Reading time: 2 minutes
Written by: Ruth Stevenson, Director/Solicitor at Ives & Co Solicitors
UK property prices recorded modest overall growth, but performance continued to vary considerably between regions. Differences in affordability, local demand, mortgage costs and economic conditions meant that some areas experienced stronger growth while others remained subdued.
Reading time: 2 minutes
Written by: Ruth Stevenson, Director/Solicitor at Ives & Co Solicitors The 2024 Tracker Survey highlights continuing concerns about trust, complaints and transparency within legal services. Although overall satisfaction increased, many consumers remained uncertain about complaint procedures, legal costs and whether raising concerns could affect their final bill.
Reading time: 2 minutes
Written by: Ruth Stevenson, Director/Solicitor at Ives & Co Solicitors Strong tenant demand and growing institutional investment have made the UK residential rental market attractive to domestic and international investors. Build-to-rent growth offers further opportunities, although landlords must account for changing regulation and their responsibilities towards tenants.
Reading time: 2 minutes
Written by: Ruth Stevenson, Director/Solicitor at Ives & Co Solicitors The UK housing market may experience a short-term decline before entering a longer period of recovery. Changing mortgage rates, affordability pressures and wider economic conditions are expected to influence prices and activity as the market gradually regains momentum.
Reading time: 2 minutes
Written by: Ruth Stevenson, Director/Solicitor at Ives & Co Solicitors Record migration and a shortage of available homes are placing increasing pressure on the UK rental market. With demand continuing to outstrip supply, tenants face rising rents while the need for additional affordable housing becomes more urgent.
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Written by: Ruth Stevenson, Director/Solicitor at Ives & Co Solicitors The UK home-selling process can be lengthy, creating uncertainty and added pressure for buyers and sellers. Earlier preparation, greater use of technology and more efficient communication could help reduce delays and make property transactions smoother.
Reading time: 2 minutes
Written by: Ruth Stevenson, Director/Solicitor at Ives & Co Solicitors The UK’s lengthy home-selling process can create stress, uncertainty and additional expense for buyers and sellers. Greater use of technology, improved transparency and earlier preparation could help make property transactions faster and more efficient.
Reading time: 2 minutes
Written by: Ruth Stevenson, Director/Solicitor at Ives & Co Solicitors Improving buyer confidence and signs of renewed activity pointed towards further recovery in the UK residential property market during 2024. More stable conditions offered encouragement to homeowners, buyers and sellers following a challenging period.
Reading time: 2 minutes
Written by: Ruth Stevenson, Director/Solicitor at Ives & Co Solicitors A modest rise in house prices and easing mortgage rates provided encouraging signs for the UK housing market in January 2024. However, affordability and deposit requirements remained significant challenges, particularly for first-time buyers.
Reading time: 2 minutes
Written by: Ruth Stevenson, Director/Solicitor at Ives & Co Solicitors Capital Gains Tax may arise when selling a residential property that is not your main home, including a buy-to-let, second home or inherited property. Understanding the potential liability, available reliefs and reporting requirements can help you prepare for the sale.