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Almost 14 million people in the UK plan to remain in their current home in retirement and of those an increasing percentage will use their property to generate income through equity release, a new study suggests. Figures from the research by Canada Life Home Finance show that 69% of adults say they will remain in […]
The post Over two thirds of people plan to stay in their own home in retirement appeared first on PropertyWire.
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Government proposals to reform the way landlords can repossess properties will not work and threatens the supply of homes for rent, it is claimed. In its response to the Government’s consultation on ending Section 21 repossessions, the Residential Landlords Association (RLA) argues that what is being proposed fails to give any guarantee that landlords would […]
The post Repossession reform in private rented sector will not work appeared first on PropertyWire.
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Living close to one of England’s top primary and secondary state schools can add over £25,000 to the price of a house, according to new research. Houses within the catchment of the top 10% of English primary schools cost around £27,000 more than those in the wider postcode district, while houses near the top 10% […]
The post Major study reveals price premium near top schools in England appeared first on PropertyWire.
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The majority, some four fifths of property investors consider international buyer interest to be key in boosting property prices, according to new research. But 55% of UK-based investors believe that Brexit will deter overseas buyers and this will in turn weaken the property market, the survey from Butterfield Mortgages Limited has found. Overall, 82% of […]
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Property prices in Edinburgh’s prime market have increased by 3.4% in the 12 months of July 2019 and by 0.9% in the third quarter of the year, the latest city index shows. At the top end of the market values have soared, up by 24% for £1 million plus sales over the year with the […]
The post Prime property prices up 3.4% in Edinburgh in year to July 2019 appeared first on PropertyWire.
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The cost of renting a room in the UK remains steady, up just 1% on last year, indicating that the sector has not been affected by the ban on letting fees in England which came into force in June. Northern Ireland is currently ranked as the UK’s cheapest place to rent with average rents of […]
The post Room rents not affected by tenancy fee ban in England appeared first on PropertyWire.
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There were an estimated 4.3 million leasehold homes in England in 2017/2018, equating to 18% of the housing stock, the latest official figures show. Of these, some 2.3 million or 55% were in the owner occupied sector and 1.7 million or 39% were privately owned and let in the private rented sector, according to the […]
The post Number of leaseholds properties in England largely unchanged year on year appeared first on PropertyWire.
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New research shows that fewer property sales are falling through before completion, despite continuing uncertainty in the UK property market. Some 22.39% of sales fell through before completion in the third quarter of the year, down 3.1% from the previous quarter and down by 5.88% year on year, according to the data from Quick Move […]
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First time buyers in England buying a new home using the Government’s Help to Buy Equity Loan scheme are paying on average 10% more than those buying new homes without it, a new study has found. According to data collected from 41,500 First Time Buyers using reallymoving for home move services over the last year, […]
The post First time buyers using Help to Buy pay 10% more for new homes appeared first on PropertyWire.
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Consumer demand for new homes has fallen by 8% over the last year to its lowest level since 2013, according to the latest industry annual survey. Small house builders report current buyer demand at 2.9 out of a potential five, down from 3.14 last year, and this is expected to fall further to 2.75 next […]
The post Demand for new homes down over 8% year on year in England appeared first on PropertyWire.
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