Annual price growth in the 12 months to July 2019 in England has slowed to just 0.7%, well below the year on year rise of 4.2% in Wales and 1.4% in Scotland, the latest national house price index shows. Month on month prices have increased by 0.5% in England to £232,710, by 1% in Wales […]
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Rents paid by tenants in the private rented sector in the UK rose by 1.3% in the 12 months to August 2019, unchanged since May 2019, the latest official index shows. In England rents increased by 1.3%, in Wales they were up by 1.2% and in Scotland rents rose by 0.9%, according to the data […]
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Almost a quarter, some 24%, of unretired people would rather unlock equity from their property than use their pension pot to pay for care costs in later life, new research suggests. And with fewer people expecting to use their pension rather than their property to fund care costs, down 5% from 2016 to 32% in […]
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Global real estate investment volumes are unlikely to reach the same levels seen in 2018 which was record year but they could match levels seen in 2017, according to the latest forecast. They reached US$1.8 trillion last year and US$1.7 trillion the previous year, a figure that could be matched in 2019 despite heightened macro-economic […]
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Mortgage market growth in the UK is continuing with the number of first time buyer mortgages completed in July up by 5.8% compared to the same month in 2018, the latest industry figures show. The data from UK Finance also shows that the number of home mover mortgages were up by 1.4% and buy to […]
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The Government’s flagship Help to Buy scheme is not making homes more affordable in general or helping address other pressing problems in the housing sector, according to a new report. Overall some 60% of buyers who have used it didn’t need the financial help anyway and 20% were not first time buyers, according to the […]
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The current average price of a new build home in Britain is £295,950, with a 10% deposit £29,595 taking 14.9 months to save based on an average monthly net salary of £1,993, new research has found. The figures, based on the cost of a new home in 50 cities, show that Durham offers the best […]
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Spending just a few hundred pounds can improve a home’s kerb appeal and positively influence a buyer’s first impression, according to new research. Two thirds of home buyers are influenced by how a home looks from the outside and want to see well maintained windows and a roof in good condition, a survey from the […]
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Property prices in Ireland are still rising, up 2.3% in the year to July 2019, but down significantly on the 10% rise recorded in the 12 months to July 2018, the latest index shows. But prices are falling in Dublin, down by 0.2% in the year to July. However, it depends on property type with […]
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Landlords in the private rented sector who commit to providing affordable housing should be given the same financial support as housing associations to improve the energy efficiency of their properties, it is suggested. In its response to the Scottish Government’s Energy Efficiency (Private Rented Property) (Scotland) Regulations 2019, rural business association Scottish Land and Estates […]
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