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Stoke-on-Trent in the West Midlands is the most affordable place to buy in the UK based on the average salary in the area, comparethemarket research has found. If you compare the average house price to the typical salary in Stone-on-Trent it stands at 498% – so you can buy for less than five times the […]
The post Stone-on-Trent the most affordable place to buy appeared first on PropertyWire.
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Barratt Homes is launching Saxon Corner on Friday 27 December in the town of Emsworth in Hampshire. There is a selection of one, two, three and four bedroom homes, while the development is in walking distance of Havant town centre. Michelle Storer, sales director at Barratt Homes, said: “Already, there is tremendous interest from buyers […]
The post Barratt Homes development Saxon Corner launching in Emsworth appeared first on PropertyWire.
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Leeds in Yorkshire is the city with the most noise complaints in the UK, research from online conveyancing hub CompareMyMove has revealed. There were 27,316 noise complaints in the city over the past three years. Other cities where people make a lot of complaints about noise are Glasgow (20,521), Belfast (20,261), Birmingham (15,643), and Manchester […]
The post Leeds ranked the ‘noisiest’ UK city appeared first on PropertyWire.
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Rebecca Stott of FoundIt London, the independent property finder for first-time buyers, provides a ‘Christmas Wish List’ on what the new government should be addressing in order to regulate and reform the UK’s housing sector to help the young buy their first home. First-time buyer tax break up to £500,000 Since 2017, the lucky first-time […]
The post General election Christmas wishlist appeared first on PropertyWire.
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Southampton as well as Basingstoke & Deane are both expected to see a 37% increase in second homeowners in 2020 and 2021, Swinton Insurance has predicted. Other strong areas are expected to be Brentwood (35%), Newcastle-under-Lyme (27%) and Warwick (25%). Between 2010 and 2018 Croydon in London has seen the biggest increase (6,529%) in second […]
The post Southampton and Basingstoke to see rapid second home growth in next two years appeared first on PropertyWire.
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Organisations from across the property and construction sectors are campaigning for the next UK government to cut VAT on maintenance and improvement works to people’s homes. The groups said reducing VAT from 20% to 5% on home improvement works would unleash investment in housing, stimulate the economy and enable the UK’s transition to net zero […]
The post Housing coalition urges for VAT cut to encourage green home improvements appeared first on PropertyWire.
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Bridging lender West One Loans said troubled peer-to-peer lenders have caused ripples throughout the specialist lending sector. Lendy and FundingSecure are high-profile examples of lenders going into administration. West One said they should act as a warning to specialist lenders who take too much risk when chasing market share. Danny Waters, chief executive of Enra […]
The post West One: Peer-to-peer troubles have rippled through the sector appeared first on PropertyWire.
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Flatfair, a company allowing tenants to move without a deposit, has hired Mal McCallion as director of partnerships from Growtion and Simon Scott as director of corporate clients from Savills. McCallion will be responsible for the firm’s business development and account management functions, while Scott will work on building a better product for letting agents. […]
The post Flatfair hires ex-Savills and Zoopla executives appeared first on PropertyWire.
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Kent Reliance for Intermediaries, part of OneSavings Bank, secured funding in excess of £8m for an investor selling new build flats in central London. The lender was approached by Fitch & Fitch on behalf of a client seeking refinance of nine new build flats in central London with a view to selling off plan to […]
The post Kent Reliance lends £8m of complex case funding appeared first on PropertyWire.
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The Conservative Party manifesto is a combination of more of the same and new ideas, some of which haven’t been fleshed out enough. The headline-grabber has been the creation of ‘long-term fixed rate mortgages’, where buyers (presumably owner-occupiers) will need a 5% deposit and the rate will stay the same over the term. This is […]
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