130% growth in shared ownership over 6 years
Since 2011, the popularity of shared ownership properties has grown by over 130% according to recent research.
Islamic home finance demand at all time high
In 2016, the number of applications for Home Purchase Plans (HPPs) and Buy To Let Purchase Plans (BTLPP) from Al Rayan Bank reached a record high.
First-time buyer demand for family support builds
According to recent research, just under half of estate agents (47%) have observed a growth in the number of first-time buyers receiving financial support from family members.
Housing White Paper: Professional Opinion
Described as helping the “homeowners of tomorrow”, the recently released Housing White Paper outlines the government’s long-term plan to deal with the UK’s housing crisis.
Rent contract reaches £1.3bn
A man who purchased a flat has discovered that his ground rent would cost £1.3bn over the course of the whole lease.
White Paper response to downsizing struggle
A lack of suitable smaller homes is stopping potential downsizers from making the move.
Housing White Paper predictions
In the lead up to the housing White Paper being released, ministers have stated that England’s housing market is “broken”.
Housing White Paper to “help homeowners of tomorrow”
First mentioned in the Chancellor of the Exchequer, Philip Hammond’s Autumn Statement 2016, a housing White Paper was set to be published, detailing a long-term plan for UK housing supply.
Gazumping more likely in London
When it comes to finalising a house purchase, being beaten at the last minute by a fellow prospective buyer has been highlighted as a nationwide issue.
Remortgages reach 8 year high
According to recent research, mortgage approvals during December 2016 reached an 8-year peak of 47,721, the highest monthly figure since October 2008.
Conveyancers claim 2017 property sector to be shaped by Brexit
83% of conveyancers place Brexit as one of the top three factors to have a significant influence on the UK property market in 2017, with almost half (48%) putting it first, according to new research released from Groundsure. Changes to Stamp Duty Land Tax ranked second on the list, followed by a shortage of housing stock. Other significant […]
Stamp duty market impact: expert opinion
According to the head of one of the world’s biggest property groups, stamp duty is making the UK’s housing crisis worse
House price growth at 14 month low
According to the latest research, the annual rate of house price growth has fallen to the lowest level since November 2015.
New-build leasehold property trap
Onerous and complex leasehold terms could have a major impact on a generation of home buyers.
Southern Rail house price growth experiences delays
Along three main Southern rail routes, only four locations saw price increases over 1.3% according to recent research,
New town popularity builds in last decade
Outperforming the national average of 26%, the UK’s new towns have seen a general price growth of 32% over the past decade.
December sales activity bucks seasonal trends
During the final month of 2016, sales for both first time and home buyers went against the usual seasonal trends according to NAEA research.
HMRC December property transaction data
Revealing the monthly estimated figures for both residential and non-residential property transactions, HMRC property statistics for December 2016 have recently been released.
2017 Property Predictions: Prime London Price Falls, Zone 3 + Price Rises & Valuation Rush Expected
Mark Lawrinson, Regional Sales Director of Portico London estate agents reveals key predictions and potential property hotspots that buyers, sellers and investors should be aware of this year.
Search Acumen comments on HMRC Number of Property Transactions, December 2016
Andy Sommerville, Director at Search Acumen, comments: “Despite activity being 8.5% lower than 2015, data for December has revealed a steady end to the year with a 0.2% month-on-month increase in residential property transactions. After a turbulent year in the property market we can certainly be grateful for the state it enters 2017, in comparison […]
