Why Ramsgate, Kent was ranked as No.1 seaside town for London buyers moving to the coast
Propertymarket-index recent report ‘Coastal Property Market for London Buyers Moving to the Coast’ indexes and rates the growth in the trend of owning property outside of London and on the coast. The report looks at the challenges of staying close enough to London for work or city life, while enjoying the lifestyle and culture that […]
Government investment in homes and jobs tops £1.8bn to support a housing-led recovery
From Carlisle to Cornwall and Manchester to Medway, the government is investing in transport, schools and community facilities that will enable new homes to be built and boost local economies. Investment delivered by Homes England through the government’s Housing Infrastructure Fund Forward Funding (HIF FF) has passed £1.8bn since its launch in 2017. Overall, £2.7bn […]
Key timings you need to know about the stamp duty holiday
Key timings you need to know about the Stamp Duty Holiday Data from Zoopla states that the average time it takes between agreeing a sale and completing is normally just under 100 days. From the data collected it shows that 92% of all sales agreed in November typically complete by the end of March the […]
Government announce the housing market will remain open during lockdown
Providing estate agents follow the latest guidance for employers and businesses on Covid-19 and safer working, the government have confirmed that estate agents may continue to operate during this second lockdown period. Meaning property viewings for prospect buyers and renters will continue. A letter from the housing secretary Robert Jenrick has been issued which confirms […]
Home working helps drive detached properties price surge says Halifax
New research from the Halifax shows demand and prices for larger and detached properties have surged as buyers hunt more space – particularly for working from home. Prices for a typical UK detached house have risen 5% since March this year, according to the Halifax House Price Index, while values for the average flat rose […]
Scotland misses out on mini house price boom
Research from the Nationwide shows a much smaller price rise for houses in Scotland. The building society’s research shows that average prices for all the home nations and regions are higher than a year ago and most regions saw a slight increase in annual price growth between July and September. Nationwide Chief Economist Robert Gardner […]
Government confirms Peter Freeman as new Chair of Homes England
Housing Secretary Robert Jenrick has confirmed Peter Freeman as Chair of Homes England, the Government’s housing delivery body. Freeman, one of the most distinguished figures in the housebuilding industry is well known for his work to regenerate Kings Cross and a track record of planning and delivering much needed revival of local areas, creating imaginative […]
Nationwide reports twin drivers behind 5% jump in UK house prices over past year
Lockdown and Stamp Duty ‘holiday’ behind the surprise rise But month-on-month house price growth now seems to be slowing And some experts warn the current price spike is simply unsustainable So, has it peaked and what does winter and the Covid-19 crisis have in store? Figures from the Nationwide show a 5% house price rise […]
Coronavirus triggered 62% nosedive in housebuilding during lockdown
Zoopla says the number of homes being built in England plunged 62% between April and June as work on building sites was suspended due to the coronavirus pandemic. With only 15,950 new-build properties completed, the Ministry of Housing, Communities and Local Government stated this was the lowest since records began in 2000. Building levels had […]
Manchester and Nottingham lead UK house price growth post-lockdown
There was a 2.6% house price rise between September 2019 and September 2020, according to Zoopla – 1% higher than a year ago. Due to the current economic climate and borrowing ability, lenders are less inclined to offer 90% mortgages, so first-time buyer numbers are depleting because they are having to source bigger deposits. The […]