A recent study by PropertyFinder.Com finds that British homebuyers are losing interest in buying holiday houses overseas and become more willing to own a second property in the
UK. While the study shows that 1 in 2 Britons would like to have a holiday house, only 500,000 families actually own one. Most second properties are [...]
A recent survey from Esure Home Insurance shows that out of 92 per cent of homeowners having gardens, a tenth is going to spend over £500 on landscaping this summer season. This trend, however, can have a considerable impact on garden thefts, since burglars are more likely to take along expensive items such as bikes [...]
A recent study from
Halifax Shows that home ownership is now up to 70 per cent, compared with only 38 per cent in 1957. At the same time, the amount of money home buyers spend when signing a contract for a house has also doubled. This translates into a ratio of 6.1 between house price [...]
According to the Nationwide house price index, the average price for a home reached £184,070 in June, a significant rise from £181,584 in the previous month. Although the survey shows house prices went up by 11.1 per cent from June last year, it still stands behind the already predicted slowdown during the following six months.
In [...]
According to a recent study, owners who sell homes themselves, using the internet and “for sale” signs, need an average of two months to close a deal. Comparatively, people who choose to go through an agent are bound to spend more than three months on average to see their house sold. In spite of this, [...]
A Post Office survey showed that approximately eight million home borrowers paid on average £127 more in order to buy home insurance and life insurance offered by their mortgage provider.
About 10 percent of borrowers questioned admitted that they chose to do so because they thought it was compulsory, while 5 percent felt that their chances [...]
According to a recent study by Hometrack, annual house price growth reached 6.7 percent in May, after home price growth stood at 0.6 percent last month. Moreover, in a number of regions, such as north-west and Wales, home prices stagnated at £127,400 and £134,200 respectively. The north saw an increase of 0.1 percent, with an [...]
According to a recent survey by the Council of Mortgage Lenders, more than three thirds of young first-time buyers need their parents’ assistance when taking their first step on the property ladder. Research also points out that a quarter of young new buyers were able to buy their first home thanks to the financial help [...]
The government intends to adjust the current legislative frame related to home improvements. Consequently, changes such as conservatives, extensions or eco-friendly improvements will be carried out more easily. These improvements will no longer require planning permission, unless they interfere greatly with neighbouring homes.
The application process for planning permission will also be simplified, with common [...]
According to a survey by SmartNewHomes, new properties went up by about £1,700 on average over the last month. However, this translated into a slight increase of the annual average price – only 0.3 per cent.
The biggest rises were registered for town houses, which went up by 2.1 per cent, reaching an average price of £239,196. [...]