Sir Vince Cable has called for a halt to the government’s right-to-buy policy, describing it as the key reason for the “catastrophic shortage of homes” in England. The leader of the Liberal Democrats said that there must be “an immediate pause” on the scheme for both councils and housing associations until the homes that have […]
Despite the November Budget seeing the abolition of stamp duty for first time buyers, almost nine in ten members of the Rics reported no increase in first-time buyer inquiries in December. A chief economist at Rics, said: “The initial feedback from the market doesn’t suggest that the change in the stamp duty regime announced in […]
November saw a 15.2% annual rise in the number of new first-time buyer mortgages, new figures from UK Finance show, with 34,800 new first-time buyer loans. Lending to home movers rose 16.8%, with 36,200 new mortgages, and remortgaging also increased, with an 8.5% climb recorded. Across all mortgages, lenders approved 13% more loans in November […]
Data from Land Registry and the ONS shows that the average house price in the UK reached £226,000 in November, a 5.1% year-on-year increase. The increase was led by Cambridge, where values jumped 16.4%, and the West Midlands, where the average sold price was 7.2% up on a year earlier. The figures show that the […]
A few questions answered, to get to know us better… ”Based on vibrant Brick Lane, Adam Dockley heads up the eponymous estate agency, Dockleys. Formed in 2016, he created the independent agency after working in the industry for over two decades. His office doesn’t have strict boundaries – but deals mostly with east and south-east London. […]
House prices went up 0.2% in January, rising by £455 from December to £301,477, according to property experts’ latest England and Wales House Price Index. This marks the first monthly climb since September but the increase is down on the 0.4% climb recorded in January 2016. Rutland in the East Midlands saw the strongest performance, […]
The Mail’s Jo Thornhill offers insight into equity release plans, highlighting research from a financial planner which suggests housing wealth among the retired stands at more than £1.1trn. She also looks at how older homeowners are increasingly releasing equity in their homes to help give younger family members a leg up onto the property ladder. … […]
The Times considers modern trends in housing and the benefits they may offer. These include: home sharing co-living schemes prefab properties and micro homes Elsewhere, the paper looks at attempts to make new build homes more appealing, with a property expert saying: “What new-builds are accused of lacking, in comparison to older properties, is ‘character’, but developers are […]
