Is there any justification for keeping Help to Buy? September 7, 2018 Is there any justification for keeping Help to Buy? David Campbell, group sales and marketing director at Telford Homes, says YES. Help to Buy is a wonderful policy that has enabled around 246,000 people to get onto the property ladder – 81 per cent of whom were first-time buyers. Many of these buyers would not have [...]
FTSE 250 housebuilder Redrow boosts profits but calls for Brexit clarity September 4, 2018 Housebuilder Redrow called for clarity over Brexit and the government’s Help to Buy scheme today to improve the health of the UK housing market, as it reported its full-year results. The figures Despite the deflating nature of the UK housing market, the FTSE 250 firm managed to buck the trend, posting a 16 per cent [...]
Take a look at this Monopoly board that’s been re-designed for 2018 London house prices September 3, 2018 A London tech startup has re-designed the classic Monopoly board to reflect property price growth in the capital over the last five years, with some staggering switch-ups for key hotspots. The board was first designed in the 1930s, so it's a given that the London property landscape might have changed a bit since then. Proportunity, [...]
New homes: Our pick of the new builds going on sale in London this weekend August 31, 2018 New developments on the market this week Manhattan Plaza, Poplar From £599,995 Hate furniture shopping? Four fully-dressed two bedroom apartments are going on sale this weekend at this development close to Canary Wharf and Blackwall DLR stations. The flats are being used to sell the last two and three bedroom homes, many of which are [...]
The simple changes that could save the Lifetime Isa August 31, 2018 It’s never been harder for young people to get on the property ladder, and yet they’re not being given the tools or information they need. The Lifetime Isa was supposed to help, but ended up leaving a lot of people confused. While some are calling for it to be scrapped altogether, I think the Lifetime [...]
First-time buyers swoop in during summer lull August 30, 2018 First-time buyers jumping onto the property ladder rose to an eight-month high in July, as hopeful homeowners took advantage of the housing market’s traditional summer slump. Roughly 30 per cent of all house sales were made to first-time buyers in July, rising from 23 per cent in the same month last year, according to new [...]
Stamp duty keeps pensioners sitting tight as housebuilding giant calls for tax exemption August 28, 2018 More than a fifth of pensioners would consider moving house if stamp duty was abolished, according to new research which suggests the property tax is hampering housing market activity. In a YouGov poll out today, 22 per cent of adults over 65 said they would be more likely to move if there was a stamp [...]
Relocation, relocation, relocation: Cheaper houses lure record number of Londoners north August 27, 2018 The rate at which Londoners are quitting the capital’s housing market to relocate up north has more than tripled in the last decade, according to research from estate agent Hamptons International. Around 21 per cent of Londoners who left the capital in the first six months of the year moved to the Midlands and north [...]
Don’t be daft, foreign buyers keep housing supply alive August 24, 2018 New Zealand has been facing a familiar crisis to us here in the UK. Rising house prices, declining home ownership, and an influx of interest from foreign buyers. Less familiar, however, is the New Zealand government’s recent decision to ban foreign buyers from purchasing property in the country. It’s a decision that has come amid growing [...]
New homes: All the new developments going on sale this weekend, including Help to Buy and Shared Ownership August 24, 2018 New developments on the market this week The Quarry, Bexley From £167,500 for a 50 per cent share of a £335,000 home Part-buy, part-rent 27 new homes in Erith on the border of London and Kent. Around 600 Shared Ownership and Help to Buy homes have been built on the site of a disused quarry [...]