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Industry and Property News

Buyer Demand Reaches a Four-Year High, Signalling a Robust Spring Market
Posted on Monday, May 6, 2024

Buyer Demand Reaches a Four-Year High, Signalling a Robust Spring Market

As the flowers bloom and the days lengthen, the property market in Rugby, along with the rest of the UK, is experiencing a significant uplift, commonly referred to as the spring bounce. The latest findings from the Royal Institution of Chartered...

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Buyer Confidence Surges in Warwickshire's Property Market Amidst Political Uncertainty
Posted on Monday, April 22, 2024

Buyer Confidence Surges in Warwickshire's Property Market Amidst Political Uncertainty

In a time when political events often cast a long shadow over economic and financial decisions, the property market in Warwickshire and beyond appears to be bucking the trend. According to the latest findings by esteemed property firm Savills, the...

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OnTheMarket Achieves New Milestone with Over 15,000 Advertisers
Posted on Monday, April 15, 2024

OnTheMarket Achieves New Milestone with Over 15,000 Advertisers

In an impressive display of growth and market confidence, OnTheMarket (OTM) has recently announced that it has exceeded 15,000 advertisers on its platform for the first time in its history. This landmark achievement comes within just 60 days following...

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Seller Sentiment Improves According to OnTheMarket
Posted on Monday, April 8, 2024

Seller Sentiment Improves According to OnTheMarket

In the latest Property Sentiment Index released by OnTheMarket, there's a sense of optimism among sellers across the UK, signalling a potentially vibrant spring for the property market. This February, 60% of sellers expressed confidence in their...

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The Importance of Snagging Rights for Home Buyers
Posted on Monday, April 1, 2024

The Importance of Snagging Rights for Home Buyers

The Residential Property Surveyors Association (RPSA) has recently launched a pivotal investigation aimed at exploring the existing tensions between property developers and surveyors with a particular focus on snagging - a term that has seemingly...

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Steady Gains Amidst Market Shifts: The 2023 Property Landscape in Rugby
Posted on Monday, March 25, 2024

Steady Gains Amidst Market Shifts: The 2023 Property Landscape in Rugby

Despite a year marked by uncertainties in the UK's housing market, the resilience and potential gains for homeowners, particularly in areas like Rugby, Warwickshire, offer an optimistic perspective for both current and prospective property owners....

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Hopes for Housing Support in the Spring Budget
Posted on Monday, March 18, 2024

Hopes for Housing Support in the Spring Budget

As estate agents and homebuyers across the UK keenly await the Chancellor's Spring Budget, there's a palpable sense of anticipation in the air. With the possibility of this being Chancellor Jeremy Hunt's last fiscal presentation before the upcoming...

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Comprehensive Review by CMA Indicates Major Overhaul Needed in UK Housebuilding Sector
Posted on Monday, March 11, 2024

Comprehensive Review by CMA Indicates Major Overhaul Needed in UK Housebuilding Sector

In an unprecedented move, the Competition and Markets Authority (CMA) has embarked on a thorough investigation into the practices of the UK's major housebuilders, signalling a pivotal moment for the nation's housing market. The authority's recent...

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Anticipated Housing Support Measures Could Benefit Rugby Homebuyers
Posted on Monday, March 4, 2024

Anticipated Housing Support Measures Could Benefit Rugby Homebuyers

In a recent development that has sparked interest among prospective homebuyers and industry stakeholders alike, Housing Secretary Michael Gove has intimated that the upcoming Spring Budget may bring with it several supportive measures for the housing...

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Optimism Returns to the Property Market: Implications for Rugby Homebuyers
Posted on Monday, February 26, 2024

Optimism Returns to the Property Market: Implications for Rugby Homebuyers

The property market is showing signs of a positive turnaround, as indicated by the latest findings from the Royal Institution of Chartered Surveyors (RICS). This shift is particularly relevant for those looking to buy or sell homes in Rugby where...

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Revolutionising the UK Property Market: Lessons from Norway
Posted on Monday, February 19, 2024

Revolutionising the UK Property Market: Lessons from Norway

In a recent address to the Council for Licensed Conveyancers’ (CLC) annual conference, Housing Minister Baroness Penn highlighted Norway's advanced digitalisation in the property market as a beacon for the UK's future home buying and selling...

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Labour's New Pledge Would Be A Boost for First-Time Home Buyers in Rugby
Posted on Monday, February 12, 2024

Labour's New Pledge Would Be A Boost for First-Time Home Buyers in Rugby

In a recent announcement that has sparked interest among prospective home buyers and industry stakeholders alike, the Labour Party has outlined a comprehensive plan aimed at transforming the landscape of mortgage options available to first-time...

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Mortgage Approvals at Six-Month High
Posted on Monday, February 5, 2024

Mortgage Approvals at Six-Month High

In recent developments that have caught the eye of both market analysts and prospective home buyers, the property market has shown signs of a promising revival. Data from the Bank of England reveals that mortgage approvals for home purchases have...

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Ensuring Electrical Safety in Rugby Homes: A Guide for Home Buyers
Posted on Wednesday, January 31, 2024

Ensuring Electrical Safety in Rugby Homes: A Guide for Home Buyers

The safety and compliance of residential properties are of paramount importance, especially when it comes to electrical installations. This guide, relevant for both home buyers and landlords in Rugby, aims to demystify Electrical Installation...

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Revolutionising Homebuying: The Advent of Digital Identity and Data Sharing
Posted on Saturday, January 27, 2024

Revolutionising Homebuying: The Advent of Digital Identity and Data Sharing

In a significant development for the property market, the Data Protection and Digital Information Bill (DPDI), having passed its Second Reading in the House of Lords on 19 December 2023, is poised to revolutionise the homebuying experience in Rugby,...

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Home Improvement Scam Alert
Posted on Saturday, January 20, 2024

Home Improvement Scam Alert

In recent years, the UK Government has emphasised the importance of decarbonising homes as part of a broader environmental initiative. This push has been accompanied by a rise in energy costs, prompting the introduction of various grants aimed at...

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Rugby Home Buyer Demand Already Ahead of Early 2023
Posted on Friday, January 12, 2024

Rugby Home Buyer Demand Already Ahead of Early 2023

The Rugby property market has entered 2024 with a remarkable surge in buyer demand and new sales, surpassing the early trends of 2023. This escalation in activity, highlighted in the latest figures from Zoopla, presents a dynamic landscape for...

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Rugby's Real Estate Renaissance: Local Hotspots Defy National House Price Trends
Posted on Tuesday, November 14, 2023

Rugby's Real Estate Renaissance: Local Hotspots Defy National House Price Trends

In a remarkable departure from the national downturn, more than 70 local authority areas, including regions around Rugby, Warwickshire, have experienced an uptrend in average house prices over the last year. This data, derived from Halifax's...

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Recent Mortgage Rate Cuts Signal Brighter Prospects for Rugby Home Buyers
Posted on Wednesday, November 15, 2023

Recent Mortgage Rate Cuts Signal Brighter Prospects for Rugby Home Buyers

The recent announcement of mortgage rate reductions by major lenders HSBC and Halifax is a positive development for home buyers in Rugby, Warwickshire. The most notable change is the introduction of a five-year fixed rate mortgage at 4.53% with a...

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Optimistic Outlook for Rugby Home Buyers as Inflation Reaches Two-Year Low
Posted on Thursday, November 16, 2023

Optimistic Outlook for Rugby Home Buyers as Inflation Reaches Two-Year Low

The recent decline in inflation to its lowest level in two years is poised to bring positive changes to the property market, particularly in Rugby, Warwickshire. This news, as reported by the Office for National Statistics, indicates a drop in...

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