What is the average deposit for first-time buyers in 2023?

What is the average deposit for first-time buyers in 2023?

In the UK, first-time buyers save between £26,400 and £144,500 on a home purchase. Learn how much people save for a home in different areas of the country. First-time buyers in the UK are expected to pay an average deposit of £34,500 for a £240,000 home in 2023. The...
You and your finances: What you need to know about interest rates

You and your finances: What you need to know about interest rates

In an effort to slow the price rise, the Bank of England has raised interest rates for a 12th consecutive time. During the meeting of the Monetary Policy Committee, the Bank rate was raised to 4.5% from 4.25%. It will cause further pain to some homeowners, but it...
First-time buyers face record prices as sales recover

First-time buyers face record prices as sales recover

The average price of property coming to market rises by just 0.2% (+£890) this month, lower than the average of 1.2% at this time of year, as new sellers heed their agents’ advice to price cautiously and tempt Spring buyers Despite the economic headwinds,...
Carpenter Surveyors welcome Ryan Oakes to the team

Carpenter Surveyors welcome Ryan Oakes to the team

Carpenter Surveyors is delighted to welcome Ryan Oakes to Carpenter Surveyors, which further extends our coverage across Leicestershire. Ryan is an AssocRICS Chartered Surveyor based in Burbage, and further strengthens the firm with his extensive knowledge of...
What is an Energy Performance Certificate (EPC)?

What is an Energy Performance Certificate (EPC)?

Your home’s energy efficiency can be determined by those three letters. Learn all about EPCs and how to obtain one. How does an EPC rating work? The Energy Performance Certificate (EPC) measures the energy efficiency of your home. With an A rating, your home...