How to prepare your home for sale With more prospective buyers taking to social media and estate agent websites to find their new dream home, the marketing materials which you have prepared for your online listing are more essential than ever. From photographs to video tour, this is the most likely way that you will […]read more>>
Sometimes we don’t have the luxury of choosing when to sell our home. Life often gets in the way, and we may need to put our home on the market due to our careers, relationships, family, schooling or financial reasons. Although it’s not traditionally seen as the best time to sell – you may be […]read more>>
A great way to cut some costs this Christmas is to try your hand at some simple DIY Christmas decor ideas rather than splashing out on expensive decorations. Not only will you save money, but it’s a great way to spend some quality time with the kids – making memories and decorations. Moreover, you’ll keep […]read more>>
Last week the autumn statement was announced against the fallout of the mini-budget, rising inflation and the recent interest rate rise. But what was announced? The budget Chancellor Jeremy Hunt last week set out plans to fill the £55bn deficit in the government’s finances, caused by the recent mini-budget, by raising taxes and cutting spending. […]read more>>
On Thursday, 8 December, millions of people up and down the country will come together to make the world better with a sweater, and here at Nicol Estate Agents, we are delighted to get involved! This incredible initiative is in aid of Save the Children, a charity we are all passionate about. Each time anyone […]read more>>
Last week the Bank of England put up interest rates once again. They went up by 0.75% from 2.25% to 3% to tackle rising inflation. However, the outlook for mortgage rates remains unchanged, with a high likelihood that mortgage rates could even be lower by the end of 2022. The outlook for mortgage rates has […]read more>>
Ever since the mini budget in September, we have seen the financial markets in turmoil with rising inflation and interest rates affecting the mortgage market. Products were withdrawn, and the average five-year fixed rate reached over 6%. However, against this backdrop of rising energy, fuel and food costs, the average asking price of a home […]read more>>
Since the mini-budget in September, the financial markets have been in turmoil. First, we saw the value of the pound drop against the dollar to its lowest-ever value, and gilt yields fell to their lowest level. Following the reversal of the budget, things have started to look more promising. In the property market, the level […]read more>>
Brokers are highlighting to home buyers and those looking to remortgage that the cheapest mortgage option is currently a 10-year fixed rate. As interest rates continue to rise and the cost of living crisis takes hold, those looking to buy a home or remortgage will soon find that they need to take a longer-term mortgage […]read more>>
Inflation is affecting all of us – from our energy bills to our food shopping and petrol prices, everything is more expensive than it was this time last year. However, the change that could have the most impact on our pockets is the increase in mortgage rates. The UK inflation target is 2%, but in […]read more>>