Queens speech makes 30% first-time buyer discount pledge

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The Queen’s speech, which is written by the government, has pledged to provide homes at a discount for local first-time buyers. Before the election the Conservatives pledged to discount homes by a third for local people who cannot otherwise afford to buy in their area. The party added that this could be used to prioritise […]

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Thurrock records highest UK house price rise this decade

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Thurrock in Essex has seen the largest increase in house prices this decade outside London, analysis of Land Registry data by modular housing developer Project Etopia shows. Prices have increased by 78.2% in the past decade from £156,741 to £276,164, compared to an average rise of 38.8% across the UK, excluding London. Joseph Daniels, chief […]

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Five ways to add value to your period property

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Ben Fielding is a writer working on behalf of Prestige Floors If you’re a homeowner, you are no doubt aware of how volatile the housing market can be. House prices can fluctuate, and if you’re looking to sell it can make your life much more challenging. More and more homeowners are renovating their properties as […]

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US house price growth nears six-year low

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US house price growth reached a near six-year low of 3.8% in November 2019, Zillow’s Real Estate Market Report has found. This is the lowest rate of growth since January 2013, and puts the average house price at $243,225. Breaking it down by area, Phoenix, AZ, saw the highest house price growth of 6.1%, followed […]

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London commercial property investment rebounds in Q4

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Investment in London’s commercial property market recovered during the final quarter of 2019. Research from property agent Knight Frank shows that investment increased by 15% on the previous quarter to £2.76bn. Nick Braybrook, head of London Capital Markets, said: “Investors have been circling the market in increasing numbers over the last few months, with international […]

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Why Scotland is set for record inward commercial real estate investment

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David Stewart is partner in the commercial real estate division at independent Scottish law firm Morton Fraser In Scotland, it has been reported in The Scotsman that its commercial property market is set for a record year of inward investment, with international funds making up almost half of all purchase value in the first six months […]

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Housebuilder prepares for busy after Christmas period

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Barratt Homes staff in South Wales are preparing for a busy time of year after Christmas – with househunters using the holiday to search for a new home in the New Year. The housebuilder said the fortnight after Christmas is its most action-packed time of the year, as it saw a spike in website visits […]

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Size does matter

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The size of the property is the most significant factor for homebuyers, with 90% saying it was ‘important’ or ‘very important’, research from Market Financial Solutions has revealed. Other important factors are outdoor space (89%), the property’s finish (88%), its distance to the nearest town (87%) and the availability of a garage or off-street parking […]

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Fewer rent rises in November

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The number of agents seeing a rent increase fell to 32% in November, ARLA Propertymark’s November Private Rented Sector Report has found. This is the lowest figure since March, and represents a fall from 50% in October. Demand from prospective tenants fell in for the third successive month. There were 67 registered prospective tenants per […]

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