fbpx

01257 273324 - Forbes Estates & Letting Agents

Monthly Archives: February 2025

ATTENTION FIRST-TIME BUYERS

First Time Buyers – There’s a first time for everything, and in this 3-minute easy-read, we share advice on making your property buying debut a successful one. Do you remember when you rode a bike without support for the first time? Or when you learned to swim? And who can forget the moment when the […]

NEWS

How will the interest rate cut affect the property market?

The Bank of England has reduced interest rates to 4.5%, marking its third cut in under a year. This decision follows a previous reduction in November 2024, with the rate remaining unchanged in December. While most of the Bank’s nine policymakers supported the move to 4.5%, a minority favoured a more aggressive cut to 4.25%, […]

NEWS

The Forbes UK Property Market Update

The UK Property Market Update for the week, finishing Sunday, the 18th of January 2025 Listings (New properties coming on to the market) – 33.7k UK listings this week (week 2). 19% higher than wk2 in 2024 YTD. 18% higher YTD than 17/18/19 YTD · % of Resi Sales Stock being reduced (Monthly): 7.8% of Resi sales […]

NEWS

Preston Property Blog – Are We Building Too Many Homes?

The issue of new housebuilding in the UK stirs strong emotions. Many believe their local areas are turning into construction zones, with too many homes being built, disrupting the character of towns and villages. But is this perception grounded in reality? The Labour government, which came into power in the summer of 2024, has set […]

NEWS

ATT LANDLORDS – Rental Market Squeeze: Why Fewer UK Homes Are Available to Rent

Despite the overall number of rental properties in the UK remaining relatively stable—around 4.87 million in 2024 compared to 4.85 million in 2017—the availability of rental homes on the market has declined sharply in many regions. This isn’t because landlords are exiting en masse, but because fewer properties are being listed as tenants are staying […]

NEWS