New Homes news
Latest New Homes news
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
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
New Homes news archive
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
'Innovative ideas' can help FTBs
The nation's first-time buyers (FTBs) would benefit from the introduction of innovative new ideas that can help to boost the number of people taking their first steps onto the housing ladder, it has been claimed. Peter Bolton King, chief executive at the National Federation of Property Professionals (NFOPP), said it is a positive that some banks are offering to pay the ...
28th Mar 2012
Incentives aimed at FTBs 'very welcome'
New incentives aimed at helping out and encouraging more first-time buyers (FTBs) get a foot on the property ladder would be welcomed with open arms, Russel & Aiken has said. Dianne Paterson, property partner at the solicitors and estate agents , cited the government-backed national mortgage indemnity scheme as one example of initiatives aimed at helping people when ...
19th Mar 2012
HBF backs govt's NewBuy scheme
The coalition government's NewBuy scheme and pro-growth planning system should boost the UK's new homes market, it has been claimed. According to Steve Turner, head of communications at the Home Builders Federation (HBF), there is a clear demand for new homes in the UK, in spite of a lack of mortgage availability. As mortgage availability begins to return, ...
16th Mar 2012
NewBuy scheme 'a positive move'
The government's NewBuy scheme is a positive one, but it is not yet known what impact it will have on the property market, one analyst has stated. Liam Bailey, head of residential research at Knight Frank, said it is a positive move in terms of underpinning house prices , but it is "negligible in its scale". Earlier this month, housing minister Grant Shapps ...
14th Mar 2012
Buying new homes 'has many advantages'
People contemplating moving house should consider the benefits of moving into new homes , as new-build property provides "many advantages", one expert has explained. Kevin Wilkins, group marketing director at Bovis Homes, noted that the government is currently taking steps to tackle the lack of homes through its housing strategy, and said any moves that will help ...
6th Mar 2012