General news
Latest General news
.jpg "First-time buyers boosted by falling mortgage rates")
First-time buyers boosted by falling mortgage rates
First-time buyers are seeing a little bit more light at the end of the tunnel when it comes to getting on the property ladder and investing in houses for sale. Figures from Moneyfacts revealed that those who can only muster up a small deposit are now able to take advantage of lower rates. With a ten per cent deposit rates have gone down by 1.5 percentage points since May ...
22nd May 2013
.jpg "Greater number of homes being built in the UK")
Greater number of homes being built in the UK
The rate of house building in the UK has increased in the early part of 2013 as more builders get confident in the wake of the Help to Buy announcement by the government at the end of March. The Department of Communities and Local Government has said that the number of homes being built across the country in the first quarter of the year was four per cent higher than at the ...
22nd May 2013
General news archive
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SmartNewHomes: New build prices rising
The price of new houses across the UK is increasing at the moment, largely boosted by the fact the government has introduced help to improve conditions in the sector and get more people in general buying their own properties rather than renting in the long term. On March 20th, the chancellor George Osborne announced in his Budget speech that the flagship NewBuy scheme ...
22nd May 2013
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Knight Frank property price index shows confidence in homeowners
People in the UK are now more confident about the price they will be able to receive when selling through estate agents, a new study has discovered. According to the latest figures from Markit and Knight Frank, London is leading the way as usual, with the sentiment index, which indicates confidence, going from 70.8 in April to 76.3 in May. However, across the whole of the ...
20th May 2013
.jpg "UK housing market activity rose in April 2013")
UK housing market activity rose in April 2013
Activity in the UK housing market rose once again in April of 2013 as more people looked to get their hands on properties for sale, a new study has shown. The spring period is typically the season where more people decide to try to buy, with the nicer weather enticing buyers to come out and see what is on offer in the property market and this has proved to be the case in ...
20th May 2013
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Finding a buyer is difficult as many struggle to visualise their new home
Many people in the UK who were thinking of buying properties for sale have admitted that they find it difficult to be able to envisage what they will look like when they move in, despite having viewed prospective abodes. A new report from Floorplanner has indicated that some 70 per cent of buyers said they could not imagine living in houses they had seen, while 73 per cent ...
20th May 2013
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UK home affordability calculated as increasing for average workers
Homes across the country are now becoming more affordable for British public sector workers, but the majority of towns still remain out of reach for those who want to get themselves a footing on the UK property ladder. This was the finding of a new study carried out by Halifax, in which it discovered that some 38 per cent of homes are now within reach of this kind of ...
15th May 2013
.jpg "BSA: Building societies' lending accounts for a third of mortgages")
BSA: Building societies' lending accounts for a third of mortgages
Building societies made up a larger portion of lending to first timers than at any other time post-crisis in 2012, a figure that is set to improve even further in 2013 according to new findings from Deloitte. The organisation said the Building Societies Association (BSA) found that 2012 had seen this type of lender approve £30.7 billion worth of loans to newcomers to ...
9th May 2013
.jpg "For those selling homes, noisy neighbours cause major headaches in the UK")
For those selling homes, noisy neighbours cause major headaches in the UK
Homeowners looking to sell their UK property need to overcome a growing number of obstacles when it comes to finding a buyer these days, with space among other aspects becoming more and more important. However, according to a new survey, there are now more people than ever who are looking towards security and a good neighbourhood as their main considerations when buying. ...
8th May 2013
.jpg "LSL Property Services: London house prices spearhead annual growth")
LSL Property Services: London house prices spearhead annual growth
London has once again proved to be the strongest area of the UK property sector in the last 12 months, as the latest figures show it provided the majority of inflation in house prices last year. According to the findings from LSL Property Services, the annual rises across the country amounted to some £6,700, with £532 of this total coming in March 2013 alone. ...
12th Apr 2013