Savills predict 27% increase in house prices over five years.
Estate Agents Savills who had an annual turnover of £314.10 million in 2008 have predicted that house prices will rise by 27% over the next five years. As has been reported in the press, buyers are...
View ArticleThe virtual house deposit
The Lloyds Banking Group has joined the select little band that are offering new products to help first time buyers get a foot on the housing ladder. Most people recognise that with house prices still...
View ArticleHighest number of first time buyer mortgages for ten months
According to data from the Council of Mortgage Lenders, June saw the highest number of FTB mortgages since August 2010. But, although the numbers of FTB mortgages in June was the same as in Aug last...
View ArticleThird Of First Time Buyers In The Dark Over Their Purchase
RICS launches free guides to assist home buyers and sellers Almost a third of first time buyers across the country admit that they do not understand the processes involved when purchasing their first...
View ArticleInterest rate rises are the biggest risk to the housing market, say consumers
Rising interest rates are the single biggest risk to the housing market next year, the BSA’s final Property Tracker report of 2013 has revealed. Over a quarter (27 per cent) of people surveyed now say...
View ArticleHouse prices increase 5.5% year on year to October 2013
The latest house price data from the Office for national Statistics (ONS) shows that UK house prices went up by 5.5 percent in the year to October 2013. This is an increase on the 3.8 percent seen in...
View ArticleThe “Vanishing” First-Time Home Buyer; What It Means for the US Housing Market
Ah, the U.S. housing market, the so-called silver lining in the U.S. recovery—but not for long, as it may be rusting. The U.S. housing numbers are in, and they aren’t spectacular. In the U.S. housing...
View ArticleFirst Time Buyers Get Stamp Duty Boost
As a sign of its ongoing commitment to helping first time buyers get onto the property ladder, Halifax has today offered to pay the full stamp duty bill for first time buyers purchasing properties up...
View ArticleBrighton Named The Most Unaffordable Place In Britain For First Time Buyers
Brighton is the least affordable town in the UK for first time buyers, whereas Belfast & Hull are amongst the most affordable, according to new analysis by job and property search engine...
View ArticleNationwide Re-Prices Mortgage Range to Help First Time Buyers With Smaller...
With effect from Thursday 8 May 2014, Nationwide Building Society is re-pricing its mortgage range, reducing rates by up to 0.20% at 80, 85 and 90 per cent Loan to Value (LTV) and increasing rates by...
View ArticleFirst-time buyers can save £1,300 a year by buying rather than renting
Difference increases three-fold over the past five years The cost of a first-time buyer owning a home in the UK is now on average £110 per month lower than renting or £1,316 per year (14%), according...
View ArticleMind the Gap: Bristol Developers Work Hard to Bridge the Affordability Gap
There always seems to be stories around in the media about how first-time buyers are struggling to get on the property ladder but in areas like Bristol, developers are being particularly proactive in...
View ArticleHouse purchase approved loans rise by 11%
Andy Knee, chief executive of LMS, comments on the CML lending figure and the ONS house price index, December: 2014 saw the number of house purchase approved loans rise by 11%, compared to 2013 as the...
View ArticleHSBC helps first-time buyers with lowest ever 90% LTV rate
Market-leading 2 year discount rate HSBC will launch its lowest ever 90% LTV mortgage rate today, Monday 2nd March. Borrowers with a 10% deposit will be able to take advantage of a rate of 1.99% – a...
View ArticleHelp to Buy ISA is a helping hand for Generation Rent but they need a leg-up too
More must be done to convert 'Generation Rent' into homeowners Help to Buy ISAs are a step in the right direction, but much more must be done to help ‘Generation Rent’ take their first step on the...
View Article12.7 million people plan to move on average 23.3 miles in order to be able to...
281,600 people think they will have to move over 300 miles away from where they currently live in order to get on the property ladder People who have climbed on to the property ladder over the past...
View ArticleHouse prices increase 5.5% year on year to October 2013
The latest house price data from the Office for national Statistics (ONS) shows that UK house prices went up by 5.5 percent in the year to October 2013. This is an increase on the 3.8 percent seen in...
View ArticleThe “Vanishing” First-Time Home Buyer; What It Means for the US Housing Market
Ah, the U.S. housing market, the so-called silver lining in the U.S. recovery—but not for long, as it may be rusting. The U.S. housing numbers are in, and they aren’t spectacular. In the U.S. housing...
View ArticleFirst Time Buyers Get Stamp Duty Boost
As a sign of its ongoing commitment to helping first time buyers get onto the property ladder, Halifax has today offered to pay the full stamp duty bill for first time buyers purchasing properties up...
View ArticleBrighton Named The Most Unaffordable Place In Britain For First Time Buyers
Brighton is the least affordable town in the UK for first time buyers, whereas Belfast & Hull are amongst the most affordable, according to new analysis by job and property search engine...
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