Right Advice Mortgage Consultancy Ltd

07/09/2026

18/08/2026

Homes taking an average of 76 days to sell in some areas...

30/07/2026

🏡 UK Housing Market Update: Summer Slowdown, But Signs of Opportunity Ahead 📊

The latest Zoopla House Price Index reveals that the UK property market has cooled over the summer, with higher mortgage rates and political uncertainty impacting buyer activity.

✅ UK house price inflation: 1.3%
⬇️ Down from 1.7% a year ago

While growth continues, the pace has slowed as buyers become more cautious.

The North East was also the only region to see an increase in sales activity compared to last year.

📉 Summer Sales Activity Falls

Sales agreed were 9% lower than a year ago during the four weeks to 19 July, making this the weakest sales period of 2026 so far.

🏠 The North East bucked the trend, recording a 4% increase in agreed sales.

Zoopla attributes the slowdown primarily to:

✔️ Higher mortgage rates
✔️ Political uncertainty
✔️ Affordability pressures

The average mortgage rate increased from approximately 4.65% in June to 4.75% in July.

For many homeowners, rate increases since January have added around:

💷 £125 per month
💷 £1,500 per year
to the cost of a typical mortgage.

🏘️ More Choice for Buyers
There is some good news for buyers.

✅ The number of homes available for sale has increased year-on-year in 8 of the UK's 11 regions.

More choice means buyers can take their time, compare properties and negotiate more confidently.

🍂 Could September Bring a Market Bounce?
Historically, the property market sees activity pick up after the summer holidays.

Zoopla expects a potential September bounce as sellers begin adjusting asking prices to better reflect buyer demand.

📊 Properties reducing their asking price by 5% or more have historically peaked in September, often helping to stimulate buyer activity and agreed sales.

However, this recovery will depend heavily on mortgage rates remaining stable.

💭 What does this mean for buyers and sellers?

The market remains active, but realistic pricing and expert advice are becoming increasingly important. For buyers, there is more choice available. For sellers, understanding local market conditions and pricing correctly from the start will be key to achieving the best result.

📞 01908 322 223
📧 [email protected]

🏡📊

30/07/2026

Interest rate held at 3.75% for fifth time in a row
The Bank of England has held interest rates at 3.75% for the fifth time in a row.

Sky news confirms;

The decision was expected by analysts as the nine-member Monetary Policy Committee weighs up the impact of the Iran war.

Six members voted to hold the rate, while three opted for a hike to 4%.

This is a shift from the previous vote when seven members wanted to hold and only two wanted to increase the rate.

Explaining the decision, the committee warned that inflation was likely to rise over the rest of this year as higher global energy prices continue to feed through.

"That is due to a mix of the direct effects of higher global prices on household utility prices and indirect effects, as companies at home and abroad pass on increases in their energy costs through supply chains," it added.

Before the decision, markets had fully priced in one rate hike this year at the Bank's November meeting - we will see if their expectations have changed shortly.

29/07/2026

Looking at buying a new home - Do you ever check the property EPC?

🏡 What is an EPC? (Energy Performance Certificate)
Understanding Your Home's Energy Efficiency

An Energy Performance Certificate (EPC) shows how energy efficient a property is and provides recommendations on how it could be improved.

Every property receives an energy efficiency rating from A to G:

🟢 A = Most energy efficient
🟢 B = Very efficient
🟡 C = Good efficiency
🟡 D = Average efficiency
🟠 E = Below average
🔴 F = Poor efficiency
🔴 G = Least energy efficient
An EPC is usually required when:
✅ Buying a property
✅ Selling a property
✅ Letting a property
The certificate is valid for 10 years.

🔍 What Information Does an EPC Provide?
An EPC includes:

✅ Current energy efficiency rating
✅ Potential energy efficiency rating after improvements
✅ Estimated energy costs for heating, hot water and lighting
✅ Carbon dioxide (CO₂) emissions information
✅ Recommended energy-saving improvements
Examples of improvements may include:

Loft insulation
Cavity wall insulation
Solar panels
More efficient heating systems
Double or triple glazing

📊 What is SAP?

SAP stands for Standard Assessment Procedure.
It is the UK Government's methodology for measuring and comparing the energy and environmental performance of homes.

The SAP assessment considers factors such as:

🏠 Property size and construction
🔥 Heating systems and controls
💡 Lighting efficiency
🪟 Insulation levels
☀️ Renewable energy technologies (such as solar panels)
Properties are given a SAP score from 1 to 100+:

1–20: Very poor efficiency
21–38: Poor efficiency
39–54: Fair efficiency
55–68: Average efficiency
69–80: Good efficiency
81–91: Excellent efficiency
92–100+: Net-zero or energy-positive homes

The EPC rating is based on this SAP score.

🌱 Why Does Your EPC Matter?
A better EPC rating can:
✅ Reduce energy bills
✅ Increase property appeal to buyers and tenants
✅ Improve mortgage options through Green Mortgages
✅ Reduce your home's environmental impact
✅ Support future property value

Thinking About Making Your Home More Energy Efficient?
Improving your EPC rating could help lower your monthly energy costs and may open up access to specialist green finance products.

📞 Right Advice Mortgage Services
☎️ 01908 322 223
📧 [email protected]

Helping homeowners understand energy efficiency and the financial opportunities available through greener homes. 🌿🏡

29/07/2026

💙 Need a Mortgage Capacity Report? We're Here to Help. 💙
Going through a separation or divorce can be an emotional and challenging time, with many important financial decisions to consider.

As part of legal proceedings, you may be asked to provide a Mortgage Capacity Report. This report typically includes:

✅ The information and assumptions used in the affordability assessment
✅ The maximum mortgage you may be able to secure
✅ The proposed mortgage term
✅ Estimated monthly repayments on both:

A capital repayment (full repayment) basis
An interest-only basis

At Right Advice, we understand that every situation is unique, and we aim to provide clear, professional, and supportive guidance throughout the process.

If you require a Mortgage Capacity Report or would like more information, we're happy to assist.

📧 [email protected]
📞 01908 322 223

Helping you make informed financial decisions when you need it most.

Call now to connect with business.

23/07/2026

Bank of England Prediction?

Update from the Santander Chief Economist

"What does this mean for July’s MPC meeting?

It is very likely that the Committee will choose to hold – there may remain dissenters to that given the recurrence of bombing in the Middle East – but with inflation below 3% it does give the MPC room to wait and see and with Bank Rate at 3.75% this still remains slightly restrictive and financial markets have tightened again on the back of the renewed fighting. But it looks like cuts remain some way off.”

13/07/2026

30/06/2026

BIGGEST JUNE PRICE DROP IN 14 YEARS 📉🏡

Rightmove's latest market data shows that UK sellers are becoming increasingly competitive, with average asking prices falling by 0.6% (£2,113) during June.

📊 The average UK asking price now stands at £376,191, marking the largest June decline in 14 years.

What's driving the change?

✅ Record numbers of homes available for sale
✅ Increased choice for buyers
✅ Unseasonably hot weather
✅ Summer sporting distractions
✅ More cautious buyer behaviour

For sellers, pricing correctly is becoming more important than ever in order to stand out in a crowded market.

For buyers and investors, increased stock levels may create opportunities to negotiate and secure better value.

📍 Remember: Property is Local

National averages don't tell the whole story. Market conditions, buyer demand, rental yields, and property values can vary significantly between regions, towns, and even individual neighbourhoods.

Before making any property decision, it's important to understand what's happening in your local market—not just the national headlines.

We can help with points of discussion in this area should you wish using our knowledge of agreed sales that are processing to mortgage application, (and recently exchanged transactions),rather than focusing on just headline marketing prices.

Call 01908 322 223 or email [email protected]

25/06/2026

A heartfelt thank you to our entire team, whose dedication, expertise, and hard work for every individual client help us earn reviews like this. I truly appreciate everything you do! Kev Hannan