Category: Property News

Proposed scheme gives first-time buyers 20% Discount

As part of the government’s “starter homes” plan, people under the age of 40 and looking to purchase a home for the first time can now get up to 20% off the original price. It is an initative which looks … Continue reading

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Posted by: Leanne Halsey Categories: Industry News, New Builds, Property News Tags: , , , , Comments Off

Poor Doors: Guardian report suggests segregation of affordable homes occupants

The Guardian newspaper has reported that some high end developers in the Capital are creating separate entrances and facilities for affordable homes residents.

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Posted by: Nicola Severn Categories: New Builds, Property News Tags: , , Comments Off

House prices drop 0.1% in February

The largest building society in the United Kingdom, Nationwide, have released figures revealing that house prices fell by 0.1% in February 2015. The report also showed that the rate of price inflation had dropped to 5.7%, meaning that is has … Continue reading

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Posted by: Leanne Halsey Categories: Economy, Property Market, Property News Tags: , , , , , , Comments Off

Homeownership falls to lowest level for 29 years

The Department for Communities and Local Government has released data from the English Housing Survey revealing that of the 22.6 million households in England during 2013/14, 63% of them were occupied by the owners. This is a fall of 2% … Continue reading

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Posted by: Leanne Halsey Categories: Latest News, Property Market, Property News Tags: , , , Comments Off

General election could affect housing market momentum

Countrywide, the UK’s largest property group has warned that the housing market could experience a ‘sluggish’ period in the run up to the general election.

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Posted by: Nicola Severn Categories: Economy, Latest News, Property News Tags: , , , , , Comments Off

Confidence in housing market reaches three year high

Confidence in the UK property market has reached a three year high, according to new research from Clydesdale and Yorkshire Banks.

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Posted by: Leanne Halsey Categories: Industry News, Latest News, Property News Tags: , , , Comments Off

2014 saw highest level of first time buyers since 2007

Halifax, one of the UK’s biggest lenders, has announced that the amount of first time property buyers rose by 22% in 2014 to 326,500, the highest it’s been since the start of the financial crisis in 2007. This is good … Continue reading

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Posted by: Leanne Halsey Categories: Industry News, Property Market, Property News Tags: , , , Comments Off

Mortgage approvals fall by 16% on the previous year

Mortgage approvals continue to tumble month-on-month suggesting the Bank of England’s (BoE) crackdown on the lending sector is having a decidedly dampening effect on the housing market.

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Posted by: Leanne Halsey Categories: Mortgages, Property Market, Property News Tags: , , , 1 Comment