Home owners with Help to Buy properties can now take out 35 year mortgages for first time, it has been announced. The Government has moved to close a loophole which has seen purchasers using the Help to Buy scheme facing difficulties and uncertainty if they wanted to take out a mortgage with a term of […]
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More than four in 10 adults aged 65 and over, some 44%, believe that the Government should be doing more to encourage downsizing, a new survey has found. A stamp duty exemption for downsizers is the most popular solution and would result in 18% being more likely to move, equal to almost 2.2 million people, […]
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London’s much documented decline in popularity amongst property buyers and renters alike has seen a shift in buyer activity across the UK’s property market in recent years. Where the capital was once king, particularly for investors, now regional cities and commuter towns have begun to take its place. One such town is Bracknell, which is […]
The post Game-Changing Regeneration Makes Bracknell the Next Key Investment Hotspot appeared first on PropertyWire.
Planning departments across Scotland may need up to £59 million over the next 10 years to undertake duties contained in the new Planning Act, it is suggested. New research by the Royal Town Planning Institute (RTPI) says that the Act places 49 new and unfunded duties on planning authorities and that it is estimated that […]
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Thousands of people aged 55 and over are generously gifting money as part of the Bank of Mum and Dad, using savings and even pensions to help their family onto the housing ladder, new research has found. However, the study from financial services group Legal & General and Cebr also shows that many people could […]
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More housing is needed for older people in the UK with a Government scheme like Help to Buy also needed to encourage them to move into smaller and more suitable homes, it is claimed. Some 97% of sector professionals believe that the development of later living accommodation will play a key role in alleviating the […]
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Shared ownership home owners will be able to increase their share at lower increments under plans for a new national model for shared ownership will help thousands of lower earners onto the housing ladder. The Government has announced that people will be able to buy their home in 1% chunks rather than being forced to […]
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Property sales have doubled in the past five years in Mallorca with demand currently focused on coastline properties overlooking Palma Bay, according to agent research. Proximity to the International Airport, fast connections to Palma and good sports facilities has put the southern corner of the island on the radar with potential buyers in the last […]
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The highest and the lowest price growth in key cities around the UK are both in Scotland with Edinburgh recording a rise of 5.8% and Aberdeen a fall of 4.8% in the last 12 months. These are interesting figures from the latest Zoopla cities index as the report itself talks about affordability and how Birmingham […]
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All sectors in Scotland are being urged to help bring land back into productive use and prevent future sites from being abandoned, with many able to support new home building. The Vacant and Derelict Land Taskforce, set up last year by the Scottish Land Commission and SEPA, has published a report on the action it […]
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