Two in three property buyers and sellers have been involved in a deal that has fallen through in the last 12 months, according to new research. A survey by reallymoving showed the main reason for failed transactions was buyers and sellers changing their minds (29%). This was followed by a problem discovered on the survey […]
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There has been a rise in the number of transactions completed in prime central London across the first nine months of 2019, according to the latest data released by Knight Frank. The estate agent has said it recorded an 11% increase in prime central London transaction between January and September 2019 compared to the same […]
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The UK Government has made available a further £4 million of funding to local councils to help them tackle criminal landlords. Housing Secretary Robert Jenrick announced that councils can apply for additional funding to better combat landlords who break the law and provide inadequate service to their tenants. It is an increase on the investment […]
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Women in the UK are more likely than men to dream of owning their own home but are also less confident they will achieve this goal, a new study has found. The First Time Buyer Index from Aldermore surveyed more than 1,000 prospective homebuyers in the UK. Nearly nine in ten women (87%) said they […]
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There are just 38 days until the UK public returns to the poll stations. And the build-up to the 2019 General Election on 12 December is, of course, destined to be dominated by Brexit. However, one can also expect the state of the housing sector to feature prominently. From landlord regulations and stamp duty reforms […]
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The size of prime London’s luxury build-to-rent sector has grown by 35% in five years, according to new figures. More than half (55%) of tenancies in the city for lettings priced above £2,500 per week are now in properties owned by either build-to-rent developers or professional investors. The survey of tenancy data by estate agent […]
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The number of regulations landlords must abide by has increased by 32% since 2010, new analysis has found. The total number of regulations affecting landlords now stands at 156, up from 118 when the Conservative-led coalition government came to power, the Residential Landlords Association (RLA) said. The RLA is warning that the increased regulation of […]
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Three in ten homebuyers spend more than £5,000 on improving their properties within the first year of owning the home, according to new research. A survey by Sainsbury’s Bank Home Insurance found that 8% of UK homebuyers are spending less than £500 on home improvements during their first 12 months in the property. Just under […]
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Two in five renters in the UK believe they will never be able to afford to buy their own home, new research has revealed. A study by Halifax and YouGov found that around three in ten private renters in the UK think it is now normal for people to rent for life. The figure falls […]
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The North of England is to receive £30 million of investment to advance the construction of greener housing, the Housing Minister has announced. The £30 million is being directed into Yorkshire, which forms part of the so-called ‘Construction Corridor’, to boost businesses in the region. The funds are being allocated from the Home Building Fund, […]
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