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Interest rates in the UK seem to have reached a peak, prompting a mixed reaction among consumers. With the Bank of England's decision to maintain rates at 5.25% for the second time after 14 consecutive increases, homeowners and potential buyers may breathe a sigh of relief, while savers may be feeling a bit disappointed. In this blog post, we'll explore the implications of this decision and what it means for various aspects of personal finance.
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The rental property market is entering a new era, and as landlords, it's essential to stay informed about the latest changes that could impact your investments. The recent passage of the Renters Reform Bill's second reading in Parliament marks a significant milestone in this evolving landscape.
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In the ever-evolving real estate market, there are promising indications of stability as interest rates remain steadfast. The current real estate market is displaying encouraging signs of stabilization, primarily attributed to the steady interest rates that have remained relatively unchanged. This steadiness has offered prospective homebuyers a more predictable and favorable environment to enter the market. With the holiday season approaching, many buyers are eager to secure their new homes before Christmas. This urgency is driving renewed activity within the market.
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How can landlords and letting agents support tenants when there’s an infestation - and whose responsibility is it to get rid of them?
It’s taking over the news at the moment - bed bugs are everywhere. In fact, as Sky News reports, the little bugs have hopped on the Eurostar from Paris and they’re now on public transport, in hospitals, and - inevitably - in the home. It makes your skin feel itchy just thinking about it, doesn’t it?
While it’s easy to get swept up in the fear-mongering, really it’s about being practical and measured to get rid of them - and knowing who’s responsible for removing the pests.
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The How to Rent guide, a crucial document in the rental process, has recently been updated by the Department for Levelling Up, Housing and Communities (DHLUC).This guide is a vital document agents are required to issue before tenancy commencement and upon renewal in England. Let's dive into it.
The revised version of the guide introduces two minor yet crucial amendments, specifically on pages 15 and 17, highlighting the Housing Loss Prevention Advice Service (HLPAS). These amendments elucidate the services offered and guide individuals to additional sources for comprehensive information.
