Property Market Update Newcastle - Best Area to Invest!
2 minute read posted by The NGU Homes Team
Newcastle is smashing it right now when it comes to property sales, doing way better than the national average. Over the last three months, prices here have jumped 1.9%, compared to just 0.6% nationally. NE6 is on fire! This...
Property Market Update Gateshead
1 minute read posted by The NGU Homes Team
Gateshead continues to outperform the national market for sales. Over the last 12 months, prices have increased by 4.5% vs the national average of 2.3%. As you can see below the hottest areas are in NE8, sales prices in areas are...
Bank Of England Interest Rate Cut November 2024
2 minute read posted by The NGU Homes Team
Today, 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...
Property Market Update Darlington
2 minute read posted by The NGU Homes Team
Darlington 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...
Inside A Tenanted Property With Bathroom Mould
3 minute read posted by The NGU Homes Team
Watch 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...
2024 Budget Update: How Does The New Changes Impact Landlord & Tenants?
3 minute read posted by The NGU Homes Team
The 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....
Property Market Update Redcar & Cleveland
2 minute read posted by The NGU Homes Team
Redcar & 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...
Property Market Update Middlesbrough
2 minute read posted by The NGU Homes Team
Middlesbrough continues to outperform the national market for sales. Over the last 12 months, prices have increased by 4% vs the national average of 2%. As you can see below the hottest areas are TS1 & TS3 for sales prices which...
October 2024 Property Market Update: How Are Property Prices Shaping Up?
3 minute read posted by The NGU Homes Team
As we transition into the final quarter of 2024, it’s time to reflect on the state of the property market and how prices have shifted over the past year. At NGU Homes, we’ve been monitoring the trends closely to provide...
What will happen to house prices if interest rates fall to 2.75%
1 minute read posted by The NGU Homes Team
The last few years have been tough for homeowners and tenants. Interest rates have increased from 0% to 5.25% in a short period of time, resulting in values stagnating and landlords increasing rents to cover their increased...