New Homes news (April 2012)
Latest New Homes news
A good credit rating 'vital' for FTBs
It is essential that people hoping to take their first step onto the property ladder have a good credit score, according to one expert who has advised prospective homeowners to do 'all they can' to boost their rating. Catherine Hearnden, director at MyMortgageDirect, said that first-time buyers (FTBs) need to have a "squeaky clean" credit rating. ...
30th Apr 2012
FTBs 'expect to be 37' when buying first home
The average age at which people expect to be taking their first step onto the property ladder is 37, according to the latest survey. A poll of UK adults who do not currently own a property carried out by MoneySupermarket.com revealed that people expect to be an average 37 when they finally become first-time buyers (FTBs). Some 41 per cent of respondents, equivalent to eight ...
24th Apr 2012
New Homes news archive
FTB access 'is very important'
It is very important that young people are able to afford their own property in rural areas, according to the English Rural Housing Association. Martin Collett, operations director at the organisation, said that if first-time buyers (FTBs) cannot access the housing market, they move to urban areas where there may be more affordable accommodation and leave behind their ...
20th Apr 2012
FTB numbers 'on the rise'
The number of first-time buyers (FTBs) entering the UK property market is on the rise, according to the latest report from the Council of Mortgage Lenders (CML). Data published by the organisation shows that lending to first-time buyers and home movers increased in February, with first-time buyers taking the bigger increase. Some 14,100 loans worth £1.7 billion were ...
18th Apr 2012
Brownfield building projects 'a step forward'
Building on brownfield sites would be a great way of helping to make property construction projects more sustainable, which in turn would boost the perception of the industry, it has been claimed. Dr Mark Cowley, principal partner at Listers Geotechnical Consultants, said that one of the most important factors in making building projects more environmentally sustainable is ...
13th Apr 2012
New homes 'an attractive proposition'
New-build UK property is currently one of the most attractive propositions to potential home buyers and this is likely to remain the case for some time, one expert has explained. Steve Turner, head of communications at the Home Builders Federation (HBF), said that new homes have always been a very attractive proposition, due to the number of benefits they provide. ...
11th Apr 2012