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.
HomeLet says the average rent in the UK is now £947, up 0.9 per cent on last year – or up 1.3 per cent if London is taken out of the equation.
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.
Over one in 10 landlords (11%) check Facebook and other social media accounts to screen tenants before letting them live in their property, Foundation Home Loans has found.
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.
Buy to let landlord face paying more for new mortgages as new data shows that August’s 0.25% increase in base rate has begun to feed through to the products available, pushing rates upward.
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.
As the number of tenants looking for a new home in Britain has increased every month since May, letting agents have released a new report revealing the kind of things they need to know.
Trading standards services in London are working together to help tackle problems with letting agents who aren’t complying with the law and are rolling out a UK wide programme.
Bank of England Governor Mark Carney has warned government ministers that a worst-case scenario no-deal Brexit could lead to house prices plunging by over a third, the BBC has reported.
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.
West Sussex remains best place to retire offering pensioners the highest quality of life, Prudential’s 2018 Retirement Quality of Life Index 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.
There was a sharp fall in the number of consumers shopping for tracker mortgages in August following the rise in interest rates, Experian has found.
Retirement interest-only mortgages are a welcome addition to the later life lending space but there should be a closer alignment between the products and equity release options so consumers get more holistic advice, trade body representatives at FSE London concluded.
The Bank of England held the base rate at 0.75% which came as no surprise to brokers and lenders alike.
Principality is the ‘best’ mortgage lender, followed by First Direct and Nationwide in joint second, a Which? customer satisfaction survey has found.
This July was the busiest for remortgaging in a decade, as there were 46,900 residential transactions worth £8.7bn that completed, UK Finance figures show.
First-time buyers are missing out on government bonuses available through lifetime ISAs and Help to Buy ISAs despite making major sacrifices to achieve their property dream, The Nottingham Building Society has found.