A total of £1.85 billion in housing wealth was unlocked in the first six months of 2019, in line with the same period last year but a two speed equity release market has emerged, the latest figures show. In the second quarter of 2019 as sales of new drawdown mortgages grew while take-up of new […]
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The dream of home ownership for middle income Britain, individual buyers and those unable to draw on family wealth will be over in the next decade without urgent action, according to a major lender. The Government, housing industry and mortgage industry need to act or owning a home will become possible only for wealthy young […]
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Activity in the central London property market picked up in the second three months of 2019 following two slower moving quarters, according to the latest market update report to be published. Overall asking prices fell by 3% but sold prices increased by 2% compared with the second quarter of 2018, the data from the Winkworth […]
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Annual property price growth in the UK remained below 1% for an eighth month in a row in July, up just 0.3% to £217,663, according to the data from the latest lender index. Month on month prices also grew by just 0.3% and home mover activity is subdued, the index report from the Nationwide also […]
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Construction industry bosses are reorganising their workforce in preparation for a potential downturn, with higher levels of sub-contracting and lower levels of direct employment, according to new research. The State of Trade Survey, the only quarterly assessment of the UK wide SME construction sector, from the Federation of Master Builders (FMB), shows that there was […]
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The majority of landlords in the UK’s private rented sector with experience of using the courts to repossess properties are dissatisfied with the way they work, new research has found. Some 79% are unhappy with the process and 91% support the creation of a dedicated housing court, according to one of the largest ever surveys […]
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House prices in 20 key UK cities increased by 1.7% in the 12 months to June 2019 and while some are seeing strong growth, in seven cities the annual rise is less than 1%, the latest index shows. There is also a growing polarisation in market conditions across southern England and the rest of the […]
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Builders and developers in the UK registered the highest number of new homes for 12 years during the second quarter of 2019, new figures show. Some 43,000 new homes were registered over the three month period, according to the latest figures from NHBC, the warranty and insurance provider for new homes in the UK whose […]
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Rhetoric; the art of effective or persuasive speaking or writing, especially the exploitation of figures of speech and other compositional techniques. We now have a Prime Minister who is a master of this dark art. Before he entered No 10 Boris Johnson was welcomed for his remarks that stamp duty needed reform. Indeed, there was […]
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The intergenerational mortgage market has grown significantly in recent years and now offers some of the most competitive interest rates, according to new research. There are 28 intergenerational mortgage products available on the market today, a rise is 40% in two years, according to the research from financial information business Defaqto. Some 13 providers now […]
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