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First-time buyers are typically saving for a deposit in 3.6 years after putting aside £843 per month, research from Post Office Money has found. It’s taking first-time buyers less to save money for a deposit than last year, when they took 3.8 years to save a sufficient amount. Ross Hunter, product director, retail banking, at […]
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The proportion of homes in Great Britain let by overseas landlords rose to 11% between January and October, monthly lettings index has found. Aneisha Beveridge, head of research at Hamptons International, said: “The proportion of homes let by overseas based landlords rose for the first time in more than nine years.” “The East and London […]
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There has been a rise in the number of homes across Britain being let by international landlords, new research has found. The proportion of homes let by overseas-based landlords rose to 11% during the first ten months of 2019, up from 7% during the same period last year. Hamptons International Monthly Lettings Index showed that […]
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Three quarters (75%) of renters in the UK would considering buying a property, but not if it significantly lengthened their commute, a new study has found. A survey of 2,000 private renters by Landbay revealed that on average, commuters will only consider switching from the private rented sector to homeownership if their journey time would […]
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Average house prices in the UK were 0.9% higher in October 2019 than a year earlier, according to the latest House Price Index from Halifax. The average price of UK house currently stands at £232,249. There was a slight dip of 0.1% in prices between September and October, but prices rose 0.2% quarter-on-quarter. Seasonally adjusted […]
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ONS data revealed that from April 2017 to March 2018, 60,000 affordable homes were built, bought or rehabilitated. Some 47,100 were in England, 8,600 in Scotland, 2,300 in Wales and 2,300 in Northern Ireland. Marc von Grundherr, director of Benham and Reeves, said: “If you’re looking for the smoking gun behind the UK’s housing crisis, […]
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The lender aims to transform the UK mortgage market and has partnered with a number of high profile financial institutions who will supply the debt capital. The business aims to work exclusively through mortgage brokers to offer a range of competitive products. M:QUBE use data and technology to digitise and automate the entire mortgage application […]
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Newly commissioned research reveals that over one third (40 percent) of Brits find moving house more stressful than other life events, such as getting divorced (34 percent), having a baby (31 percent), starting a new job (27 percent) and organising a wedding (25 percent). Brits reported the stress and strain of moving has left many […]
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The Equity Release Council, the representative trade body for the UK equity release sector, has today launched its updated industry standards. The organisation said the changes represent the largest evolution in standards since they were established in 2012. The Council’s standards set a best practice benchmark by providing a higher level of consumer protection than […]
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First-time buyers could save more than £5,000 on the items they buy when moving into a new home depending on the month in which they make the purchases, new research has suggested. The First-Time Buyer Shopping Price Index from idealo tracked the cost of 37 home items to see how the total price varies for […]
The post First-time buyers could save £5,000 depending when they buy household items appeared first on PropertyWire.
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