Housing market shows signs of recovery
The housing market in England and Wales is showing signs of recovery, according to new data from e.surv. Contact us today to speak with a specialist Commercial Mortgages Broker to discuss how we can assist you. The average sale price of a home climbed nearly £1,500 (0.4%) to £360,175 in June, the strongest performance for almost a year. […]
First-time buyer mortgage market set to beat predictions and reach record highs in 2024
The first-time buyer market has proven resilient this year, despite historic headwinds, analysis from Yorkshire Building Society has revealed. Contact us today to speak with a specialist Commercial Mortgages Broker to discuss how we can assist you. In partnership with business consultancy CACI, the society’s research found that first-time buyers make up a higher proportion of the home […]
Halifax introduces a 95% mortgage for new build houses in UK
The UK property market proved to be resilient during the global pandemic and the biggest impact that had been witnessed was a sudden drop in enquiries – during the initial lockdown. It appeared to affect a particular section of the housing market, with a decline in queries from international buyers (unwilling to travel internationally) and […]
UK real estate to rebound by 2024 – Savills
The U.K real estate could rebound over the next half a decade According to Savills, the average UK property prices are expected to jump by 15.3% Savills warns that the growth will be slower due to higher taxes and rising interest rates The UK real estate could be headed for a major bounce back in […]
Labour proposes major reform of housing market
Land could come under ‘common ownership’, inheritance tax could be abolished and the buy-to-let market could be tightened under housing proposals floated by the Labour party yesterday (June 3). In a paper entitled Land for the Many, written by a group of academics, economists and land experts for the Labour leadership, and published by the Labour […]
Some Of The Best And Worst Places To Buy Property In The UK
Every investor wants to be sure they’re making the right decision with their next investment, and location plays a big part in the success of any property venture. Certain areas of the UK are more prosperous than others when it comes to the housing market, with more opportunities and potential found up North compared to […]
40% of young adults unable to enter the housing market
There are many benefits to being a young adult – better health, more freedom, and almost-endless career options. But being able to purchase your own home and moving out from under your parent’s wings is becoming increasingly difficult for many. Over the last two decades, UK home ownership figures have revealed that approximately 40% of young […]
Modular homes are the future of UK housing
The column inches written about the dysfunctional British housing market are legion. Too few homes, at too high a price, built for too few people. Two years ago, the Farmer Report commissioned by the Government concluded that the British construction industry, using a medical analogy, was a dying patient. Fast forward to today, it still lies on its […]
UK house prices have soared 100-fold since 1966, rising three times faster than wages
UK house prices are 106 times higher than they were when England won the World Cup in 1966, according to research from online mortgage broker Trussle. Average house prices have gone up from £2,006 to £211,000, the company found, while wages have risen at around a third of the rate, moving from £798 to £26,500. […]
What to look for when buying real estate in Liverpool
Investing in real estate within the UK has long been a favourite of both British and international investors. The moderate political climate and general stability that the UK sees has given rise to a traditionally safe and secure property market in which to place your money. While the market can naturally go up and down, […]
Homebuyers need to be more aware of new build risks
The Ministry of Housing, Communities and Local Government (MHCLG) has released figures that show where homes are being built including those on flood risk zones and potentially contaminated land. Its figures for 2016-17 show that more homes were built on flood risk areas and the green belt. More than one in ten (11%) of new […]
£1m properties increasing faster in Scotland than rest of UK
The number of houses in Scotland worth at least £1 million is increasing nearly twice as fast as the UK average, according to new research which shows thousands more Scots have become so-called ‘property millionaires’ over the past 18 months. There are now more than 11,000 homes across the nation valued at least £1m, an […]
Plans for 500 new homes at Connaught Barracks in Dover have taken a step forward
Plans to start building 500 new homes at Connaught Barracks in Dover have been boosted, with work expected to begin this year. Connaught Barracks is a former Ministry of Defence site of 55 hectares acquired by the Homes and Community Agency, now known as Homes England, in 2008. With a Land Trust owned Napoleonic fort Fort Burgoyne at its […]