Buying Property
A new £210 million scheme has been unveiled by the Welsh Government with the aim of making it easier for self-builders.
Clive Emson’s first sale of 2019 is cataloguing 155 lots as the firm enters its 30th anniversary year.
One of Britain’s foremost property consultancies has given a relatively upbeat prediction for the UK housing market over the next five years.
The number of new homes being started in England increased by 12% in the third quarter of 2018 on a quarterly and annual basis, the latest official figures show.
The majority of independent financial advisers expect record lending in the equity release sector in 2019, Canada Life Home Finance has found.
The UK housing market ended 2018 on a weak note with uncertainty still biting, alongside continuing lack of stock and affordability issues, the RICS UK Residential Market Survey has found.
First-time buyer lending reached £6bn in November 2018 after rising by 9.1% year-on-year, UK Finance’s Mortgage Trends Update has found.
Equity release lending totalled £3.6bn in 2018, in what Key chief executive Will Hale described as a “landmark year for the market”.
Asking prices fell by 0.5% in England and Wales and by 1% in Scotland this month and more properties already on the market are reduced in price, the latest index shows.
The average home owner in the UK spent more than £10,000 when moving house in 2018, with first time buyers spending around £1,761, according to a new study.
Despite growing by just 2.7% in 2018 as Brexit fears slowed the market, the total value of UK housing stock increased £190 billion to hit a record £7.29 trillion, a new analysis shows.
First-time buyers with a 25% deposit have access to over six times as many mortgage products as those who are only able to put a 5% deposit down, mortgage insurer AmTrust’s latest mortgage LTV tracker has found.
A leading buying agent says 2019 is likely to see the continuation of last year’s trend where distressed sellers accept discounts of up to 20 per cent on new-build homes they bought off-plan two or three years ago, before recent price falls.
There may be a cloud over the economy right now but growth of 2.7 per cent in house prices last year have taken the value of the country’s housing stock to a remarkable £7.29 trillion according to new research from Savills.
Almost half of all house sales in England and Wales fell through before completion in the final quarter of 2018, according to a ‘quick buy’ property company.
Nottingham Building Society has upped its maximum loan size from £275,000 to £500,000 on 95% loan-to-value residential products.
Second charge mortgage lending was 21% higher in November 2018 year-on-year, both in terms of value and volume.
Lending rules set out by the UK’s financial watchdog are set to change to help some 140,000 home owners who are mortgage prisoners, unable to switch to a better deal with another provider.
Knight Frank global residential cities index, which comprises 43 cities across all continents
There was a sharp increase in number of failed house sales in England and Wales in the last quarter of 2018, down almost 50%, but overall the outlook remains strong, new figures suggest.
