Housing Market Update: Average Asking Prices Reach Record High This Spring

The UK property market has made a confident start to spring, with the average asking price of a home reaching a new record high. This comes despite the end of the temporary stamp duty relief at the beginning of April, demonstrating that both buyers and sellers remain active and engaged.

According to the latest figures from the April House Price Index, the average asking price for a UK property now stands at £377,182. This represents a monthly increase of 1.4 per cent and an annual rise of 1.3 per cent. Buyer demand has grown by 5 per cent compared to this time last year, while the number of new sellers entering the market has increased by 4 per cent year-on-year. Stock levels are now the highest for this time of year in over a decade.

The Bank of England Cuts Interest Rates to 4.25%

In a move widely anticipated by markets, the Bank of England has reduced the base interest rate from 4.50% to 4.25% today.

Mortgage Market Update: Borrowing Opportunities Improve as Lenders Cut Rates and Ease Rules

A shift is taking place across the mortgage market, bringing a wave of opportunity for both prospective buyers and existing homeowners. Leading lenders are responding to expectations of falling interest rates by reducing mortgage pricing and easing affordability criteria. This development could enhance borrowing potential for many households in the months ahead.

Labour Government Plans to End Leasehold for New Flats

The Labour Government has announced plans to ban the sale of new leasehold flats in England and Wales, replacing them with a commonhold ownership structure. If passed into law, this change would mean that future flat buyers will own their property outright, rather than leasing it for a set period and paying service charges and ground rent to a freeholder.

Is Your Five-Year Fixed Mortgage Ending? Here’s What You Need to Know

If your five-year fixed mortgage deal is coming to an end, you might be wondering what to do next. Many homeowners who locked in a low fixed rate several years ago are now facing a different mortgage market, where rates have changed.

Do You Need a LIFT Onto the Property Ladder?

The Scottish Government’s LIFT Open Market Shared Equity (OMSE) scheme is open for applications. Eligible buyers can get funding of up to 40% toward the price of a home in Scotland.

How First-Time Buyers Can Get a Mortgage – A Guide to Government Schemes and Support

Buying your first home is exciting, but it can also feel overwhelming—especially when saving for a deposit, understanding mortgage options, and navigating rising house prices. If you or someone you know is trying to get onto the property ladder, there are government schemes and mortgage options that can help make buying a home more achievable.

HMRC Plans to Raise Side Hustle Tax Threshold and Strengthen Anti-Tax Evasion Measures

The UK government has announced plans to increase the tax reporting threshold for side incomes from £1,000 to £3,000 by the end of 2029. This change is expected to remove up to 300,000 people from self-assessment tax returns, simplifying tax obligations for individuals earning from small-scale trading, freelancing, and online selling.

Landlords Face £15,000 EPC Upgrade Bill as Government Confirms 2030 Deadline

Millions of rental homes must meet stricter energy efficiency rules – and tenants could feel the impact.

Landlords are being warned of hefty costs after the government confirmed that all rental properties must achieve an Energy Performance Certificate (EPC) rating of C by 2030.

The Government’s Help to Build Scheme: Making Custom and Self-Build Homes More Accessible

For many people, the idea of building their own home has long been seen as a luxury—complex, expensive, and out of reach for all but the wealthiest. However, the UK government’s Help to Build scheme is seeking to change that, offering financial support to those who want to design and construct their own homes rather than buy on the open market.

© Copyright Protect Mortgage Solutions
All rights reserved. Website by Clyq
Privacy Policy | Cookie Policy | Complaints Procedure

The Financial Conduct Authority does not regulate some forms of Buy to Lets. Think carefully before securing any other debts against your home. Your home/property may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.