Property Market Update Redcar & Cleveland
posted by The NGU Homes Team on 31st Oct 2024Redcar & Cleveland continues to outperform the national market for sales. Over the last 12 months, prices have increased by 3% vs the national average of 2%. As you can see below the hottest areas are TS10 3, TS10 4 & TS10 5 for...
2024 Budget Update: How Does The New Changes Impact Landlord & Tenants?
posted by The NGU Homes Team on 31st Oct 2024The 2024 Budget, announced by the Chancellor, has introduced over £40 billion in tax rises, impacting a range of sectors, including property. Notably, landlords have been affected by a key increase in Stamp Duty for second homes....
Inside A Tenanted Property With Bathroom Mould
posted by The NGU Homes Team on 31st Oct 2024Watch Our Youtube Short Now! Condensation and mould are common issues in rental properties, particularly in bathrooms where moisture levels tend to be high. Left unchecked, mould can lead to costly repairs and potential health...
Property Market Update Darlington
posted by The NGU Homes Team on 6th Nov 2024Darlington continues to outperform the national market for sales. Over the last 12 months, prices have increased by 3.4% vs the national average of 2%. As you can see below the hottest areas are in DL1, sales prices are up 6% over...
Bank Of England Interest Rate Cut November 2024
posted by The NGU Homes Team on 7th Nov 2024Today, the Bank of England made a strategic move, voting 8-1 to cut interest rates from 5% to 4.75%. This cut means more affordable mortgages, setting the stage for what experts predict will be a substantial increase in North-East...