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Housebuilding must improve or government risks ‘lost generation’ of homeowners

award imageThe government must act now and address Britain’s housing shortages or else they risk creating a ‘lost generation’ of people who are unable to acquire ownership of a home, according to one of the country’s leading housing charities. Continue reading

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Posted by: Jessica Odell Categories: Property Market 1 Comment

UK living standards will be worse in 5 years than they were in 2008, says Resolution Foundation

ConveyancingThe total level of disposable income that the average British household possess will be 3.5% less in 2019 than it was at the start of the financial crisis back in 2008, according to one of Britain’s top think tanks. Continue reading

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Posted by: Jessica Odell Categories: Industry News Comments Off

First time buyer market hottest it’s been in 50 years, says Council of Mortgage Lenders

House pricesFirst time buyers comprised the largest percentage of mortgage recipients during 2013, the highest level of acquisition since 2000, according to the UK’s largest lenders. Continue reading

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Posted by: Jessica Odell Categories: Finance, Industry News Comments Off

New Builds in Cambridge

Have you considered buying a brand new house around Cambridgeshire? Cambridge has loads to offer from museums, majestic college buildings, to the wide variety of country pubs and restaurants available for all those evenings out.

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Posted by: Jessica Odell Categories: Buying Property, For Sale Comments Off

Living standards to remain low until at least 2018, says Office for Budget Responsibility

MoneyPeople in the UK will not see a return to a level of living standards anywhere near they enjoyed before the recession until at least 2018, the Office for Budget Responsibility has identified. In a study conducted by the OBS, it was revealed that the actual value of wages had decreased in the past 3 three years, with a forecast of 2018 given as the time when incomes will begin to reach their pre-recession levels. Continue reading

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Posted by: Samantha Turner Categories: Environment, Latest News, Uncategorized Tags: , Comments Off

Working class hit hardest by council tax rise

Council TaxAlmost 300,000 low income households in the UK are set to be hit by a rise in their council tax payments by a total of £80 each year, a recent study of council attitudes has revealed. The Joseph Rowntree Foundation conducted a survey in order to gauge council’s response to the government’s removing its limit threshold, and found that almost 50 authorities are downgrading the level of aid provided to families struggling to make their payments. Continue reading

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Posted by: Samantha Turner Categories: Latest News, Uncategorized Tags: Comments Off

Luxury homes in London that nobody wants to live in

London HousesIt is well documented that more wealthy overseas buyers are investing in residential property in London as the market is seen as a safe haven for their cash. So it was interesting to see reports at the weekend that almost a whole street in one of London’s wealthiest areas has luxury properties lying empty because their foreign owners have left them or have been unable to afford their expensive upkeep. Continue reading

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Posted by: Samantha Turner Categories: Property Market, Property News, Uncategorized Tags: , Comments Off

UK rental market expected to be strong in 2014

Rental PropertyThe private rental market in the UK should prove to be interesting in 2014 as the Help to Buy mortgages scheme is set to get more first time buyers into the market but a lack of new housing means supply remains tight. Reading between the lines it looks as if most experts expect the rental market to remain strong although there could, of course, be regional variations. Continue reading

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Posted by: Samantha Turner Categories: Latest News, Property Advice, Property Market, Renting, To Rent, Uncategorized Tags: , , , , , Comments Off