Property News

Property prices rise 0.4% in March

Low inflation, record low mortgage rates and a cut in stamp duty rates helped house prices edge up 0.4% in March to lift the average cost of a home in the UK to £192,970. The 0.4% rise in property values reverses a similar drop seen between January and February, according to the latest Halifax House Price Index. The mortgage lender also reports that the annual rate of house price growth has slowed to 8.1% compared with 8.3% in February and

Landlords

The complete guide to tenancy deposits

Tenancy deposits are the most common cause of disputes and court actions between landlords and tenants. To avoid lengthy and costly legal battles, here is a landlord’s guide to handling a tenant’s money. What is a tenancy deposit? Sometimes known as a security bond, it is a sum of money

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