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The Bank of England has kept the interest rate at 5.25% in a 'finely balanced' decision.

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What are the political parties’ policies on housing?

Policy Area

Conservative

Labour

Liberal Democrats

New Homes

1.6 million new homes over the next parliament.

1.5 million new homes over the next parliament.

380,000 new homes per year.

Social Housing

Renew Affordable Homes Programme for developers.

Significant increase in social and affordable housing, focusing on social rented homes.

150,000 new social homes per year, giving local authorities power to end Right to Buy.

First-time buyers

Stamp duty exemptions; new Help to Buy scheme; mortgage guarantee scheme.

Comprehensive mortgage guarantee scheme; first chance for first-time buyers on new-builds.

Rent payments to progressively give social tenants ownership over 30 years via a Rent to Own model.

Renters

Complete Renters Reform Bill and ban no-fault evictions.

Ban no-fault evictions; extend Awaab’s Law; empower renters to challenge unreasonable rent increases.

Ban no-fault evictions; introduce national register of landlords; set three-year default tenancies.

Leasehold reform

Cap ground rents at £250 and end the misuse of forfeiture.

Reform the leasehold system, ensuring commonhold becomes the default tenure.

Abolish residential leaseholds and cap ground rents.

Homelessness

Continue plans to end rough sleeping.

Develop a new cross-government strategy to end homelessness.

End rough sleeping within the next Parliament and scrap the Vagrancy Act.

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The Bank of England and its Governor Andrew Bailey have decided to freeze the base interest rate again this month, keeping it at 5.25%

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Rates remain at 5.25% but inflation is heading towards 2% which all-but guarantees a welcome cut soon.

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UK inflation has fallen to 3.4% which is the lowest in nearly two years.

  1. TOP TIPS FOR SELLING YOUR HOME
  2. INTEREST RATE TO STAY THE SAME
  3. WINNERS AGAIN!!
  4. FIRST-TIME BUYERS MAY STAGE A COMEBACK

Why Sell Your Home With Fox Estate Agents?

  • Fox Estate Agents have won multiple awards based on extremely high standards of Customer Service.
  • Chris Fox FNAEA has over forty years experience and is backed by a highly experienced, dedicated team.
  • You will have a personal Sales Progressor overseeing your transaction.
  • Fox Estate Agents is an NAEA Propertymark member firm and are also members of The Property Ombudsman Scheme.
  • Our Terms of Business are, No Sale, No Fee and we are here to assist you seven days a week.

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Customer Reviews

  • We are 100% satisfied and cannot recommend Fox Estates strongly enough. The team were extremely professional, friendly, and approachable from the minute we asked for a valuation right until completion. Their knowledge of the local area was spot on and made the difference on the sale of our house. We are grateful to Chris in particular for his attention to detail, responsiveness to emails and a willing pro-activeness to help keep things moving. I would not hesitate in recommending Fox Estates to my friends and family..

  • Chris Fox put my house on the market on June 13th and advised me to have an open house. 26 people viewed the property and I had 6 really good offers. By 3rd of August we had completed!Chris guided me through the sale with professionalism, integrity, friendliness and his extensive knowledge which can only come from spending 35 years doing a job he is still clearly passionate about.

  • Chris is very efficient and professional at all times. He made the sale of our property effortless and acted beyond the call of duty on our behalf.

  • During my career I have come across many estate agents and Chris really is a true professional, with the highest standards of integrity and professionalism I have seen. As well as having referred him to my own clients and had excellent feedback, I have personally used Chris to sell my property and I have been extremely impressed, and would recommend him to everyone.

  • I instructed Chris to sell my house and when he found a buyer the sale went through in just over 6 weeks. His service was excellent and I would recommended him to anyone. A few months later my mum instructed him to sell her house and again he found a buyer and the sale progressed to completion without a problem. Chris is very knowledgeable and professional and he will give you a very helpful, friendly and attentive service. If you are thinking about buying or selling I would suggest you give him a call

  • I employed Chris Fox to sell my parents home when my mother died last year. He handled the sales with professionalism and respect for my family. He was very eager to secure the right sale and was tenacious on our behalf. He kept us fully informed of all developments during the sale and achieved a very good outcome on our behalf. I would recommend Chris Fox wholeheartedly.

  • AFTER 4 MONTHS OF AGGROVATION WITH ANOTHER ESTATE AGENT I APPROACHED CHRIS ABOUT 2 MONTHS BACK, I EXPLAINED THAT I HATED ESTATE AGENTS, CHRIS HAS GONE A LONG WAY TO REPAIRING THAT IMAGE HAVING DONE A SPLENDID JOB IN SELLING MY HOUSE WITHIN 3 DAYS THE WHOLE PROCESS TOOK 6 WEEKS TO THE POINT I HAD MOVED EXCELLENT ATTITUDE AND A TRUE PROFESSIONAL

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