Buying Property
Britain’s love affair with property projects is booming, according to Jackson-Stops. Its research revealed that 81% of buyers would purchase a home in need of home improvements.
Property sales in the UK increased by 1.3% month on month in August but are 2.6% lower than the same month last year, official data shows.
Residential borrowers in the UK on their lender’s Standard Variable Rate (SVR) could save over £25,000 in mortgage interest alone over the course of a decade simply by switching to a 10 year fixed deal, it is suggested.
Property prices and rents in outer boroughs in London have seen considerable growth in the last year, according to the latest annual residential research report that looks at all 33 boroughs
The London borough of Kensington and Chelsea has some of the most expensive properties in the UK but a new development of affordable homes has been approved.
In August there were more residential transactions and less non-residential transactions than that in July, HMRC property transactions showed.
Together has extended the maximum term on its residential mortgage products to 40 years.
Brokers are seeing an influx of business from older borrowers, anecdotal evidence suggests.
There are no properties for sale in London for £100,000 or less and only four properties at £125,000 or under, online estate agents Housesimple.com has found.
House prices in London’s commuter belt will be hardest hit in the event of a no-deal Brexit because it is home to some of the most polarised property markets in the country, property investment platform British Pearl has found.
City centre flats in the UK cost twice as much as in the United States and £100,000 more than in Europe, new research has found.
First time buyers trying to get on the property ladder in the UK are younger than they were five years ago, new research has found.
The opening of the Elizabeth Line in London and a likely green light for a third runway at Heathrow, will bring important regeneration to areas of West London, pushing up housing demand and prices, a new analysis suggests.
A housing academic claims that while popular belief has it that homes are getting smaller, the typical living space in England and Wales increased in size by 2.4 per cent from 88 to 90 square metres between 2004 and 2016.
Rightmove is reporting a mini-boom as the autumn market gets into gear, with a surge in buyers and a one-month rise in asking prices that mirrors the long-term average – and even London’s performance is improving slightly.
Asking prices in Britain increased by 0.7% or £2,088 on average this month and are still some 1.2% higher than a year ago, according to the latest national index.
The residential property market in the UK is experiencing diverse regional variations but overall it is solid in many parts of the country, according to the latest surveyor survey report.
A shared ownership scheme was launched by the British Government five years ago with the aim of helping more people onto the property ladder but new research suggests there is a lack of knowledge about it.
The average cost of moving home in the UK has increased by £4861 over the past year to £12,110 (from £11,624), topping £12,000 for the first time, Lloyds Bank has found.
The rise of the Bank of Mum and Dad is leading to family tension with some adult children admitting that providing financial help is not without its risks, research from equity release adviser Key has found.
Survey: majority of Brits would purchase a home in need of renovation
Property sales remain largely stagnant in the UK, official data shows
New analysis suggests SVR mortgagees could save considerably with a 10 year deal
Prices and rents rise in London over last 12 months, new analysis shows
New HMO rules to cost landlords an extra £79m