uk housing

The UK housing market is anticipated to experience a buoyant autumn, driven by a potential interest rate cut and enhanced political stability, experts suggest. Contact us today to speak with a specialist Commercial Mortgages Broker to discuss how we can assist you. Lower mortgage rates, resulting from a likely loosening of monetary policy by the Bank of England, […]

As we await the result of the ­pre-Christmas general election and what changes this may or may not bring to the position of Scotland in the UK and Europe, it feels like something of a renaissance is afoot. Although the overall level of confidence in the economy remains fragile, the news is not all doom […]

London home buyers are willing to pay almost 10 per cent more on a house in order to live closer to a station, according to Nationwide. The building society found Londoners are willing to pay a whopping 9.4 per cent premium for a house located 500 metres away from a station. That amounts to approximately […]

Liverpool has seen the highest drop in house price value since 2008 in England and Wales, according to the latest research by GetAgent. GetAgent investigated Middle Layer Super Output Areas (MSOAs) and compared the average house price change for these areas since the financial crisis. Using MSOA area codes, the research revealed that the 023 […]

A Community Benefit Society working to end the housing crisis by providing affordable and emergency housing to people who need it most is launching the second round of its secure property-based financing arrangement. Providing an “ethical alternative to buy-to-let”, Reap from Equfund sees ethically minded investors lend their money to provide decent, safe, and affordable housing for people at […]

Mortgage lending mainly revolves around the risk associated with the borrower but what about the property – not just the bricks and mortar but the land it is built on and the air the occupants breathe? Should lenders be paying more attention to environmental risk? Robin Wells, head of sales & marketing at Future Climate […]

Britain is moving towards a “German housing model” with a greater percentage of the population renting, a study has claimed – with two thirds of renters saying they have no intention of purchasing a property. The report found that people increasingly said they did not want to be tied down to living in a specific […]

LAND has been designated for nearly 100 properties in Largs Glen near Noddleburn Meadow – despite flooding concerns raised by two councillors. The council has earmarked space for 95 houses at the furthest end of Largs Glen beyond the as-yet unbuilt, Phase II at Noddsdale Meadow. Local elected members are divided on the issue, with SNP councillor Alan Hillopposing the […]

Since the Help to Buy: Equity Loan scheme was launched on 1 April 2013, a total of 158,883 properties have been bought with an equity loan up to the end of 2017. The latest government figures show that the total value of these loans was £8.27 billion, with the value of the properties sold under […]

London is the worst place in the UK to buy a home for first-time buyers, according to price comparison website Money Super Market’s First Time Buyer Index. The inaugural survey analysed 35 UK cities against key criteria for first-time buyers, including the cost of a one-bedroom property, crime statistics, job opportunities and average salary in […]

Official figures show that hundreds of houses and flats on the Isle of Wight have been standing empty for at least half a year. The charity, Empty Homes Agency, said it was concerned official statistics might underestimate the scale of the problem. Hundreds of houses and flats on the Isle of Wight have been standing […]

The South East Home Truths 2017-18 report by the National Housing Federation estimates that the average home now costs almost £395,000 in the Brighton and Hove City Council area. This is 14 times the typical local salary, the report said, making home ownership impossible for many. The report also said • The cost of renting privately […]

The size of the social housing sector has been decreasing over time. The proportion of the population living in social housing in Great Britain halved between the early 1980s and early 2010s, according to the Institute for Fiscal Studies. The IFS puts this down to two key developments: the introduction of Right to Buy in 1980, which […]

The average first-time buyer is now seven years older than in 1960 and needs to save around £20,000 to be able to buy a home, a study has found. Researchers who polled 2,000 adults found a huge difference in the profile of someone buying their first home through the generations. Today, first-time buyers will be […]

Glasgow can boast the most buoyant housing market in Scotland and some of the quickest sales turnaround times in the UK, according to property experts. The healthy state of the market has been put down to a series of property hot-spots and the continued “gentrification” of the east end of the city. Glasgow is said […]

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 […]

Complaints from residents living the Dales area of Liverpool have “reduced significantly” following the introduction of a ban on ‘To Let’ signs according to a new report. Liverpool City Council first introduced a ban on visible advertising for rental properties in 2015 amid worries the boards were having a negative impact on the sustainability of […]

Plans to build 71 new flats with just 19 parking spaces in the centre of Tonbridge have been unveiled. F Estates, which specialises in affordable rented property development, wants to extend the existing block at The Bank House on Medway Wharf Road. But some residents have come out against the plans saying the “overcrowding” would […]

House price growth looks set to judder to a halt in 2018 or at best manage a small below-inflation rise, as the twin spectres of Brexit and rising interest rates put the brakes on the property market. Following what some have called a lacklustre year, homeowners and those looking to sell in the coming months have been […]

Larry Elliott suggests five steps to fix the housing market (Britain’s broken housing market – and how to fix it, 9 October) which include Kate Barker’s idea of “acquiring” large sites abutting urban areas at a modest premium to their existing use. That would effectively part-nationalise development value and might help supply, although the Tories wouldn’t […]

Two Bath private landlords have been told that they must pay more than £16,000 due to their failure to obtain the correct House in Multiple Occupation (HMO) licensing. Elizabeth Vowles, 48, and Hayley Book, 55, both from Weston pleaded guilty at Bath Magistrates’ Court to their licensing failure, deemed an offence under the Housing Act […]

Shropshire Council is reviewing its local plan, moving it forward by ten years. The plan is now set to be presented to cabinet on October 18. Although almost 19,000 homes are already set to be built in the county, the plan says a further 10,000 will be needed by 2036. Adrian Cooper, planning policy manager […]