Dan Gale 16/07/2025 Dan Gale 16/07/2025

Simple Summer Projects That Could Add Thousands to Your Home’s Value

Summer is the perfect time to tackle those home improvements you have been putting off. But instead of just ticking off a list of repairs, why not focus on the projects that can actually add value to your property?

Whether you are planning to sell soon or simply want to enhance your living space, these simple updates could increase your home's appeal and potentially boost its value by thousands of pounds.

Freshen Up the Exterior with a Coat of Paint

The outside of your home is the first thing anyone sees, and a tidy, well-maintained exterior makes a lasting impression. Painting your front door, window frames or external woodwork can dramatically improve kerb appeal. According to several property experts, a smart and clean-looking exterior could add £15,000 to a home’s value, depending on the scale of the work and the existing condition of the property1.

These types of jobs are ideal for summer, as dry, warm days help paint and treatments to set properly. They are also low-cost, often requiring little more than a weekend of effort and a few cans of quality paint. If you are repainting near open walls, fences or doors, remember to check that fire alarms remain active and that you are not doing anything that might affect your home insurance without informing your provider.

Tidy Up Your Patio or Decking Area

Outdoor spaces are a big selling point, especially during the summer. Cleaning up your patio or refreshing your decking can make your garden far more usable and attractive. Tasks like replacing broken slabs, power-washing surfaces, sanding and re-staining decking, or adding simple lighting features can transform a tired space into a relaxing retreat.

Well-maintained gardens can contribute as much as 5% to a property's sale value1. For a home valued at £3,000, that could mean a potential boost of £15,000 . Before carrying out any electrical work outdoors, always use a qualified professional and check that your home insurance policy covers outdoor fixtures.

Add Loft Insulation for Year-Round Savings

Loft insulation might not be the most glamorous summer project, but it is one of the most cost-effective. Adding or upgrading insulation can help reduce heat loss during winter and keep your home cooler in the summer. Studies suggest that homeowners can save up to £790 a year on their energy bills after insulating a poorly insulated loft2.

Although the cost of professional insulation varies depending on the size and accessibility of the space, it is an investment that can pay for itself within a few years. Summer is an ideal time to get this work done because loft spaces are dry and easier to access when temperatures are higher.

Install a Smart Thermostat

Smart thermostats are becoming increasingly popular among homeowners looking to manage their heating more efficiently. These devices allow you to control your home’s temperature remotely and can adjust automatically to your habits. Some models can even detect when windows are left open and respond accordingly.

The cost of a smart thermostat device typically ranges from £110 to £300, and installation may cost a further £70 to £150 depending on the complexity of your heating system. Homeowners often save between 10%-15% a year on energy bills, and smart technology can add up to 2% to 5% of the property’s value3.

If you are considering installing a smart thermostat, make sure your boiler is compatible and use a certified engineer. You should also let your home insurer know about the upgrade, as it may affect your policy.

Before You Begin: Safety and Financial Considerations

Before starting any improvement project, test your smoke alarms and check that you are not invalidating your insurance policy. This is particularly important if you are doing DIY or using external tradespeople. If you are planning structural work, installing new wiring or making major upgrades, you may also need to notify your local authority or mortgage provider.

This is where your mortgage adviser can help. If you are making significant changes to your home, it is always best to check whether this will affect your mortgage terms, your insurance cover or your overall protection. An adviser can guide you on whether you need additional cover, whether a valuation will be affected, or whether now might be a good time to review your mortgage deal in light of your investment in the property.

The Bottom Line

July is a great time to invest in your home. From painting and patios to insulation and smart tech, there are projects that suit every budget and can boost the comfort, energy efficiency and value of your property. Just remember to plan carefully, stay safe, and always speak to your mortgage adviser before making any big decisions that could affect your finances or your cover.

Sources:

1. The Sun (2025). 7 easy and cheap home improvements that could add £75,000 to your home... Available at: https://www.thesun.co.uk/money/33358192/easy-cheap-cost-effective-home-improvements/ [Accessed 24 Jun. 2025].

2. EDF. (2024). Home Insulation Installs | Loft & Cavity Wall Insulation | EDF. Available at: https://www.edfenergy.com/heating/insulation#footnote-energy-saving-trust-home-insulation-costs [Accessed 24 Jun. 2025].

3. Homeadviceguide (2021). Understanding Smart Thermostat Installation Cost: A Complete Guide. Available at: https://www.homeadviceguide.com/smart-thermostat-installation-cost/ [Accessed 24 Jun. 2025].

All the information in this article is correct as of the publish date 3rd July 2025. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Please be aware that by clicking on to any of the above links you are leaving our website. Please note that neither we nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

Dan Gale 07/04/2025 Dan Gale 07/04/2025

Spring Statement 2025: What You Need to Know

On the 26th of March, Chancellor Rachel Reeves delivered her first Spring Statement, setting out the government’s latest plans for the economy, public services, housing and more. With a focus on stability, growth and long-term reform, the statement outlined key changes that could affect everything from homebuilding and defence to tax and welfare.

We’ve summarised the main announcements below so you can quickly understand what’s changing.

1. Economic Outlook and Fiscal Position

The UK economy is forecast to grow by 1.0% in 2025, rising to 1.9% in 2026, with growth upgraded from previous forecasts for every year after 2025.
Inflation is expected to peak at 3.8% in July 2025, before falling close to the 2% target from mid-2026 onwards.
The government is forecast to meet its fiscal rules (stability and investment) two years early, with the current budget in surplus by £9.9 billion in 2029-30.
Public sector net borrowing is forecast to fall from 4.8% of GDP in 2024-25 to 2.1% in 2029-30.

2. Defence and Security

Defence spending will rise to 2.5% of GDP by April 2027, with a £2.2 billion increase in the MOD budget for 2025-26.
The government plans a further rise to 3% of GDP in the next Parliament, subject to economic conditions.
Investment includes enhancing military capabilities and establishing UK Defence Innovation (UKDI) with a £400 million ringfenced budget starting July 2025.

3. Housing and Infrastructure

An additional £2 billion will be invested in social and affordable housing in 2026-27, expected to deliver up to 18,000 new homes.
Planning reforms through the National Planning Policy Framework (NPPF) are projected to result in 170,000 additional homes by 2030 and add £6.8 billion to GDP by 2029-30.
The Planning and Infrastructure Bill aims to streamline planning for housing and critical infrastructure.

4. Skills and Construction

A £625 million construction skills package will train up to 60,000 additional workers, supporting the government’s goal to build 1.5 million homes in England during this Parliament.
Investment includes skills bootcamps, construction apprenticeships, and Technical Excellence Colleges.

5. Tax and Compliance

HMRC will recruit 500 additional compliance staff and 600 debt management staff, aiming to increase tax collection and reduce the £44 billion stock of tax debt.
Making Tax Digital (MTD) will be extended to self-employed and landlords with income over £20,000 from April 2028.
Penalties for late tax payments will increase from April 2025.
New consultations have been launched on tax adviser regulation, data use, avoidance promoters, and simplifying penalties.

6. Welfare Reform

The Universal Credit health element will be cut by 50% for new claimants from April 2026, and frozen for existing claimants until 2029-30.
The standard Universal Credit allowance will rise above inflation from 2026-27, reaching £106 per week in 2029-30 for single adults over 25.
Work Capability Assessment reassessments will restart, and Personal Independence Payment (PIP) eligibility will be tightened.
These reforms are expected to save £4.8 billion from welfare spending by 2029-30.

7. Public Services and Reform

A £3.25 billion Transformation Fund will modernise public services using digital technology and AI, with early investments in fostering, probation services, and AI pilot projects.
NHS England will be brought back into the Department of Health and Social Care to reduce bureaucracy.
Departments will reduce administrative budgets by 15% by the end of the decade, saving £2.2 billion annually.

8. Capital Investment and Growth Strategy

An additional £13 billion in capital investment has been allocated this Parliament.
Funding includes £4.8 billion for the Strategic Road Network in 2025-26 and support for infrastructure such as West Yorkshire Mass Transit.
A modern Industrial Strategy and a 10-Year Infrastructure Strategy will be published at the Spending Review on 11 June 2025.

9. International Development and ODA

Official Development Assistance (ODA) will be reduced from 0.5% to 0.3% of GNI by 2027, freeing up funds to meet the defence spending target.
The government remains committed to returning to 0.7% of GNI when fiscal conditions allow.

Our initial mortgage consultation is free and with no obligation, and should you proceed to an application there may be a fee for mortgage advice, payable on completion of your transaction. The precise amount will depend upon your circumstances and will be agreed with you before proceeding, but a typical fee is £395.

Source: HM Treasury (2025). Spring Statement 2025. Available at: https://www.gov.uk/government/collections/spring-statement-2025 [Accessed 26th Mar. 2025].

Dan Gale 28/03/2025 Dan Gale 28/03/2025

Making Tax Digital

Making Tax Digital for Income Tax Self Assessment for sole traders and landlords is coming.

Landlords and sole traders with business or property income over £30,000 will be required to maintain digital records of trading income and update HMRC each quarter using compatible software.

It will be rolled out in two phases:

From April 2026, for those with qualifying income over £50,000
From April 2027, for those with qualifying income over £30,000

Fore information can be viewed on this topic by clicking the link below;

https://www.gov.uk/government/publications/extension-of-making-tax-digital-for-income-tax-self-assessment-to-sole-traders-and-landlords/making-tax-digital-for-income-tax-self-assessment-for-sole-traders-and-landlords

Please be aware that by clicking on to the above link you are leaving Liddington & Co Ltd website. Please note that Liddington & Co Ltd nor HL Partnership Limited are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

Dan Gale 25/03/2025 Dan Gale 25/03/2025

Big Changes Proposed to Make Mortgages Easier

There’s some potentially good news on the horizon for homeowners and aspiring buyers: the Financial Conduct Authority (FCA) is considering shaking things up in the mortgage world. With house prices soaring and affordability feeling like a distant dream, these proposed changes aim to make borrowing simpler, fairer, and more accessible. If you’ve ever felt the stress of scraping together enough for a deposit or struggled to meet strict lending rules, this could be the break you’ve been waiting for.

What’s Changing?

The FCA is looking to loosen some of the rigid rules around mortgages to help more people get on - or move up - the property ladder. They’re reviewing everything from how much you can borrow to how your affordability is assessed.

For example, did you know that right now, mortgage lenders can only offer a limited number of loans to people borrowing more than 4.5 times their income1? Under the FCA’s plans, that rule might soon be relaxed, potentially giving buyers, especially first-timers, more options2. Plus, renters could see their regular payments count towards affordability assessments, finally recognising that if you’ve been paying rent every month, you can probably manage a mortgage too3.

If the plans materialise, these changes could mean more people being able to potentially afford the homes they want—whether they’re first-time buyers, upgrading for more space, or looking to downsize.

What It Means for You

Imagine this: Perhaps you’ve outgrown your current home but have been stuck because of the amount of lending available relative to your income, or you have first-time buyers in the family who are currently renting, but unable to get onto the property ladder – these proposed changes aim to address those very frustrations. By making the rules less restrictive, the FCA wants to make it easier for people to buy the home that suits their life.

A Balancing Act

Of course, the experts warn there’s a flip side. Relaxing these rules could mean lenders take on a bit more risk, and not every plan will succeed. However, the FCA’s chief, Nikhil Rathi states that this is about creating opportunities, even if it means taking some calculated risks3. For homeowners and buyers, it could represent a chance to access better deals and make homeownership dreams more attainable.

What’s the Catch?

Here’s the reality check: if demand for homes increases but there aren’t enough properties available, property prices could keep rising. That’s why it’s important to keep an eye on the supply side of housing too.

So, What’s Next?

If these changes go ahead, it could mark a significant shift in how mortgages work in the UK. Whether you’re looking to move into something a little bigger or have family members looking to take their first steps on the property ladder, the playing field might soon feel a little more even.

Rest assured that we’ll be here to share more information should any of these proposed changes go ahead, and how they may affect you. We’re here to help provide bespoke advice that’s tailor-made to your exact circumstances, so if you’re thinking of moving or looking at opportunities around the corner, please just get in touch and we can review your situation.

Sources

1. The Guardian (2025) UK mortgage rules could be eased to increase growth. Available at: https://www.theguardian.com/money/2025/jan/17/uk-mortgage-rules-growth-fca-home-ownership-ppi [Accessed 20 Jan 2025]

2. Scottish Business News (2025). Mortgage rules may be loosened to boost borrowing, says FCA. Available at: https://scottishbusinessnews.net/mortgage-rules-may-be-loosened-to-boost-borrowing-says-fca [Accessed 20 Jan 2025]

3. BBC News (2025). Mortgage lending rules under review: FCA reveals plans. Available at: https://www.bbc.co.uk/news/articles/cdryy33v13ko [Accessed 20 Jan 2025]

All the information in this article is correct as of the publish date 30th January 2025. The opinions expressed in this publication are those of the authors. The information provided in this article, including text, graphics and images does not, and is not intended to, substitute advice; instead, all information, content, and materials available in this article are for general informational purposes only. Information in this article may not constitute the most up-to-date legal or other information.

Dan Gale 16/03/2025 Dan Gale 16/03/2025

Property Experts Forecast 2025 to be a Buyer’s Market

It all begins with an idea.

The UK housing market is showing signs of a strong start in 2025, with significant increases in new property listings and a rise in average asking prices. Estate agents Rightmove report that the average price of properties coming to market has increased by 1.7% (£5,992) this month, reaching £366,189—the largest new year price jump since 20201. Despite this growth, average prices remain approximately £9,000 below the peak reached in May 2024, reflecting ongoing affordability considerations for buyers.

Increased Property Listings

The number of new property listings has risen by 11% year-on-year since Boxing Day, providing buyers with a broader selection of homes1. This influx has led to the highest number of properties available per estate agency branch for this time of year in a decade1. The increased supply is intensifying competition among sellers, who are being advised to price properties realistically to attract potential buyers1.

Buyer Activity and Market Dynamics

Buyer interest has also surged, with a 9% increase in inquiries to estate agents and an 11% rise in agreed sales compared to the same period last year1. This suggests that buyers are responding positively to greater property availability and expectations of improving mortgage rates2. However, the market remains sensitive to external factors, such as interest rate fluctuations and impending stamp duty changes, which may influence buyer behaviour later in the year1.

Tim Bannister, Rightmove’s Director of Property Data, highlighted that while the market is experiencing a buoyant start, sellers must remain pragmatic with pricing strategies1. Overpricing could deter potential buyers, particularly in a market where affordability continues to be a critical concern. Bannister emphasised that realistic pricing is key to ensuring successful transactions in the current competitive landscape1.

Conclusion

Early indicators for 2025 suggest a vibrant housing market driven by increased supply and active buyer participation. While more property options benefit buyers, it’s wise for sellers to adopt realistic pricing to help aid changes of a sale in such a busy marketplace. With the market poised for growth, attention to economic factors like interest rates and policy changes will be crucial for both buyers and sellers as the year progresses.

Sources

1. The Guardian (2025). UK housing market ‘starts new year with a bang’, says Rightmove. Available at: https://www.theguardian.com/business/2025/jan/20/homes-uk-housing-market-new-year-rightmove [Accessed 20 Jan 2025]

2. Rightmove (2024) Rightmove’s 2025 Housing Market Forecast. Available at: https://www.rightmove.co.uk/press-centre/rightmoves-2025-housing-market-forecast/ [Accessed 20 Jan 2025]

Dan Gale 16/03/2025 Dan Gale 16/03/2025

Buying a Home in a Flood Risk Area: What You Need to Know

Purchasing a home is one of the most significant decisions you'll ever make, so it's crucial to consider all potential risks before committing. This winter, flooding has once again made the headlines, affecting many homes across the UK, and highlighting the importance of factoring in flood risk when searching for your next property.

For some UK buyers, this means carefully evaluating the possibility of purchasing a home in a flood-prone area. With extreme weather events becoming increasingly common, understanding and assessing flood risks is vital to safeguarding your investment—and your peace of mind.

What is a Flood Risk Area?

A flood risk area refers to a location that is more susceptible to flooding, whether from rivers, the sea, or surface water. According to the Environment Agency, over 5.2 million properties in England are at risk of flooding1. In Scotland, Wales, and Northern Ireland, similar assessments are made by SEPA, NRW, and DfI Rivers, respectively. Flood risk isn’t confined to areas near rivers or coastlines; heavy rainfall and inadequate drainage systems can also pose a threat in urban areas.

Should You Buy a Property in a Flood Zone?

Buying a home in a flood zone isn’t necessarily a dealbreaker, but it does require very careful consideration. Properties in these areas can sometimes be more affordable, but there are potential downsides. You may face challenges securing insurance, higher premiums, or even difficulty selling the property in the future. That said, properties with robust flood defences or lower-risk classifications may offer greater peace of mind here.

Assessing the Flood Risk

Before you fall in love with a property, take the time to investigate its flood risk. The Environment Agency provides a free online flood risk assessment tool for properties in England, while devolved governments offer similar services in other parts of the UK. · England - https://flood-map-for-planning.service.gov.uk/ · Wales - https://naturalresources.wales/flooding/check-your-flood-risk-by-postcode · Scotland - https://map.sepa.org.uk/floodmaps · Northern Ireland - https://www.nidirect.gov.uk/articles/check-risk-flooding-your-area

These tools allow you to check the likelihood of flooding from various sources and provide detailed maps of flood zones. Additionally, it’s important to ask the seller for any information about the property’s flood history or damage caused by previous flooding.

The Environment Agency has created a series of Flood Zone Tiers to help assess the risk2:

· High: These are the areas with the most severe chance of flooding, and have over a 3.3% chance of it flooding each year. This also takes flood defences into account.

· Medium: These areas have a 1-3.3% chance of flooding each year, again taking into account the effects of defences.

· Low: Low risk are areas of the UK which have a 0.1% to 1% chance of yearly flooding.

· Very Low: This risk level is given to those UK areas with less than a 0.1% chance of flooding each year.

Additionally, it is always worth noting the type of flooding, whether it be coastal, rivers, surface water, sewers etc.

Flood Insurance Considerations

Insuring a property in a flood zone can be more expensive and challenging. The good news is that the Flood Re3 scheme, introduced by the government and insurance industry, makes it easier and more affordable to insure properties built before 2009 against flood damage. However, homes constructed after 2009 are not eligible for the scheme, so it’s vital to explore your options and get quotes from multiple insurers.

Protecting Your Home

If you decide to buy a property in a flood-prone area, it’s essential to take proactive steps to mitigate risk. Installing flood defences such as barriers, airbrick covers, and non-return valves on drains can significantly reduce the impact of flooding. Raising electrical sockets and keeping valuable items on higher floors are also practical measures. Some homeowners may even qualify for grants or local authority assistance to install flood prevention measures.

Seeking Expert Advice

When purchasing a property in a flood zone, enlisting the help of experts can make a big difference. A qualified surveyor can assess the risk and provide recommendations for flood protection. Solicitors experienced in property transactions should also be consulted to review flood-related issues during the conveyancing process. They can confirm whether the property is located in a flood risk area and outline your responsibilities as a homeowner.

Weighing the Pros and Cons

Buying a home in a flood risk area doesn’t have to be a source of constant worry. Many UK homes in flood zones remain safe and dry thanks to effective flood management strategies. However, it’s crucial to weigh the potential risks against the benefits and ensure you’re prepared for any eventuality. By doing your research, taking precautions, and consulting professionals, you can make an informed decision and enjoy your new home with confidence.

Sources

1. Environment Agency (2025) Flooding in England: A National Assessment of Flood Risk. Available at: https://assets.publishing.service.gov.uk/media/5a7ba398ed915d4147621ad6/geho0609bqds-e-e.pdf [Accessed 15th Jan 2025]

2. Property Rescue (2025) Selling A House In A Flood Zone. Available at: https://propertyrescue.co.uk/useful-guides-articles/selling-a-house-in-a-flood-zone/ [Accessed 15th January 2025]

3. Flood Re (2025) What is Flood Re?. Available at: https://www.floodre.co.uk/ [Accessed 15th Jan 2025]