Giving family money to get on the housing ladder can lead to financial uncertainty


Thousands of people aged 55 and over are generously gifting money as part of the Bank of Mum and Dad, using savings and even pensions to help their family onto the housing ladder, new research has found. However, the study from financial services group Legal & General and Cebr also shows that many people could […]

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UK needs Help to Retire scheme to boost homes for older people


More housing is needed for older people in the UK with a Government scheme like Help to Buy also needed to encourage them to move into smaller and more suitable homes, it is claimed. Some 97% of sector professionals believe that the development of later living accommodation will play a key role in alleviating the […]

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Changes to shared ownership announced to help more people get on property ladder


Shared ownership home owners will be able to increase their share at lower increments under plans for a new national model for shared ownership will help thousands of lower earners onto the housing ladder. The Government has announced that people will be able to buy their home in 1% chunks rather than being forced to […]

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Southern end of Mallorca proving popular with overseas buyers


Property sales have doubled in the past five years in Mallorca with demand currently focused on coastline properties overlooking Palma Bay, according to agent research. Proximity to the International Airport, fast connections to Palma and good sports facilities has put the southern corner of the island on the radar with potential buyers in the last […]

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Taskforce wants to see more new homes built on derelict land in Scotland


All sectors in Scotland are being urged to help bring land back into productive use and prevent future sites from being abandoned, with many able to support new home building. The Vacant and Derelict Land Taskforce, set up last year by the Scottish Land Commission and SEPA, has published a report on the action it […]

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More people think prices in Ireland will fall in next 12 months, poll finds


here has been a significant shift in consumer sentiment regarding house prices In Ireland in the last year, with nearly twice the number of people believing prices will fall over the next 12 months. The latest property consumer sentiment survey from property website MyHome suggests an increasing number of people believe house prices have reached […]

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Study reveals rental costs before buying a first home


The average adult in Britain will pay out more than £63,000 in rent before they get onto the property ladder, a new study has found. Researchers found that people who have bought their first home within the last five years had typically paid £625 every month in rent to their landlords. And on average, it […]

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Highest and lowest annual city price growth is in Scotland


The highest and the lowest price growth in key cities around the UK are both in Scotland with Edinburgh recording a rise of 5.8% and Aberdeen a fall of 4.8% in the last 12 months. Prices in Liverpool also increased by 5.8%, while Cardiff and Leicester saw prices rise by 4.4%, Manchester by 4.3% and […]

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Average price paid by home movers in UK up 32% in last five years


Over the past five years, the average price paid by home movers in the UK has grown by 32% and the cost of moving has jumped 4% since last year, the latest research shows. The research from Lloyds Bank also shows that deposits have increased by 22% over the last five years with those in […]

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