The Social Mobility Commission has revealed research which suggests government housing schemes are more likely to help wealthier first-time buyers. The research, carried out by the London School of Economics (LSE), discovered that schemes like Help to Buy were supporting those earning [...]
Homeowners who turn a blind eye to extra fees when remortgaging are making a "costly mistake", according to a financial information service. Moneyfacts says that many borrowers and lenders are more interested in mortgage interest rates rather than the additional fees involved, [...]
The government's Help to Buy ISA has been used by more than 960,000 people trying to save up for their own home, according to figures from the Department for Communities and Local Government. From the December 2015 launch date until the end [...]
The government has outlined plans to ban lettings agent fees in England, as part of the Queen's Speech. While the Conservative party first announced the commitment back in its 2016 Autumn Statement, the Draft Tenants' Fees Bill has only just been revealed. [...]
Official statistics have shown that the number of government-funded houses available for social rent each year has fallen by 97 per cent since the Conservatives came into government. In 2010-11, the year in which the Conservatives took office in coalition with the [...]
Research has revealed 51 per cent of first-time buyers who bought their home in the last five years regret not negotiating over the price before buying. Out of the first-time buyers surveyed by Barclays Mortgages, 52 per cent said they had never [...]
Almost 13 per cent of London's newly-built homes were bought by foreign buyers between 2014 and 2016, with many looking to use them as buy-to-let investments, according to research for the city's mayor Sadiq Khan. During those two years, 3,600 of the [...]
Official figures show that the average cost of a UK home in April was £220,100, a rise of £3,500 compared to the previous month. The Office for National Statistics (ONS) said that this represented a £12,000 rise when compared to the same [...]
Nearly a quarter of UK households will be renting privately by the end of 2021, according to a new report, with stagnant wages and mounting house prices to blame. Estate agency Knight Frank commissioned a YouGov survey of more than 10,000 tenants, [...]
Property surveyors suggest that the slowdown in the housing market has been partly caused by uncertainty over the general election. Members of the Royal Institution of Chartered Surveyors (Rics) have said that the election has contributed to the poor performance of the [...]
