Third interest rate cut in a year welcomed
The Bank of England’s monetary policy committee has today reduced interest rates to 4.5%. The cut of 0.25% is the third such reduction in a year and means rates are now at their lowest point since June 2023. The decision could lead to cheaper borrowing costs for things such as mortgages and loans but could […]
Opportunity knocks at SBK’s next auction
Buy-to-let investment opportunities, land, a former Methodist chapel and two garages are among the lots at Sheldon Bosley Knight’s next auction. The live-streamed auction sale takes place on Wednesday, February 12, and will feature eight lots from across Coventry, Warwickshire, Leicestershire and Worcestershire. A two-bedroom terraced house in Coventry is one which has gained most […]
Gongs galore for our excellent teams
Staff across the Sheldon Bosley Knight Group have been celebrating their achievements over the past 12 months. On Wednesday, January 15, eight awards were given out to those who had gone above and beyond in 2024. The Evesham team scooped two prizes – that of the Jephson Legal Award and lettings team of the year. […]
Planning for new developments
Proposals to enable untapped land near commuter transport hubs to be unlocked for new housing have been given a cautious welcome. Ahead of the chancellor’s speech next week on economic growth, the government announced planning reforms to expedite its promise to deliver 1.5million new homes over the five-year parliamentary term and in turn generate economic […]
Inquiry into land value policies welcomed
A committee of cross-party MPs is to look into how land value capture policies can contribute to the delivery of the government’s house building plans. Such polices capture the uplift in value on land when it is granted planning permission. The Housing, Communities and Local Government (HCLG) committee will consider possible reforms to the current […]
No Blue Monday for sellers as house prices see largest January rise since 2020
Those looking to sell their homes will be anything but blue this Blue Monday. Data from property portal Rightmove suggests the average price of property coming to market for sale has risen by 1.7% this month. The increase of £5,992 to £366,189 is the largest monthly jump at the start of a year since 2020. […]
House prices keep on rising
Good news for anyone wishing to sell their house as prices rose for the fourth consecutive month in December. Figures from Nationwide showed the cost of an average home in the UK hit £269,426 last month, a rise of 0.7% on November and up 4.7% year-on-year. All regions in the country saw an increase with […]
My home is my castle
If you have ever fancied living within the walls of a castle, now could be your chance. Number 5 Castle View in the historic city of Leicester has this week come to market and represents a fabulous opportunity to own a piece of history. Built in 1850, the Grade II listed house is sited in […]
Toys on the Table
More than 50 toys have been collected by Sheldon Bosley Knight’s Loughborough office to support a charity’s annual Christmas appeal. Toys on the Table is a Leicestershire-based charity which distributes presents to children of all ages who might otherwise not receive anything during the festive season. For the last few years the office has been […]
