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The UK housing market is constantly evolving, and 2025 is shaping up to be another year of change. With house prices shifting, mortgage rates adjusting, and upcoming tax changes, many buyers and homeowners are wondering what their next move should be.
Here’s a look at the key trends shaping the market and what they could mean for anyone looking to buy, sell, or re-mortgage this year.
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A well-prepared tenancy agreement is essential for ensuring a smooth and stress-free rental experience for both landlords and tenants. A clear and legally compliant contract helps prevent disputes and misunderstandings while protecting the rights of both parties. Whether you are renting out a property or moving into one, here are some key pitfalls to avoid when entering a tenancy agreement.
Not reviewing the agreement carefully
One of the most common mistakes tenants make is signing a tenancy agreement without fully reading and understanding it. Landlords should also ensure the contract is clear, up to date, and compliant with current legislation. Both parties should carefully review terms related to rent, deposit, maintenance responsibilities, and notice periods before signing. Seeking clarification on any unclear clauses can prevent problems later on.
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When selling a home, the right marketing strategy can make all the difference. While online listings and digital advertising are essential in today’s market, there is still something to be said for the traditional ‘For Sale’ sign. Simple yet effective, this classic tool plays a crucial role in making your property stand out.
First impressions count
A ‘For Sale’ sign is often the first thing potential buyers see when passing through a neighbourhood. It creates instant awareness and signals that a home is available. This visibility is especially important in areas where people actively look for properties, as it catches the attention of both serious buyers and those who might not have been considering a move but are drawn in by the opportunity.
A sign of trust and credibility
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The UK property market is set to undergo significant changes in March 2025, with adjustments to Stamp Duty Land Tax (SDLT) thresholds poised to impact various stakeholders, including landlords. Understanding these changes and their potential effects is crucial for property investors and landlords planning future acquisitions or managing existing portfolios.
Overview of the 2025 Stamp Duty Changes
In 2022, the Conservative government temporarily increased the SDLT threshold to £250,000 to stimulate the housing market. This measure is scheduled to revert to its previous level of £125,000 in March 2025. Additionally, the Labour government’s Autumn Budget in October 2024 introduced an increase in the stamp duty surcharge for second homes and buy-to-let properties from 3% to 5%, effective from October 31, 2024.
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When it comes to selling your home, it's not just about square footage, modern fixtures, or a fresh coat of paint. Buyers are often driven by emotions, and creating a deep emotional connection can make all the difference in closing a sale. A home that feels warm, inviting, and full of life will stand out in buyers' minds long after they've left a viewing. Here’s how to create that emotional connection that turns a casual viewer into a committed buyer.
