Zoopla property news (May 2011)
Latest property news
FTBs 'are not missing out' at the moment
The lack of attractive, well-priced properties at the moment means that first-time buyers (FTBs) are not missing out as much as they may feel, one expert has commented. Paul Holmes, chief executive at Firstrung, said that FTBs struggling to gain a foothold on the property ladder due to financial constraints should not worry, as there are very few bargains making investment ...
31st May 2011
Landlords 'must raise their game'
The country's landlords need to "raise their game" if they are to make gains on property to rent in the UK, one expert has observed. According to James Davies, chief executive of Upad.co.uk, there has been a major change in the demands of tenants when it comes to rental property , and landlords which fail to observe these changes may find they are left behind. ...
31st May 2011
Property news archive
London property growth 'will continue'
The growth of property in London will continue in the months ahead as investors The growth of property in London will continue in the months ahead as investors continue to show interest in the market, it has been claimed. According to Ed Mead, director at Douglas & Gordon, made the comments after a new report by Knight Frank showed that just under 60 per cent of ...
27th May 2011
Mortgage customers 'have varying attitudes to risk'
The way in which potential UK property owners view the risk attached to mortgage varies so much that advice is essential before committing to any form of agreement, one expert has recommended. According to Andy Pratt, chief operating officer at Alexander Hall, every mortgage customer needs to be educated about the options available to them by consulting an advisor who can ...
26th May 2011
Now is 'good time' to buy Scottish property
People thinking of investing in UK property will find that now is a great time to buy a home in Scotland, according to one industry analyst. Dianne Paterson, property partner at legal firm Russel + Aitken, said that although there are still many barriers facing first-time buyers hunting for homes, the current condition of the market means it is easier to access than in ...
26th May 2011
Falling prices 'may reward FTBs'
Falling house prices in the UK may reward first-time buyers (FTBs) in the long term, it has been claimed. According to Matt Griffith, a spokesman for PricedOut, the national campaign for affordable house prices, a "glimmer of light" for first-time buyers is the fact that house prices are predicted to fall over the next couple of years. His comments follow a speech ...
25th May 2011
FTBs offered property buying advice
First-time buyers (FTBs) have been issued advice on how to penetrate the property market despite the many obstacles currently facing them. Ben Wilkie, What Mortgage magazine editor, said the most important thing FTBs need to remember is to look at the deals on offer and take their time to figure out what they can afford, as there are better offers are gradually coming onto ...
24th May 2011
Developers 'opting for larger new homes'
Developers looking at building new homes are increasingly opting for larger developments, according to the Home Builders Federation. Steve Turner, head of communications at the organisation, noted that it is currently a "market-driven industry" and generally larger houses are being built, but he put this down to many first-time buyers' inability to buy. His ...
24th May 2011
Property ownership concerns 'unsurprising'
Concerns among the UK public that home ownership will remain out of reach for the foreseeable future are unsurprising, one specialist has commented. Paul Holmes, chief executive of Firstrung, said he is not surprised by moneysupermarket figures showing that 38 is now the average age at which Brits expect to be able to buy their first property . The expert said that ...
23rd May 2011
Construction of new homes 'has not improved'
The UK constructing sector has not made any real progress in the last year, with the creation of new homes still somewhat stagnant, one industry expert has stated. Brian Berry, director of external affairs at the Federation of Master Builders, said that activity has been "depressing" in the last few months. This is despite the publication of a new report by the ...
20th May 2011