Farmers and owners of land have been warned to beware ‘conservation’ letters, after plots were bought and flipped to buyers with marketing indicating they could be developed or used for other purposes. A mystery organisation called Country Land Conservation sent letters to those who own fields, woodland and other protected plots indicating that it wants … Read more
The property market is currently undergoing a resurgence after months of lockdown stagnation and the stamp duty tax burden cut for most buyers by the Chancellor. Moving house has always been expensive – property prices are at an all time high and increasing numbers of homes are being sold above asking price. But despite this, a … Read more
More than half of homebuyers under-35 have been bankrolled by family – and a fiftth got more than £30,000 Some 56 per cent of under-35s who own a property had financial help Two thirds of them couldn’t have bought their home without this support They received £19k on average, and absent it would have delayed buying … Read more
Mortgage ‘fire sales’ – where specific loans are only available for up to 48 hours – will become the norm By Sarah Bridge, Financial Mail on Sunday Published: 21:50 BST, 10 October 2020 | Updated: 21:50 BST, 10 October 2020 Mortgage ‘fire sales’ – where specific loans are only available for up to 48 hours … Read more
An area of Bristol topped the list of locations in the UK that have seen the biggest increase in asking prices for property over the last 10 years, a report revealed today. Easton, an inner suburb north-east of the West Country city, saw its average asking price for a home soar 120 per cent to … Read more
The seven cities where property earns more on Airbnb: As demand from overseas tourists plummets, landlords weigh long-term tenants versus short-term lets Cardiff is the most profitable city for Airbnb, while Cambridge is the least In London, annual income from long-term renting is higher than through Airbnb Homeowners in Belfast and Manchester stand to make around … Read more
House price gains at strongest levels in 18 years… but estate agents warn the mini-boom is ‘increasingly at odds’ with the long-term property outlook Rics’ index rose unexpectedly to its highest reading since June 2002 last month Buyer enquiries, agreed sales and new listings all remained strong in September But agents see sales falling back … Read more
First-time buyers pay £140 more per month in mortgage repayments since beginning of the coronavirus crisis By James Salmon for the Daily Mail Published: 21:51 BST, 7 October 2020 | Updated: 21:51 BST, 7 October 2020 First-time buyers taking out a mortgage have seen monthly repayments rise by up to £140 during the coronavirus crisis, … Read more
The average home now costs nearly a quarter of a million pounds with mortgage approvals hitting their highest level since the month the financial crisis began to erupt. Rising activity in the housing market pushed the price of the average home up 7.3 per cent in the last 12 months to £249,870, according to the … Read more
When Amie Lewis and Alex Timms found out they were expecting their first baby, they decided it was time to put their one-bedroom flat on the market. Things moved quickly and the couple had accepted an offer on the apartment in Hackney, East London, within a week. They had also agreed a deal on a … Read more