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Vince Cable: Halt right-to-buy

Vince Cable: Halt right-to-buy

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 […]

Stamp duty cuts had little impact

Stamp duty cuts had little impact

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 […]

15% increase in first-time buyer loans

15% increase in first-time buyer loans

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 […]

UK house prices up 5.1%

UK house prices up 5.1%

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 […]

Average house price hits £301k

Average house price hits £301k

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, […]

Retired hold £1.1trn in property wealth…

Retired hold £1.1trn in property wealth…

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. … […]

Tracking the trends

Tracking the trends

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 […]

Homes with character pull in buyers

Homes with character pull in buyers

Despite an overall slowdown in prime property demand and prices, those with character and quality remain sought after. “There has been discounting happening to get new developments sold, particularly when it comes closer to completion,” says a property specialist. “Yet what has been most popular is anything with character and heritage.” Even though the number of […]

Corbyn: Labour will buy homes for rough sleepers

Corbyn: Labour will buy homes for rough sleepers

Labour leader Jeremy Corbyn says the party will help the homeless by buying 8,000 homes “to give immediate housing” to those who need it. There are now around 5,000 people living on the streets around the country, a 15 per cent rise on the same period in 2016. Speaking on theBBC ‘s Andrew Marr Show […]

Ten-year high for new homes registrations

Ten-year high for new homes registrations

More than 160,000 new homes were registered to be built across the UK last year – the highest number for a decade. A total of 160,606 homes were registered during 2017, up 6% on the previous year, the National House Building Council said, largely driven by the Midlands, where registrations rose by 16%. New home […]


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