The likelihood of completing a property sale is highest in the last three months of the year, research from estate agent Homesimple shows. An analysis of Land Registry home sale completion figures by Housesimple over the past five years reveals October to be the best month for completions, with an average of 81,974 home sales […]
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Remortgage volumes fell by 20.8% year-on-year to October 2019, UK Finance data shows. First-time buyer activity was more promising, with volumes rising by 2.8% year-on-year. Mark Harris, chief executive of mortgage broker SPF Private Clients, said: “After a very strong year, remortgaging numbers dipped in October, suggesting that many of those who needed to refinance […]
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Southwold has been rated as the top coastal location to buy by comparethemarket.com This is based on the average rainfall, average temperature, beach quality score, average property price, annual property revenue, and daily property rental rate. Southwold has the highest average rental revenue, at £115,689. If you’re looking to invest in a seaside home with […]
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Some 59% of the general public have not heard of the term Build to Rent, research from platform Love to Rent has found. Nearly four in 10 British adults expect that they or their children will be living in rented accommodation in 10 years’ time. Anne-Marie Brown, founder and chief executive of Love to Rent, […]
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Property prices should rise by 2% in 2020 now the Conservative Party has secured a majority, Rightmove has forecast. It added that sellers’ pricing power will be enhanced by a lack of choice for potential buyers, with the proportion of estate agent stock that is available for purchase at its lowest for over two years. […]
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Westminister has the greatest proportion of underpriced properties in London, research from fintech firm Proportunity claims. The startup suggested that three quarters (74%) of Westminister’s properties under £1m are underpriced. Proportunity said inner London boroughs, which have seen house prices fall or stagnate since the EU referendum, could be set for a post-Brexit bounceback, allowing […]
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The cost of fixed rate Brexit buy-to-let mortgages are set to fall now the Conservatives have been elected, according to online mortgage broker Property Master. The monthly cost of fixed rate buy-to-let mortgages have fallen across all categories compared to the same time last December – in some instances by as much as £38 per […]
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Paul Addison is managing director of DevAssist, which investigates potential development issues within 75 metres of a property. Here he talks about some of the worst cases he’s seen. Sarah and Pete thought they had found the perfect home. Along the Folkestone seafront in Kent, the flat had uninterrupted views over pebbles leading down to […]
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Unmodernised homes in the Woodseats and Hillsborough areas of Sheffield are in demand. In an auction held by Mark Jenkinson and Son, 30 of the 36 lots sold for £2.75m. Adrian Little, head of the auction department at Mark Jenkinson and Son, said: “The figures for December continued the upward trend even though the auction […]
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It’s been a week dominated by the General Election – and whatever your political allegiance at least there’s an end to the political gridlock. It looks like Brexit is going to happen and, though I’ve never been a fan of it, at least we can now plan for leaving the EU, rather than probably leaving. […]
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