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Leasehold reforms become law.
Homeowners will receive more rights, power and protections over their homes under the Leasehold and Freehold Reform Act which has become law. Easier and cheaper for leaseholders to buy their freehold. The Act will increase standard lease extension terms to 990 years for houses and flats, and provide greater transparency over service charges. The Act…
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Inflation Drop and Its Potential Impact on Mortgage Interest Rates
Introduction Today’s headline is the announcement of a drop in inflation rates. Inflation, the sustained increase in the general price level of goods and services over time, is a key economic indicator that can influence a multitude of financial decisions, including mortgage interest rates. This blog explores the potential implications of the recent inflation drop…