we explore the nuances of both options—moving versus improving, delving into the advantages and disadvantages of each.
As 2025 concludes, the UK property market shows signs of stabilisation, with house prices steadying and mortgage rates gradually improving. The Autumn Budget encourages investment and construction. Demand for rentals remains strong, particularly in urban areas. The market is set for a modest recovery in early 2026, presenting opportunities for buyers and investors.
Leasehold is a property ownership type allowing occupation for a set lease term while the landowner retains ownership. Benefits include lower costs and shared maintenance, whereas drawbacks involve ground rent, limited control, and potential property value decrease. Leaseholders must navigate lease terms and seek freeholder consent for alterations.
Section 24 of the Finance Act 2015 has significantly impacted UK landlords by limiting mortgage interest deductions. This has led to increased rent prices and a cautious approach among investors. Landlords are strategically responding through incorporation, portfolio restructuring, and improved tax planning to mitigate financial strain and maintain profitability in a challenging market.
In 2025, the UK housing market shows promising growth influenced by rising house prices, anticipated interest rate cuts, and government initiatives such as stamp duty changes and ambitious housebuilding targets. Analysts predict modest price increases and improved transaction volumes, particularly in London, reflecting favorable economic conditions for buyers and investors.
You can earn extra income from your home by letting out a room or property, possibly making over £10,000 annually. Consider areas with high visitor traffic. Advertise on sites like SpareRoom and Theatre Digs Booker, and ensure good photos and positive reviews. Be mindful of insurance, mortgage terms, pricing, and guest checks, and comply with laws and safety regulations.
You can earn extra income by renting out your car space, particularly if you live in a city or near popular locations. Websites like Justpark.com and Yourparkingspace.co.uk can help you find renters. Ensure you have a proper contract and check your insurance, tax liabilities, and mortgage or rental agreements before proceeding. Always verify information independently.
In May 2024, the UK government reformed the leasehold system to empower homeowners with more rights and protection. Changes include abolishing ground rents, simplifying lease extensions, and enhancing transparency in service charges, aiming to make homeownership more appealing and accessible.
Move or Improve 