property prices in 2022

03/02/2022

2021 began relatively quietly. The housing market had been seeing rising levels of demand but slowed over the festive period, with much speculation over what might happen when the stamp duty (SDLT) holiday came to an end on March 31st.

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Rental market

03/02/2022

We know many people who buy at our auctions are landlords, so we, at Phillip Arnold, thought you might appreciate a run-down of how the rental market has been performing across the UK and what may be in store for it in 2022.

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