Homebuilder Miller Homes has raised over £500,000 for charity Habitat for Humanity Great Britain in the past three years. The money was raised for Global Village, which has seen Miller Homes teams help to build 10 ‘Habitat homes’ for orphans and vulnerable children in Malawi over the course of three trips. The money was raised through […]
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Annual house price growth reached 4.1% in January 2020, Halifax’s House Price Index has found. On a monthly basis prices jumped by by 0.4%, bringing quarterly growth to 2.3%. Russell Galley, managing director of Halifax, said: “A number of important market indicators continue to show signs of improvement. We have seen a pick-up in transactions […]
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The news that self-employed people find it harder to get a mortgage than those with bad credit comes as a surprise. Apparently just 76% of self-employed applications are approved, far less than those with bad credit (89%). It doesn’t seem to make sense, given that being self-employed is more of a lifestyle decision than having […]
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The number of property sales in Cork rose by 5.9% in 2019 compared to the year before, though there were 2.2% fewer in Dublin, MyHome.ie’s analysis of the Property Price Register has revealed. There were 6,447 sales in Cork, with the number in Dublin totalling 18,247. The county of Wicklow saw the biggest sales increase […]
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MPs are set to end the freeze on benefits today by agreeing to increase income-related benefits by the rate of inflation. The change should mean that Local Housing Allowance rates for private renters will rise by 1.7% from April 1, which could see 900,000 people get an extra £10 a month. However, Citizens Advice research […]
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Assured Sale and Progression (ASAP) has launched a proposition guaranteeing no-sale, no-fee on all legal costs and disbursements, including searches. The service reduces the average transaction time from sale agreed to exchange to 77 days on average – seven weeks faster than the industry average. Having tested the proposition, the business is now rolling out […]
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Aldermore Bank has relaunched its buy-to-let proposition, which includes a fee-free 5-year fix at 3.48% for individual landlords. The maximum loan limits have been increased from £600,000 to £1m to 75% LTV, and from £400,000 to £500,000 to 80% LTV. Meanwhile maximum terms have been extended from 35 to 40 years. Damian Thompson, group managing […]
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Just 76% of self-employed applications are approved, far less than those with bad credit (89%), Trussle’s Mortgage Saver Review found. Those at a high loan-to-value had more success, at 85%, first-time buyers had a 90% approval rate, while the retired were accepted 86% of the time. Miles Robinson, head of mortgages at Trussle, said: “The […]
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Prime London property prices rose by 4.8% in the fourth quarter of 2019, taking the annual rate of increase to 5.3%, the Coutts London Prime Property Index found. Demand seems to be on the up, as 10.1% more properties sold in the final quarter of 2019 than the corresponding period in 2018. However the number […]
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The proportion of homes sold about the list price fell to a three-year low of 19.9% in 2019, suggesting last year was a less competitive one for buyers. The coolest top-35 markets were Miami (8.9% of homes sold above asking), Las Vegas (12.6%) and Tampa (13.3%). Las Vegas fell from 26.8% a year ago, which […]
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