News

Property News

• House price growth remains steady for most of UK
  The latest data and analysis from LSL / Acadata has revealed that the house price gap between the South East and the rest of the country continues to narrow.
• What is going wrong with Shared Ownership?
  New research from My Home Move has found that despite numerous pledges from the Government to increase access to housing for Britain's aspiring home buyers, shared ownership transactions across England and Wales have decreased throughout the majority of regions.
• Should landlords sit tight and ride out the BTL storm?
  This year has seen record numbers of landlords selling their BTL properties, in response to regulatory changes and the economic uncertainty, post Brexit.
• Student rents remain static according to new report
  An annual report into student accommodation, compiled by student utilities and service provider, Glide Utilities, has found that private student rent has remained at an average of £100 - £119 a week, for the second year running.
• 50% rise in homeowners releasing equity from their homes
  According to new figures compiled by equity release provider, Responsible Equity Release, homeowners have released 50% more equity from their homes over the past three months.
• Air Sourcing joins Equity Release Council
  AIR Sourcing, the sourcing system for equity release and retirement lending products, has announced that it has joined the Equity Release Council.
• FTBs reaping rewards from August price drop
  The latest data and analysis from independent estate agent, haart, has revealed that house prices across England and Wales in August dropped by 4.1% on the month, but are up 0.8% on the year. haart places the average house price now at £230,964.
• Could Junior ISAs spark an FTB boom?
  New research has revealed that if savings into Junior ISA's continues at the current rate young people's worries about saving a large enough deposit for their first home could be solved.
• A solution for cutting Britain’s £20bn housing benefit bill?
  Recent data has revealed that the government spends four times as much on housing benefits as it does on building houses – rent reform campaigner Ajay Jagota believes he has the answer for how we can get the UK's £20bn housing benefit bill down.
• Housing Minister launches first national Right to Build Expo
  The National Custom and Self Build Association's (NaCSBA) Right to Build Task Force has launched a national programme of events to showcase the work of the newly established Task Force to help boost the supply of Custom and Self Build housing and bring together stakeholders from industry, local authorities and landowners.
• Demand for high end student accommodation set to rise
  Despite Brexit, the global demand for higher education places for students seeking to study in the UK is set to rise overall by 2020, with an increase of 870,000 higher education students, boosting demand for high-end accommodation in university cities.
• Independent inventories for student accommodation are crucial, warns AIIC
  As students return to university for the beginning of the new term over the next few weeks, landlords and letting agents are being reminded of the importance of independent and professionally compiled inventories.
• Purchasing the freehold on your property
  According to RE/MAX, depending on whether your home is a flat or house will determine the process required to purchase the freehold of the property.
• Unnecessary mortgage fees cost Brits £370m a year claims mortgage adviser
  According to One 77 Mortgages, UK home buyers are wasting £370 million a year on unnecessary 'advice fees' charged by the majority of mortgage brokers.
• London house prices see biggest fall in a decade
  The latest data and analysis from Rightmove has revealed that asking prices for homes in the capital have experienced the biggest annual fall so far this decade, dropping on average by £18,000 in just a month.
• August rents up 2.4%
  The latest data and analysis fromHomeLet shows that during August, rents in the UK rose by an average of 2.4% - the highest rate of annual growth seen in the Private Rented Sector this year.
• Housing market crash predicted by majority of Brits
  As property sales decline across much of the UK and prices fail to maintain their upward momentum, property marketplace, TheHouseShop.com, thought now would be a good time to assess the future of the UK housing market.
• What FTBs should know before buying a property
  According to a new survey by My Home Move, almost a fifth of homeowners confessed that they didn't realise their first home would need work doing to it.
• Habito announce new partnership with My Home Move
  Online mortgage broker, Habito, has confirmed a partnership with conveyancing service provider, My Home Move.
• The beauty of buying at auction
  The beauty of auctions is their simplicity and transparency. Every bid is open to the room and, if you bid the highest amount above the reserve price the property is yours – plus the whole process can be over in a matter of minutes without any nailbiting waiting or fears of gazumping.