Please enter your postcode
to receive your cash offer

UK property news from National Homebuyers

Our resident home and property news team always keeps a close eye on the housing market – from economic factors to emerging house-buying trends – so we can bring you the very latest UK property news.

Number of house sales continues to fall

19 July, 2017

While the country continues its trajectory through turbulent times – with the Brexit negotiations, the surge of the Labour party and a lack of new-build homes – the total number of houses sold is continuing to fall year-on-year. It’s been a decade since the last major financial crisis in living memory, and according to recent […]

Continue reading >

Number of tenants on the rise – so does that mean fewer buyers?

5 July, 2017

New research by a prominent estate agent has found that the number of households having to rent rather than own is set to rise by over 20 per cent over the next five years. In days gone by, choosing to rent a property over buying a home was a preference for many for a variety […]

Continue reading >

Changes to landlord tax affecting UK property owners

21 June, 2017

  Due to financial relief changes by the Tory government that came into force in April, landlords are finding themselves having to pay up to three times more taxes than before. For many years, many government officials have blamed the wealth of landlords for buying up cheap homes and thereby preventing prospective first-time buyers from […]

Continue reading >

GE2017: What’s the future of the housing crisis?

7 June, 2017

  With a narrow Tory win on the cards, and repeated U-turns over housing plans, some industry experts are concerned about how the UK will cope with a further five years of Conservative rule. When Theresa May called for a snap election in April, it was widely viewed as a strategic act of capitalising upon […]

Continue reading >

Housebuilding firms accused of purposefully inflating prices

17 May, 2017

  With a monopoly over the housebuilding market, larger firms have been accused by MPs of ‘landbanking’ in an effort to keep prices high. With a quarter of all new-build homes in the UK in 2015 built by just three companies, MPs believe that the dominance of Persimmon, Taylor Wimpey and Barratt may be fuelling […]

Continue reading >

First-time buyers face further woes

3 May, 2017

  As new-build housing continues to fall behind government targets, first-time buyers are facing additional issues as a result of foreign investment competition. The difficulties involved in the house buying process for first-time buyers have been well established due to the ever-widening gap between house prices and wages. In an effort to remedy the disparity, […]

Continue reading >
Polling station - sell your house fast

How will the UK General Election and French election affect the housing market?

19 April, 2017

Property professionals are currently holding their breath regarding the future of the UK economy, thanks to the dramatic calling of a snap election by PM Theresa May and the impending result of the French election, along with its implications for the EU. The two standout events of 2016 that shocked the world of politics are […]

Continue reading >
Brexit housing market

Worries over Brexit and the shortfall in planned new-builds

5 April, 2017

While many pro-Brexit campaigners are heralding the move by Theresa May to trigger Article 50, the more apprehensive pro-remain supporters are worried about the effect of lower immigration levels on the UK housing industry. Experts believe the number of homes planned to be constructed across the country is woefully inadequate for the growing population, despite […]

Continue reading >

Estate agents found to be inflating asking prices to lure in vendors

15 March, 2017

A new study has found that vendors using estate agents are often having to reduce their asking prices as well as suffer an extended period on the market due to ‘greedy’ businessmen who quote unrealistic figures. Estate agents, in an effort to secure new clients, have been overvaluing properties before placing them on the market […]

Continue reading >

Market confidence drops as homes take longer to sell

1 March, 2017

A new study has suggested that a slowdown in the housing market is on its way, as economic uncertainty and a lack of consumer confidence predict an 11 per cent decline in transactions. According to new research by The Times, experts within the property industry believe that market stagnation could lie ahead, as many vendors […]

Continue reading >

The regional division of negative equity in property

22 February, 2017

Almost ten years has passed since the recession – and it seems that homeowners in the north, particularly those who bought with interest-only mortgages, are facing a difficult future. In 2009, the financial crisis saw the value of homes come crashing down. Prior to the crisis, prices had skyrocketed – leading many to believe that […]

Continue reading >

Estate agents seeking ‘pre-contract deposits’ from buyers

8 February, 2017

Various estate agencies have come under fire for demanding additional fees from buyers to demonstrate their commitment to purchasing a property. While in theory this may seem like a good way to ensure a buyer doesn’t back out of the purchase at the last second; in reality, there have been horrified reactions. It seems that […]

Continue reading >

Does London property face a stagnant future?

25 January, 2017

Between Brexit, the HS2 rail link and an ever-widening margin between property values and wages, affordable properties in the capital are a rarity – and times are getting tough for sellers. For decades, the London market has been a sound investment for potential homeowners, with phenomenal year-on-year value increases and high-paying jobs aplenty. Nevertheless, prior […]

Continue reading >

House prices continue to rise despite Brexit fears

18 January, 2017

The future looks rosy for some homeowners across the country, as house prices skyrocket due to property shortages, a low numbers of new-builds and low interest rates. But what about those in less popular locations? Fortunately, property buying companies like National Homebuyers are keener than ever to help achieve fast sales for everyone. It’s been […]

Continue reading >

How will 2017 shape up for the housing market?

3 January, 2017

With a dramatic 12 months of turmoil within the industry finally over, can vendors and their prospective buyers afford to be optimistic for 2017? For the majority of people who hoped for a fast house sale in 2016, the year itself seemed to go from bad to worse, as uncertainty regarding the future of the […]

Continue reading >

Looking back: The property market in 2016

28 December, 2016

With 2017 just around the corner, we take a brief look at the events that have affected the housing market and shaped one of the most eventful years in recent history. For many, 2016 is a year they would rather forget. With an inconceivable number of well-loved celebrities passing on, the UK voting to leave […]

Continue reading >

Are help-to-buy schemes harming the property market?

13 December, 2016

With the government implementing a number of proposals over recent years to incentivise property sales for first-time buyers, a top economist is alleging that these schemes are doing more harm than good. Over the last few years the government has introduced a range of policies, with the aim of helping those experiencing financial hardship to […]

Continue reading >

Outlook for Scotland’s property market gets bleaker

6 December, 2016

After 18 months, the effectiveness of the LBTT scheme implemented by Hollyrood in April 2015 has started to come into question, with industry professionals warning that 2017 could bring suffering as a result. The changes to UK stamp duty made by George Osborne earlier in 2016 have been well documented in the media; and criticised […]

Continue reading >

The Only Way is Essex – Brentwood Becomes The UK’s Top Property Hotspot

5 December, 2016

Brentwood has become the UK’s newest property hotspot. This town located in the county of Essex has a population of 49,463 and is most famous for the TV program The Only Way Is Essex. According to new research by buying agents Garrington Property Finders, using Land Registry data, house prices in Brentwood have risen 16% […]

Continue reading >

Broadband speed is a growing concern for vendors

29 November, 2016

As we move to online streaming from traditional broadcasting and favour online shopping over supermarkets, a fast broadband connection has become an important feature for potential homeowners – and therefore those wanting to sell to them. For decades, the term ‘location, location, location’ has been a key consideration for potential homebuyers perusing properties on the […]

Continue reading >

Remote Island with its own Napoleonic fort up for sale

25 November, 2016

A remote 19th Century Napoleonic fort off the Pembrokeshire coast in the UK has come onto the market for offer over £550,000 . This fort was originally built between 1852 and 1854 as one of three sea defences to protect Pembroke Dock from the French and was a hotel in the 1980s and 90s. The […]

Continue reading >

Are the Tories failing the UK housing market?

22 November, 2016

As housing costs rise for both renters and owners, some quarters are seeing a growing level of hostility towards the Tory-led government, as those on lower incomes find themselves priced out of the housing market. In the 1950s, under post-war austerity measures and a towering debt that was 200% of the GDP, Tory PM Harold […]

Continue reading >

London property market may benefit as Trump wins US election

15 November, 2016

As international markets acclimatise to the news that the former Apprentice reality star is to become the next US President, London-based estate agents are seeing an opportunity for foreign investment. When the votes came in almost a week ago declaring Donald Trump as the new President of the United States, the Canadian immigration and citizenship […]

Continue reading >

Rent payments set to skyrocket over next five years

8 November, 2016

As the uncertainty of Brexit continues, expert forecasts indicate that the next five years will see a large disparity between house prices rises and rental payments, potentially slowing the UK housing market. Over the last 15 years, the growing margin between the monthly payments made by those who rent versus those who repay mortgages has […]

Continue reading >

House price inflation hits lowest growth level

7 November, 2016

According to the latest Halifax House Price Index UK house price inflation is currently at its lowest yearly growth rate since July 2013 (4.6%). House prices in the three months to October were 5.2%, which compared to the 5.8% it was in September this year continues to show the downward trend which has occurred over […]

Continue reading >

‘Hard Brexit’ blamed for rising prices and stagnant market

1 November, 2016

With a ‘hard Brexit’ on the cards, the construction industry is facing a shortage of workers, pushing up house prices and making them unaffordable for potential buyers – according to a new study. As Theresa May begins to negotiate the UK’s exit from the European Union, fears are growing regarding the effect of a ‘hard […]

Continue reading >

Property sales slowing due to lack of new builds

25 October, 2016

With a reduction in new homes being built, house prices are shooting up – and as older generations lose interest in downsizing, first-time buyers are finding themselves unable to afford a home. Despite previous government efforts to increase the number of new homes being built across the country, the scheme is still falling way behind […]

Continue reading >

Estate agents told to ‘raise standards’ after new TPO report

18 October, 2016

With an ever-increasing number of registered offices, complaints have skyrocketed against devious estate agents who are failing to follow The Property Ombudsman’s code of conduct – and there’s now immense pressure for change. At the beginning of 2016, Ipsos MORI released its survey of the most trusted professions in the UK – a survey that […]

Continue reading >

‘Accidental’ landlords are hoarding homes

11 October, 2016

Older homeowners are find themselves ‘hoarding’ previous residences to let out, largely due to huge price increases during the housing boom. When people hear the word ‘hoarding’, they often get an image in their head of an elderly person who refuses to throw anything away and move on with their lives. And now, the London […]

Continue reading >

‘Portal juggling’ banned by The Property Ombudsman

4 October, 2016

Industry regulators are cracking down on devious estate agents who manipulate the house-buying public through online property portals, as new codes of conduct are introduced. While the prevalence of online portals for selling homes has made it easier for potential buyers to find their dream homes – as well as making it easier for estate […]

Continue reading >

High loan-to-value mortgages dry up for first-time buyers

20 September, 2016

With the number of low-deposit mortgages available to first-time buyers dwindling, analysts fear the knock-on effect will cause a slowdown in the property market. In the wake of the Brexit vote, lenders have been seemingly optimistic regarding the health of the UK’s housing market. With low mortgage rates, lenders are reporting an increase in borrowing […]

Continue reading >

Are estate agents falsely advertising your home?

13 September, 2016

Estate agents throughout the UK are failing to comply with the Housing Act by advertising homes as having multiple bedrooms, even if some are unfit for purpose – which can lead to legal action. In 1985, the Housing Act was introduced to avoid properties becoming overcrowded, as well as ensuring that properties bought and sold […]

Continue reading >

House-buying ‘anxiety’ at highest level for 40 years

6 September, 2016

With an increasing number of factors affecting the housing market, anxiety levels are beginning to affect the industry’s buoyancy. The Ipsos Mori Issues Index is used to track the public’s feedback regarding important societal factors and their link to stress – and, this month, housing has risen to the fifth most stressful issue facing the […]

Continue reading >

London vendors begin to ‘panic sell’ as housing inflation slows

30 August, 2016

While the wider UK property market appears to be holding steady since the Brexit vote, London is facing a free fall. More than two months have passed since the UK voted to leave the EU and, so far, the fallout has not been as much of a disaster in the financial and property markets as […]

Continue reading >

First-time buyer numbers dipping as deposits become unaffordable

23 August, 2016

With interest rates cut to historically low levels, first time buyers are seeing their attempts to save for a deposit being stymied while their potential mortgage rates are increased, preventing many from buying a house. When the Bank of England cut interest rates this summer in order to make lending cheaper, it was hoped that […]

Continue reading >

Post-Brexit effects should be more certain by September

16 August, 2016

With an unsure future, experts look to a leading estate agency’s research to gain a better outlook for the country’s housing market. For almost two months, property selling experts have been trying to estimate the knock-on effects from the EU referendum at the end of June. Many have postulated that the likely outcome will be […]

Continue reading >

More research showing slowdown in house price growth

9 August, 2016

With the housing market showing signs of a slowdown, misery is being compounded by new research showing a drop of 1% in house prices since the Brexit vote. Figures released by Halifax, one of the nation’s biggest lenders, have shown a drop in property values of 1% during the month of July. While it claims […]

Continue reading >

Decline in buyer interest signals slump for housing market

2 August, 2016

With an eventful 2016 now entering its third quarter, confidence in the property market is slowly decreasing – and with an unclear future ahead, those looking to sell are finding themselves in an increasingly tenuous position. As 2016 continues to fuel uncertainty across the housing markets thanks to the stamp duty hike and the Brexit […]

Continue reading >

Could rental hikes reduce the number of potential buyers?

26 July, 2016

With the impending clampdown on landlords and buy-to-let mortgages, rental costs are due to skyrocket despite the recent Brexit impact – making it even harder for renters to afford a deposit for a house. With the increase in stamp duty in April, many landlords were scrambling to complete on buy-to-let mortgages during the month of […]

Continue reading >

New-build sales soar as private sellers begin to worry

19 July, 2016

Two of the largest house builders in the country have claimed that their sales actually increased in the run up to the Brexit vote, while asking prices have been falling for private sellers. It was widely envisaged by industry professionals that all aspects of the property market would suffer if the UK voted to leave […]

Continue reading >

Outrage at privatisation plans for Land Registry

14 July, 2016

With the nation currently focused on fallout from the Brexit vote, several controversial issues affecting homeowners are being considered by the government to reduce the national deficit. It can’t have been easy being George Osborne in 2016 as he’s slowly but surely managed to antagonise every demographic across the entire county while still maintaining his […]

Continue reading >

London house prices could fall as much as 40%

12 July, 2016

In the aftermath of the Brexit vote, many homeowners in London are looking for a fast house sale before the value of their property plummets too far. With a slew of varying opinions hitting the headlines since the referendum, it is easy to see why those looking to sell their home are beginning to feel […]

Continue reading >

House purchases on ice as consumer confidence plummets

5 July, 2016

After the shocking result of the Brexit referendum, consumers are applying the brakes to all non-essential purchases – including homes – as uncertainty spreads across the country. In the last ten days, there have been many developments related to the UK’s decision to leave the EU, as it becomes clear that those heading up the […]

Continue reading >

Brexit: How will the UK property market fare outside of the EU?

26 June, 2016

Now that the UK has voted to leave the EU, many are beginning to question the consequences for financial institutions, as well as the property market. So does Brexit spell doom for those looking to sell their homes? The Leave-vs-Remain debate has been one the most divisive issues in modern British political history, with campaigners […]

Continue reading >

Buy-to-let is still an attractive investment

14 June, 2016

Despite the 3% stamp duty rise in April, experts say buy-to-let is still seen as an attractive investment by landlords, continuing to edge out potential private buyers regardless of government efforts. When George Osborne proposed the stamp duty hike, his intention was to reduce the stranglehold enjoyed by landlords and rich investors across the country. […]

Continue reading >

Government hopes to sell 23,500 council homes

7 June, 2016

With a property market already filled with properties failing to sell, the planned mass-selling of high-value council homes by the government could make it harder for private sellers – while also depriving low-income families of the chance of affordable housing. In keeping with its promise to invest £4.5bn into their ‘right-to-buy’ scheme, the government has […]

Continue reading >

Experts wonder if UK house prices have reached their limit

31 May, 2016

With the stamp duty rise past, and the looming Brexit vote ahead, the property industry is speculating about a drop in value for housing across the UK, as potential buyers hold back on purchasing a home. “The houses are there, but no one is buying” – that’s the growing consensus amongst UK property selling experts […]

Continue reading >

Could Brexit lead to falling house prices?

24 May, 2016

In the face of a potential exit from the EU, estate agents believe that if ‘leave’ campaigners get their way, almost £26.5bn could be wiped off the UK property market by 2018. For many, the forthcoming vote on June 23rd regarding the UK’s possible exit from the European Union is an issue of immigration control […]

Continue reading >

Gazumping may soon be a thing of the past

17 May, 2016

Plans to ensure both buyers and sellers enter legally binding agreements earlier in negotiations could benefit buyers hugely, but leave vendors in a less promising position. Compared with other European countries, the house buying process in England is a long drawn-out affair with most transactions taking between 14 and 16 weeks to be completed. As […]

Continue reading >

A sign of the times – first-time buyers and the 40-year mortgage

10 May, 2016

Due to the growing disparity between wage levels and property prices, many first-time buyers are forced to take out longer and longer mortgages to get on the property ladder. It was only 30 years ago that taking out a mortgage with a term of longer than 25 years drew gasps from the majority of homeowners. […]

Continue reading >

‘The Bank of Mum and Dad’ is funding a quarter of all property purchases

3 May, 2016

Younger buyers are becoming increasingly dependent on their parents and relatives to help them buy a house – but the number of affluent parents capable of helping their offspring could start to decrease, as house prices continue to get higher. Over the last 20 years, the widening gap between the increase in wages and property […]

Continue reading >

Estate agents accused of ‘juggling’ properties on online portals

26 April, 2016

Some UK property agencies are under fire for repeatedly relisting unsold homes on portals such as Rightmove and Zoopla, in an effort to improve their reputation and hide information from potential buyers. The rise of property portals on the internet has been a blessing and a curse for many estate agents. Smaller agencies have been […]

Continue reading >

New figures suggest slowdown in housing market ahead of Brexit vote

19 April, 2016

With the upcoming referendum in June regarding the UK’s position within Europe, following on from buy-to-let stamp duty shockwaves, the housing market is facing its greatest slowdown in over a year according to new polls by RICS and Halifax. It is not uncommon for buyers and sellers alike to become wary and distrustful of the […]

Continue reading >

Buy-to-let mortgage rates slashed in effort to encourage potential landlords

13 April, 2016

As stamp duty rates increase, those with available capital are taking advantage of the price war between lenders offering low mortgage rates for buy-to-let fixed rate mortgages, giving landlords more reason to invest. When George Osborne introduced a hike in stamp duty for those looking to purchase a second home, many UK property buying experts […]

Continue reading >

Stamp duty rise comes into effect as estate agents’ phones fall silent

11 April, 2016

With the cost of stamp duty across the UK rising from 1 April, estate agents have enjoyed a record first quarter – but now that the deadline has passed, the market may be facing a slump. When George Osborne announced plans to increase stamp duty for those purchasing a second property through buy-to-let mortgages, many […]

Continue reading >
london view

Younger commuters struggle as capital costs spiral upwards

4 April, 2016

With increasing living costs and huge annual bills for commuting to and within London, younger workers and first-time buyers are finding themselves seeking residence and work elsewhere – but how affordable are property prices? London has always been regarded as the priciest area of the UK for home ownership and as prices increase, even commuters […]

Continue reading >

Property ownership for millennials may be a pipe dream

29 March, 2016

The dreams of owning a house are slowly evaporating for prospective UK homebuyers, with younger generations facing a lifetime of instability thanks to increased prices, according to a recent study. A poll carried out by Ipsos MORI has found that 74% of those aged 25-34 believe it is harder for them to put down roots […]

Continue reading >

House sales down 2% over 12 months – but prices continue to rise

16 March, 2016

A recent report from Hometrack’s UK Cities House Price index has shown a average slowdown of 2% in sales across the country, with several cities exhibiting a shocking 20% drop versus the previous year. Those looking to sell their home fast during 2016 are facing an uphill battle to find buyers in a difficult year […]

Continue reading >

Are mortgages excluding older buyers from the property market?

9 March, 2016

Over a third of mortgage brokers have reported a sharp rise in those over 40 being rejected for a mortgage, according to claims in a new report by Nottingham Building Society. The study showed that almost one in five rejected mortgage applications by those over 40 are due to age and an inability to afford […]

Continue reading >

Britain’s largest estate agency sees huge decline in annual profits

1 March, 2016

Countrywide has announced a 40% drop in profits over the last year, which has been blamed on a market slowdown and increased competition from online rivals. Property selling experts are examining the future role of high street estate agents after Countrywide, the country’s largest agency, announced a 40% drop in profits during 2015 when compared […]

Continue reading >

Are house prices going up? Mixed forecasts and the market impact

23 February, 2016

New figures released by Santander forecast a huge increase in property prices across the country by 2030, while income levels fail to grow comparatively, causing worries for buyers and sellers alike. The average UK homeowner can expect to see the value of their property double in the next 15 years according to the mortgage provider, […]

Continue reading >

£50k rent bill uncovered by new research into house costs

16 February, 2016

According to figures released by the Association of Residential Lettings Agents, the average first-time buyer will have spent over £50,000 in rental fees before purchasing a home. As the average cost of living increases, the age at which a first-time buyer has saved enough for a deposit has risen from 23 in the 1960s to […]

Continue reading >

Lower-price-bracket housing demand could challenge first-time buyers in Scotland

9 February, 2016

The forthcoming hike in stamp duty in April, aimed at opening up the market to private house buyers, may have the opposite effect according to leading landlord and property organisations. Scottish MPs are reviewing the consequences of the imminent charge increases after several housing associations weighed in on the issue. Since the stamp duty hike […]

Continue reading >

Competition increases for UK property sellers as landlords flood the market

2 February, 2016

In an effort to avoid the forthcoming increase in stamp duty, landlords are collectively unburdening their portfolios from small homes – and the huge influx is likely to drive down prices. Those looking to sell their homes in early 2016 are facing increased competition as landlords are due to saturate the market looking for a […]

Continue reading >

Finding it hard to trust your estate agent? You’re not alone

27 January, 2016

A new poll from Ipsos Mori has found public trust in estate agents to be at an all-time low, outranking only politicians and government ministers – with much of the disapproval coming from older generations. According to the survey, which ranks professions from most to least trusted in the eyes of the public, estate agents […]

Continue reading >

Increasing house prices lead to slow-down in market

20 January, 2016

House prices in the UK have risen sharply in recent years, according to a new report from Halifax, leaving first-time buyers needing an ever-increasing deposit to gain a foothold on the property ladder. Despite efforts by the government to make it easier to purchase a first home, potential UK home buyers are finding themselves priced […]

Continue reading >

Are rent increases pricing potential buyers out of the market?

12 January, 2016

Market analysts are forecasting a slowdown in the property market as a result of recent government legislation, as steadily increasing rent prices are expected to hamper efforts by potential buyers to raise the necessary funds to purchase a house. According to the Royal Institute of Chartered Surveyors (RICS), tougher taxes on buy-to-let properties will cause […]

Continue reading >

New housing and planning bill generates deep concerns

6 January, 2016

As the Conservative government’s housing and planning bill reaches Report Stage in Westminster today, numerous social commentators and property experts have expressed substantial worries about its potentially ‘disastrous’ impact on the UK’s housing market. The bill will give housing association tenants the right to buy their own homes, putting an end to secure tenancies and […]

Continue reading >

First-time buyers priced out of London property market despite support

16 December, 2015

A recent analysis by Savills has shown that first-time buyers are unable to afford homes in London, even when assisted by government help-to-buy schemes – and still have to rely on higher levels of savings. In a city where typical house prices and wage levels are already 66% higher than the national average, the continued […]

Continue reading >

Lower levels of home ownership spell out difficult future for housing market

9 December, 2015

Years of increased regulation mean the UK now ranks fourth from bottom in Europe for home ownership – which could mean challenging times ahead for sellers, pressing them to explore alternative ways to sell their property. After a steady increase in home ownership towards the tail-end of the last century, the UK is now thought […]

Continue reading >

House prices to rise by only 4% in 2016

4 December, 2015

Halifax, the UK mortgage lender, has announced today that UK house prices will rise by between 4% and 6% in 2016. This shows a slowing down of house prices compared to 2015 when the growth rate was around 10% which was a lot higher then expected. Halifax housing economist Martin Ellis said “House prices look […]

Continue reading >

UK Government Unveils Bold Plan to Tackle Housing Crisis

3 December, 2015

In an effort to tackle the “crisis of home ownership” in the UK property market, the Chancellor of the Exchequer George Osborne has pledged 7billion to tackle the chronic shortage of homes. The Chancellor has been quoted as saying: ‘And I am clear: in this Spending Review, we choose housing. Above all, we choose homes […]

Continue reading >

Estate agents lose interest in slow-selling homes

2 December, 2015

If a property has been on the market for more than 14 days, estate agents are less likely to put effort into selling it. That’s according to a recent survey in which more than 2,000 sellers were polled about their experiences. Online estate agent HouseSimple.com found that 51% of vendors were asked to drop the […]

Continue reading >

Council house sales mean more choice for buyers

25 November, 2015

Recent statistics show that sales of council homes under the right-to-buy scheme are now higher than they were before the recession, having doubled over the last two years. Figures from the Department for Communities and Local Government reveal that 12,304 council tenants bought their homes between 2014 and 2015, representing a big increase from only […]

Continue reading >

Jersey’s property prices at an all time high

19 November, 2015

It has been reported that house prices in Jersey have now recovered since they dropped due to the 2008 recession. Property prices in Jersey have now hit a seven-year high. The average price of a home in Jersey over the last three months was reported to be around £453,000. Houses in Jersey are now selling […]

Continue reading >

Asking prices drop after agents fail to disclose issues

18 November, 2015

Sellers have been required to drop asking prices by an average of £7k in England and Wales when problems with noisy neighbours came to light – after their estate agents failed to notify buyers. Consumer Protection From Unfair Trading regulations stipulate that estate agents must report any negative matters which could affect a UK home […]

Continue reading >

Purplebricks Value to Raise to £250m with New Stock Market Listing

13 November, 2015

Purplebricks, the online estate agency, has informed shareholders that it plans to list itself on the London Stock Exchange as early as next month. Sky News have discovered that Purplebricks have appointed Zeus Capital, an investment bank, to help them achieve this. Initial rumours taken from City institutions suggest there is a significant demand for […]

Continue reading >

Housing sales slump blamed on stamp duty changes

11 November, 2015

Following changes to stamp duty on house purchases, implemented by Chancellor George Osborne, critics have said that high-value sales have slowed and other sales have not been boosted. According to Land Registry figures, the number of properties sold to private UK property buyers in the seven months between December 2014 – when the changes were […]

Continue reading >

Longer Travelling Times Blamed On Inflated House Prices

9 November, 2015

An analysis of unpublished data from the Office for National Statistics has shown that there has been an increase in the number of people travelling more then 2 hours to their jobs. The report showed that the number of people travelling more then two hours has risen from 1.7 million in 2004 to a whopping […]

Continue reading >

Business Boom Will Fuel Surge In House Prices

5 November, 2015

As the UK economy starts to stabilise unemployment will fall and wages will start to see an increase over the next five years. The result of this will inevitably be that house prices will increase and a flurry of activity in home sales should occur. A new study on house price movement across the UK […]

Continue reading >

Will London be inside a property bubble by 2017?

4 November, 2015

Some experts have warned that London is in danger of being enveloped by a housing ‘bubble’ by 2017 – meaning that the cost of buying or renting will be unaffordable for people who work there. While high property prices seem positive, they can often cause economic problems if they get out of control. For example, […]

Continue reading >

Nearly a million at risk from mortgage repayments timebomb

27 October, 2015

Hundreds of thousands of homeowners who opted for interest-only mortgages are facing a struggle to pay off what they owe before the loan term runs out, according to charity Citizens Advice. Approximately 934,000 people may have to sell their homes to avoid repossession by the bank if they are unable to afford repayments – and […]

Continue reading >

Rightmove listings error stops houses for sale being seen

20 October, 2015

Leading property search website Rightmove has transformed the way that people find and research homes for sale in recent times – but when mistakes are made, it can put sellers at a disadvantage, as homeowners in Bolton recently discovered. An automatic boundary on the website mistakenly classed several areas of the town of Blackrod as […]

Continue reading >

Lord Sugar recommends investing in property to make money

If you’re seeking a fresh start, a quick sale of your existing troublesome home could give you the cash to invest in something really worthwhile – like property with the potential to make money. And, according to Lord Sugar, sensible property development can be the key to long-term wealth. With popular television show The Apprentice […]

Continue reading >

Do you live in a property hotspot? The future top ten is revealed

30 September, 2015

Experts have revealed the ten most likely locations in the UK to be property hotspots over the next decade, with a multitude of benefits for buyers – but what about sellers? Financial publication This Is Money has consulted online estate agent HouseSimple, which has listed the following in its set-to-boom locations: Manchester (central), Rotherham in […]

Continue reading >

Mixed fortunes for property owners as prices soar

22 September, 2015

House prices are breaking new records in affluent areas, but while this is good news for those with perfect properties, many sellers are facing challenges – especially with first-time buyers unable to afford high costs of purchase and maintenance. According to property website Rightmove, the average asking price of homes has risen by nearly 1% […]

Continue reading >

UK first-time buyers not alone in struggle to afford homes

A global survey has revealed that house prices are making the market difficult for first-time home buyers in numerous nations, according to 79% of European respondents. The ING International Survey On Homes And Mortgages gathered responses from almost 15,000 people in 15 different countries, discovering that four out of every five Europeans feel it is […]

Continue reading >

Jeremy Corbyn’s victory: What does it mean for the housing market?

15 September, 2015

Business groups have expressed mixed reactions to Jeremy Corbyn’s election as the new leader of the Labour Party, with the Right to Buy scheme and infrastructure investment among topics discussed.   Corbyn has said that extending Right to Buy to the tenants of private landlords could help to tackle the housing crisis. Such an expansion […]

Continue reading >

Land Registry confirms property sales are down

22 September, 2015

Figures from the Land Registry have shown that housing sales have fallen by 15% compared with the same period from 2014, matching the trend recently reported by HMRC. Cash sales, property auctions and mortgage-based purchases are included in the statistics, which were recorded in May this year. A total of 65,619 transactions took place, representing […]

Continue reading >

Summer property sales fell by 4.4%, says HMRC

7 September, 2015

The housing market was tougher for sellers in July, according to a seasonal estimate by government body HMRC, after a spike in June following the general election. Despite demand from buyers, changes to stamp duty at the end of 2014 created a sticking point, particularly in London – with house purchases during 2015 slowing at […]

Continue reading >

New Property Tax Sends Scottish House Prices Down

23 July, 2015

Property prices in Scotland have started falling after a new tax was introduced that changes the way buyers pay duty when they buy houses. Figures released this week by the Edinburgh Solicitors’ Property Centre indicate that the average price of property in East Central Scotland fell by 0.5% between April and June 2015, compared to […]

Continue reading >

I Don’t Believe it! Reverse Trend in House Prices: Rise in the North-East and Fall in London

22 July, 2015

The property portal, Rightmove has reported that there have been a sharp decrease in the number of properties being put up for sale, especially in the first-time buyer sector. According to Rightmove, house prices are rapidly rising in the North East of England and falling in the London borough Kensington and Chelsea. The average asking […]

Continue reading >

London Property for Sale with Local Drug Dealers Living Nearby

14 July, 2015

A decent sized lounge, stunning garden and…handy local drug dealers just around the corner When you are browsing property to either buy or rent, what sort of features do you look for in the local area? Good schools? Decent transport links? Reliable drug dealers nearby? This may seem like something of a bad joke, thought […]

Continue reading >

Buy-to-let could pose a threat to the UK economy

13 July, 2015

  As reported in the Daily Telegraph, the UK’s incredibly successful buy-to-let housing market could pose a real threat to financial stability, the Bank of England has warned. The Bank’s biannual Financial Stability Report warned that borrowers are finding it easier to obtain credit, and have potentially been putting themselves and the economy at risk […]

Continue reading >

How will the recent changes to inheritance tax affect the housing market?

10 July, 2015

George Osborne has officially announced that the Government will scrap inheritance tax on homes worth more than £500,000 for those living alone and up to £1m for married couples. Osborne will raise the inheritance tax threshold from January 2017 to £500,000 from £325,000. According to the Daily Telegraph, this essentially means that a married couple […]

Continue reading >

Is the budget about to drive up the cost of renting in the UK?

9 July, 2015

Landlord’s could see their profits reduced as the Chancellor targets the buy-to-let market As reported in the Daily Telegraph, landlords across the UK are set to see their profits decrease after George Osbourne announced in this week’s budget that he is reducing tax relief on privately rented homes, in an attempt to stop the economic […]

Continue reading >

Prime Property Sales in Edinburgh hit by new land & buildings tax in Scotland

8 July, 2015

It is being reported on Property Wire that prime property prices in Edinburgh rose by only 0.4% between the months of April and June, which is the lowest quarterly price growth in two years. On an annual basis prices have risen by 3.4% which is down from the recent 5.7% high in June last year, […]

Continue reading >

The Queen is getting £250,000 a year in rent payments

3 July, 2015

Last week we revealed the extent of the Queen’s annual income from her property portfolio and now it is being reported that she is renting out flats in St James’ Palace for the first time in history. As reported in the Daily Mail, the British monarchy has decided to rent out two luxury apartments in […]

Continue reading >

UK Commercial Property Sales Sky Rocket

1 July, 2015

If you are looking to sell commercial property in the UK then there is finally a glimmer of light after a prolonged market slump, as reported on Propertywire. According to data released by HMRC, the number of commercial property transactions has increased by up to 24% from a low of 92,900 in 2008/2009, but it […]

Continue reading >

House Prices Rise in Southern England

30 June, 2015

House prices in the UK have increased by an average of £11,500 over the last 12 months to May 2015 with seven cities in southern England significantly outperforming this level. As reported in Property Wire, the average house in a UK city now costs £189,400 with London more than doubling this figure at £425,700, according […]

Continue reading >

Prime Property Market in London Begins to Slow Down

29 June, 2015

The demand for high-end properties in London has slowed down significantly as wealthy buyers balk at steep property prices and higher stamp duty rates for the most expensive homes. According to the Financial Times, the property market in London remains subdued despite the Conservative’s surprise victory in last month’s General Election, which was expected to […]

Continue reading >

Should we be looking towards Berlin to solve the potential UK rental crisis?

26 June, 2015

  It has recently emerged that UK residents pay the highest level of rent in Europe; parting with 40% of their monthly wages to their landlords. This is a sharp contrast to Germany where renters spend only 25% of their wages to have a roof over their heads. The figures should not be a surprise […]

Continue reading >

The Royals are Raking it in!

25 June, 2015

The Queen is set to receive a record income this year after Britain’s booming property market further increased profits at the Crown Estate, the property company owned by the monarch. The extensive estate, an independent commercial business created by an act of parliament, hands all of its earnings over to the Treasury, which then passes […]

Continue reading >

Son or Daughter Knows Best

A recent Halifax Generation Rent Report has found a significant difference in opinions regarding the first-time buyer market between prospective first-time-buyers and their parents. As it currently stands 12% of parents believe it is ‘virtually impossible for first-time buyers to obtain a mortgage’. While 21% of prospective first-time buyers believe this to be the case. […]

Continue reading >

UK tenants pay the most rent in Europe

The National Housing Federation has claimed that those renting in Britain pay a higher proportion of their wages towards rental costs compared to any other country in Europe. According to research conducted by the National Housing Federation, private tenants in the UK are paying higher levels of rent and spending a huge chunk of their […]

Continue reading >

Public Spending Watchdog Questions Government Housing Claims

24 June, 2015

   The National Audit Office has called into question the Government’s claims that they had met their target and sold land for over 109, 000 new homes in the build up to the General Election. Claims by ministers that the government has sold off public land to developers for more than 100,000 starter homes and […]

Continue reading >

Increased Demand for First Homes & Better Rates Make that Second Step Easier

22 June, 2015

There could finally be signs of good news, according to This is Money, the increased demand for first homes is making it easier for those who are looking to get onto that second step on the property ladder. The Lloyds Banking Group began recording the perils of going from a first home, usually a one […]

Continue reading >

Young Professionals Flock to the South Coast

The sunny south coast of Britain is pulling in young professionals looking to buy property, new research has claimed. The sunny seaside town of Hove is now the country’s leading property hotspot for 25-44 year olds looking to buy houses, according to Property Wire. It is also claimed that neighbouring Brighton is now the fifth […]

Continue reading >

Nice work if you can get it: Stamp Duty revenue soars by an extra £1.5 billion

16 June, 2015

Stamp duty revenue generated in England and Wales increased by an incredible £7.7 billion in the year to March – easily beating the 6.2 billion which was raised at the peak of the last housing boom in March 2008. In stark contrast, in the 12 months to March 1999, less than £1 billion was raised. […]

Continue reading >

Now could be the perfect time to sell your home

15 June, 2015

It appears that the housing market has responded to last month’s surprise in the General Election. The Conservative’s victory appears to have stabilised the market. It is not all good news though with the need for more new-build homes becoming more and more pressing. According to Rightmove, house prices have increased by an average of […]

Continue reading >

Scottish Property Market Bounces Back with Increase in Sales of Over £1M

10 June, 2015

The Scottish housing market is finally showing signs of bouncing back from the recession with the sale of homes worth over £1M rising by 70% in ten years.   The figures, released by the Registers of Scotland, also show that despite the recession in 2008, the final quarter of 2014-2015 saw the highest average house […]

Continue reading >

Yorkshire is the cream of the crop

8 June, 2015

Yorkshire has taken London’s place as the nation’s property hotspot as supply and demand becomes an issue. The Yorkshire property market has taken London & the South East’s place at the top of the national property table. The latest figures released by the Land Registry, highlight the fact that the county’s house increases increased by […]

Continue reading >

UK Interest Rates Kept at a Record Low

4 June, 2015

Once again the Bank of England have held interest rates at 0.5%. The size of its bond-buying stimulus programme has also remained unchanged at £375bn. The decision comes more than six years since the record low interest rates were introduced by the Bank’s Monetary Policy Committee. The six years of extra-low interest rates have led […]

Continue reading >

Cash Buyers at Record High

3 June, 2015

According to Nationwide nearly four out of ten houses were sold without a mortgage in the first quarter of this year. It is believed that there is something of a record high of those looking to sell houses for cash. Nationwide, the country’s second-biggest mortgage provider, have claimed that 38% of properties were sold to […]

Continue reading >

Are we Currently Floating Along in a Property Bubble?

26 May, 2015

The UK property market is continuing to grow in strength and is currently experiencing something of a boom, but how much longer can it last? It is a well-known fact that the UK property sector has a particular likeness to bubbles, with the market growing and growing before getting overheated and bursting. At the moment […]

Continue reading >

The Perfect Time to Sell your Home? UK House Prices are on the Rise

20 May, 2015

If you are a UK homeowner looking for someone to buy your house then now could be the perfect time to sell your home. According to figures released by the Office of National Statistics, house prices rose across the whole of the UK by a huge 9.6% in the year to March 2015, up from […]

Continue reading >

Bank of Mum and Dad in Crisis

2 October, 2014

A report, released by the charity Shelter, claims that more than six out of ten parents are unable to contribute towards a deposit that would allow their children to get on the property ladder. The report also shows that, of those parents who are able to offer their children a lump sum from the Bank of Mum and Dad, […]

Continue reading >

Are Homeowners in Scotland Betting the House on Scottish Independence?

16 September, 2014

Panic stations as more and more economists warn of financial meltdown and a housing market crash in the event of Scottish independence. The date of the referendum on Scottish independence has been known for some time. However, until very recently, unless you were distinctly interested in politics you would be forgiven for not having known, […]

Continue reading >

37% of Working Parents Ration Food to Meet Housing Costs

28 August, 2014

A new report shows that over a third of all working parents in the UK are scrimping on food costs in order to be able to afford spiralling housing costs and rising bills. A report issued by Shelter today shows that working parents are being further squeezed by rising housing costs and bills while wages […]

Continue reading >

House Prices Drop at Record Rate

18 August, 2014

A new report shows that house prices have dropped at their fastest rate in at least a decade as the weather warms and the market cools. According to Rightmove national average house prices fell by 2.9% in the month to August. While the market generally slows down during the summer months, these latest figures represent […]

Continue reading >

Is Now the Right Time to Sell Property?

28 August, 2014

A new report shows that the gap between supply and demand in the housing market is beginning to close. Is now the right time to sell property? According to the latest National Mortgage Market Monitor released by the estate agents Haart we are beginning to enter a buyers market, with less people looking to buy houses, […]

Continue reading >

House Values Rise Again – But Only Just

31 July, 2014

A New report shows that, while house values have increased for the fifteenth month in a row, the rate of growth slowed dramatically in July, adding weight to the growing consensus that the housing market is cooling. A report released by Halifax today shows that average UK house values rose by just 0.1% in July. […]

Continue reading >

House Prices Flatline as Market Begins to Cool

29 July, 2014

House Prices Flatline as Land Registry figures show prices remained unchanged in June, offering more evidence that the market may be beginning to slow down There was no change in average national house prices in June compared to May, according to the latest Land Registry statistics released yesterday. The annual increase in national house price […]

Continue reading >

House Buyer Confidence Lowest in Years

28 July, 2014

House buyer confidence hit by high house prices and fears of interest rate rises A report released by Halifax today says most house buyers believe this is the worst time to buy a house in at least 3 years. The series only began in April 2011 so, according to this particular report, this is in […]

Continue reading >

Wary House Buyers Slow Price Appreciation

25 July, 2014

House price growth slows as potential house buyers are put off by over inflated prices. A new report issued by Hometrack shows that house price appreciation has slowed to its lowest level since February 2013. House price inflation rose by just 0.1% between June and July, descending from the already low rate of 0.3% between May […]

Continue reading >

Interest Rates and Household Debt

24 July, 2014

The National Obsession That Could Become A National Disaster A new report claims millions will be plunged into household debt peril by rising interest rates. Is the Bank of England being flippant with people’s futures? Britain is, famously, a nation of homeowners. Historical evidence has shown that we are obsessed with owning the house in […]

Continue reading >

House Price Inflation Reached 10.5% in May

15 July, 2014

ONS figures show highest level of national house price appreciation in four years. Recent indications that the housing market is beginning to cool may be nothing more than a false dawn, according to the Office for National Statistics. Figures released by the ONS today show that national house price inflation went up by 0.6% in […]

Continue reading >

Soaring House Prices Tempt Landlords to Evict More Tenants With No Rent Arrears

14 July, 2014

According to Citizens Advice Bureaux, ever increasing house prices are causing more and more landlords to seek greater income gains by evicting their current tenants, even those that represent ‘model renters’. The CAB report that a rising number of tenants who are fully up-to-date on their rent and who have had no complaints lodged against […]

Continue reading >

House Prices and Risky Mortgages Up, But Demand is Beginning to Fall

10 July, 2014

The number of house buyers taking out high loan to value (LTV) mortgages hit a post-crisis peak last month according to figures released by e.surv, the largest chartered surveyor in the country. The amount of borrowers taking out mortgages with a deposit equivalent to 15% or less than the value of their property reached 10,898 last […]

Continue reading >

Property Price Ambiguity is the Order of the Day

9 July, 2014

There is something of a mixed bag in terms of reporting on house prices today. Three separate figures have been released by Halifax and, while they all constitute part of the same overall report, each tells a slightly different story. The first criterion that has drawn a  significant amount of attention is the monthly house […]

Continue reading >

House Prices Set to Rise 35% by 2020

In its latest economic outlook PwC, one of the Big Four accounting firms, has predicted that national house prices will rise by 35% over the next six years and that London house price will continue to grow exponentially, easily surpassing the half million pound mark this year. According to PwC house prices will rise by 8% […]

Continue reading >

House Prices and Interest Rates Hit The Headlines Again

4 July, 2014

House prices and interest rates are in the news once more. Once again, house prices and interest rates are the main points of discussion in financial circles this week and, as usual, there seems to be precious little in terms of consensus amongst analysts in relation to these two subjects. House Prices A recently released […]

Continue reading >

The Cost of Interest Rate Rises

16 June, 2014

During his annual Mansion House speech last week the Governor of the Bank of England Mark Carney dropped heavy and thinly disguised hints that interest rates could be set to rise this year. Most market commentators, taking their lead from budget projections put forward by the central Bank, predicted rates would begin to rise early next […]

Continue reading >

Economic Conundrum…Boom, Bust Or Both? Does Anyone Have Any Answers?

13 June, 2014

The International Monetary Fund (IMF) spoke out yesterday regarding their fears of another housing crash and the impact this would have on the economy. However, these warnings came on the same day that national indicators apparently signalled an imminent cooling in the UK housing market. The deputy managing director of the IMF, Min Zhu, said […]

Continue reading >

Help to Buy Results Are In

9 June, 2014

The results of the first extremely detailed and comprehensive statistical study of the government’s Help to Buy scheme were released last week. The study investigated every area of both the market and the country connected to the Chancellor’s flagship housing initiative. Help to Buy has received mixed reviews since it was launched ahead of schedule in […]

Continue reading >

House Crowding On The Rise

10 June, 2014

According to figures recently released by the Office for National Statistics there has been a 25% increase in the number of households into which six or more people are crammed. The figures, which apply to the ten years between the last two censuses (i.e. 2001 – 2011), show that the number of severely overcrowded households […]

Continue reading >

Pressure on the Chancellor Increases Amidst Growing Fears of Housing Bubble

6 June, 2014

Average national house prices rose by 3.9% in May, the highest monthly increase since 2002, stoking the fire that is currently being lit under Chancellor George Osborne in an attempt to force him to tackle the threat the burgeoning housing bubble poses to the economy. The hike in house price inflation means the average cost […]

Continue reading >

Most Help to Buy House Buyers Are Under 30

A national study of estate agency figures has shown that the majority of people using the government’s Help to Buy scheme are doing so to get a foot on the housing ladder. The study, conducted by Move with Us, found that 86% of estate agents questioned said that the scheme is definitely proving most popular […]

Continue reading >

1 in 10 Households May Lose Their Home When Interest Rates Rise

4 June, 2014

A report issued by the Resolution Foundation last month has claimed that 1 in 10 mortgagors will be at risk of being unable to afford their repayments, and may lose their home when interest rates begin to rise. The independent think tank claims that 770,000 households fall into both high risk categories in danger of being […]

Continue reading >

Europe Calls on UK Government to Build More Homes, Raise Council Tax on Expensive Houses & Reign in Help to Buy

3 June, 2014

As part of its annual scheme of providing economic recommendations to member states, the Commission of the European Union has advised the UK coalition government to review and subsequently revalue several council tax bands. The commission described the UK’s council tax system as regressive. Commissioners from what is essentially the executive body of Europe advised that: […]

Continue reading >

Changes to Mortgage Application Restrictions Set to Dampen Property Market

27 May, 2014

Tough new rules are set to be introduced to mortgage lenders, which will make it even harder for first-time buyers to obtain a mortgage. The rules are designed to prevent lenders from giving mortgages to customers who can’t afford them and will require them to take into consideration all of their customers spending commitments, including […]

Continue reading >

School Admissions Crisis: Parents Consider Moving After Missing Out On Primary School Places

23 May, 2014

Many parents have been left distraught after failing to secure a place for their child in their first-choice primary school. In fact, 40% of children missed out on their first choice of school, while a number of children did not even get one of their 6 choices and parents were left facing a school run to […]

Continue reading >

Help To Buy

2 June, 2014

  There is a lot of coverage in the media about the government’s Help To Buy schemes, but it can be confusing as to what the schemes are currently available, what they entail and who is actually eligible. Here is our quick guide to Help To Buy! Help To Buy Mortgage Guarantee Scheme The government is […]

Continue reading >

Budget 2014 – How will it affect the property market?

  This week the chancellor has announced the budget. It can be very confusing to decipher the budget and what it actually means, however there are a number of changes that are likely to boost the UK property market. The government has announced that in 2015-16 the annual tax-free allowance will increase to £10,500, meaning […]

Continue reading >

UK House Prices Higher than Ever

According to a recent survey from the Office of National Statistics, UK house prices have hit their highest level since the house price index was first calculated in 1968. The survey found that the index stood at 185.8 in August of this year, rising from the previous peak of 185.5 when the index was last […]

Continue reading >

Help To Buy Lenders May Not Offer The Best Rates For Low-Deposit Mortgages

23 May, 2014

The government’s Help to Buy mortgage guarantee scheme allows lenders to offer higher loan-value loans by guaranteeing up to £12 billion of lending. Since its early introduction in October last year, more than 6,000 applicants have applied for mortgages through Help to Buy participating banks. However, it may be possible for buyers to secure a better […]

Continue reading >

Help to Buy Government Backed Mortgages

2 June, 2014

The Government’s flagship Help to Buy Scheme is well underway, but is it really helping the people who need it the most? New research from the Resolution Foundation thinktank shows that low to middle-income families, across two thirds of the country, will not be able to benefit from the Help to Buy mortgage scheme as […]

Continue reading >

Royal Mail IPO Boosts UK Economy

Royal Mail shares have rocketed by more than 38% at the start of conditional dealing on the stock exchange. Due to the over-subscription of the sale of Royal Mail shares, the government has limited the number of shares that individuals could purchase to £750, in favour of small investors. Those who applied for more than […]

Continue reading >

House Prices Are On The Rise, But Is This Good News For Everyone?

The UK housing market finally seems to be picking up after its standstill following the banking crisis; however market analysts fear another property bubble is developing and when it bursts it could mean another recession for the UK. The National Office for Statistics’ June House Price Index (HPI) has been hailed as a sign that the economy […]

Continue reading >

‘Quick house sale’ firms face action by OFT

27 May, 2014

The Office of Fair Trading has announced that it will be investigating three ‘quick house sale’ companies that are allegedly using unfair practices that are leaving consumers thousands of pounds out of pocket. National Homebuyers can confirm that they are not one of the companies being investigated and enthusiastically welcome closer scrutiny for the industry. […]

Continue reading >

The Bank of England signals the end of quantitative easing, causing fears of another crash

2 June, 2014

The government’s policy of quantitative easing (QE) over the last 5 years has had a positive influence on the country’s economy and helped the recovery of the UK property market. However, there are serious concerns from market analysts that the withdrawal of QE measures will cause another crash in the global economy. The US Federal […]

Continue reading >

Possibly The UK’s Most Expensive House Ever Sold

27 May, 2014

It has recently been revealed that a London home, with views of St James Park, has been put on the market for a record breaking £250million; the Grade I listed property in Carlton House Terrace is set to smash UK records, becoming the most expensive house ever sold, if it achieves its asking price. The property has […]

Continue reading >

Homebuy Direct – All There Is To Know

HomeBuy Direct Scheme UK – How does it work? What is the HomeBuy Direct Scheme? HomeBuy Direct is part of the HomeBuy UK Government initiative to help people who cannot afford to buy a home. There are various HomeBuy schemes, but the HomeBuy Direct scheme is an equity loan which helps people priced out of […]

Continue reading >

The cost of a London property is 14 times average earnings

30 November, 2016

Hometrack, the property consultancy have recently published a survey that reveals that the average cost of a home in London is more than 14 times average earnings. In fact, the figures show that London house prices have risen 86% since 2009. The average house price in London is now £482,800 and the average annual wage […]

Continue reading >

A growing exodus: Younger generations flee the capital

27 September, 2016

As other towns and cities across the UK begin to look more enticing, thanks to lower living costs, younger Londoners are starting to abandon the capital in favour of a better quality of life. No-one has ever doubted the financial clout that London exudes – and for those who own property and work there, the […]

Continue reading >

Help-to-Buy ISAs only helping the ‘lucky few’, says charity

21 June, 2016

With increasing prices, the ISA scheme introduced by the government is failing to cover a vast amount of starter homes, due to a lack of availability and first-time buyers’ inability to raise necessary funds. When the UK government introduced their Help-to-Buy ISA in 2015, the aim was to ensure that first-time buyers would benefit from […]

Continue reading >