Home owners in London pay the highest price premium to live near a station, but tram/rail links also attractive to home buyers in Manchester, less so in Glasgow, according to new research. There is a £42,900 premium in London for property 500 metres from the nearest station, compared with a similar property 1.5 kilometres away, […]
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There are signs of the property market picking up in England and Wales, and in parts of London, according to the latest real estate market analysis. Average prices for July in England and Wales, excluding new build, reached £263,145, up 2.2% month on month, according to the report from London Central Portfolio (LCP), but annual […]
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While house prices are expected to increase once the Brexit uncertainty has lifted and a deal has been agreed, a no-deal could see house prices fall by around 6% in 2020, according to a new analysis. Indeed, a drop of 10% to 20% is not out of the question if the market reacts stronger than […]
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One in six people believe that they will definitely be over 65 by the time they repay their mortgage, and another 9% have no idea when it’s going to be paid off, new research has found. However, younger people are more optimistic with 80% of 16 to 34 year olds expecting to pay it off […]
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Parents can end up paying a price premium of £180,000 to live near an outstanding rated state secondary school in England, a new study suggests. Less than a quarter of top state schools are in areas with house prices under the national average, according to the research from online mortgage broker Trussle. It found that […]
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The Local Government Association is urging Chancellor Sajid Javid to relax the financial restrictions governing Right to Buy (RTB) and allowing councils in England to keep all the receipts they get from selling council homes. Currently local authorities can only retain a third of the money with the rest going to the Treasury. It is […]
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Plans by the Labour Party which could see landlords in the private rented sector having to sell their properties to sitting tenants have been heavily criticised by the industry. Shadow Chancellor John McDonnell has described a radical scheme giving tenants the right to buy if the party gains power at the next general election. He […]
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People will be able to see how every pound of property developers’ cash, levied on new buildings, is spent supporting the new homes their community needs under new rules that are now in force. Builders already have to pay up for roads, schools, GP surgeries and parkland needed when local communities expand but councils were […]
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Although you need to be aware that average figures are not always indicative of what is happening on the ground in a particular area, today it really is all about the numbers and they currently show price growth slowing and rents rising. Annual house price growth has now remained below 1% for nine months in […]
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The total value of commercial property sales in Scotland fell in the second quarter of 2019 but for the first time since 2015 the market in Glasgow outperformed, the latest sector analysis shows. Overall, at £614 million, commercial sales were the lowest in five years, the report from the Scottish Property Federation (SPF) shows, however […]
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