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The rental market in the UK is booming, and property owners are looking for ways to generate income from their property. By using a property manager, landlords can enjoy the benefits of a monthly rental income while someone else does the work.

Given the demand for property, it is no surprise homeowners are achieving close to their asking price, but you might be surprised at the rate this happens. A recent study by GetAgent found property owners in England and Wales are reaching 99.4% of their asking price. This represents an increase of 2.4% for this outcome compared to last year.

If you are thinking of selling your home in the UK, you may find this guide useful. First-time sellers may find it helpful, but even experienced sellers should know the latest changes in the laws and market.

A study by Quick Move Now indicates 31% of property sales in the second quarter of 2022 fell through. From the sales that failed to conclude satisfactorily, 30% failed because mortgage companies refused to provide funds to applicants. There is a growing feeling mortgage lenders are placing stricter controls on lending.

Other factors cited were gazumping, and the buyers’ circumstances changing before they finalised the purchase.

More and more people are taking out lifetime mortgages as a way to release the equity in their homes. These mortgages have been increasing in popularity in recent years, due to the flexibility they offer and the fact that they can help borrowers stay in their homes for longer. If you're thinking about taking out a lifetime mortgage, it's important to understand how they work and what to look for before you commit. This blog post will give you all the information you need to make an informed decision.

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