UK property prices fluctuate due to factors like mortgage rates, supply, and demand post-pandemic, leading to stabilization.
UK Property Prices Experience Slight Decline in 2024: Market Dynamics and Influencing Factors
Top 10 Home Improvement Ideas to Add Value and Pleasure
Repairs and aesthetic updates can increase home value and livability. Top 10 ideas include decluttering, painting, improving curb appeal, enhancing energy efficiency, reconfiguring layout, upgrading kitchen and bathrooms, landscaping, converting space, and building an extension. Author advises readers to verify information independently.
Move or Improve: Save Costs and Add Value to Your Home
With the current housing market uncertainty, many consider improving rather than moving. Moving costs of approximately £20,000 lead to the option of extending or renovating without needing a full planning application. Hiring an architect, despite costing 5% to 15% of the construction cost, can save money and time. Seeking professional advice is essential.
How to Determine What Property You Can Afford: A Step-by-Step Guide
To determine what property you can afford, evaluate your income, expenses, savings, and property costs. Calculate your budget, assess savings and upfront costs, determine your mortgage, estimate affordability, and adjust for local market conditions. Carefully analyze your financial situation and consult with advisors to make an informed decision.
Move or Improve 