Latest property news from Truuli

Truuli behind Gas Safety Week 2018

Truuli  has pledged its support for Gas Safety Week (17th-23rd September 2018) and will be helping to raise awareness about the importance of gas safety. The eighth annual Gas Safety Week sees organisations from across the UK working together to raise awareness of the dangers of poorly maintained gas appliances, which can cause gas leaks, fires, explosions and carbon monoxide (CO) poisoning. This year, Gas Safety Week is addressing a

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Truuli are backing calls for a Property MOT in the private rented sector…

Researchers from the University of York have called for the introduction of a Property MOT, operating in a similar manner to the system for cars whereby the condition of homes are checked on an annual basis. In summary, the report states that current regulation of the sector is ‘confused and contradictory’, ‘failing at multiple levels’. The report reveals that conditions of a property worsen the longer tenants are inhabiting, with

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Should I fix my mortgage for five years?

Should I fix my mortgage for five years? Historically two year fixed rate mortgages have been the go to product when taking out a new mortgage or re-mortgaging. In my opinion, the main reason for this choice is historically the price difference between a two and five year fix has been wide enough to not make it worthwhile paying the extra money. Over the past couple of years in a

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Truuli - Bank of England

Has today’s interest rate increase made things difficult for aspiring homeowners?

The Bank of England’s Monetary Policy Committee has announced today that interest rates will increase by 0.25% to 0.75%, in a unanimous vote. Today’s news will be welcomed by savers in general but not for those saving to get on the property ladder as any increase in savings rates won’t bridge the gap on rising house prices. Homeowners not on fixed term mortgages will see an average rise of around

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Economists predict an interest rate rise in the near future

With the royal wedding and recent record temperatures boosting the UK economy in May, economists predict an interest rate rise in the near future. The UK economy grew by 0.2% in the three months leading to May, compared with the previous three-month period, the latest figures from the Office for National Statistics (ONS) show. However, wages rose more slowly over the same period, wage growth, excluding bonuses, slipped to 2.7%

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Truuli’s Local Guide To Croydon

REGENERATION Croydon is a wonderful suburb in Surrey that is undergoing major reinvention with a modern city feel. The Council is now working with the Mayor of London on the Croydon Opportunity Area. An Opportunity Area Planning Framework (OAPF) has been proposed for the town centre to coordinate this investment. Work is underway on five masterplans underpinning the preparation of this framework: East Croydon, West Croydon, Mid Croydon, Fairfield, and Old Town. There are

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