The average house price in the UK is now £207,308, according to The Nationwide, as prices fell 0.3 per cent in March compared to February. It was the largest monthly fall in almost five years, and came as a surprise to economists, [...]
The Lifetime ISA is set to launch on 6 April 2017, and is intended to help younger people save up to buy a home or increase their pension. Here we explain the things you’ll need to know about the government’s new scheme. [...]
More first-time buyers than ever before are relying on financial help from parents, new research from the Social Mobility Commission (SMC) suggests. According to the advisory public body, the 'Bank of Mum and Dad' is used by 34 per cent of first-time [...]
A quarter of young Britons believe they will never own their own home, with a further 25 per cent saying they think an inheritance windfall is the only way they can get on the property ladder. Surveying 1,500 Britons ages 18 to [...]
The number of new mortgage approvals dropped once more during February, according to fresh data from the British Bankers' Association (BBA). There were 42,613 approved by British banks in the month, which represents a fall of 3.46 percent when compared to the [...]
Bellway has warned the Government that they must find a way to "sensibly exit" the Help to Buy scheme, in order to help housebuilders. Bellway's chief executive, Ted Ayres, confirmed that he had met with communities secretary Sajid Javid to discuss the [...]
Working people can typically expect the cost of a house to be 7.6 times their yearly income, according to the Office for National Statistics (ONS). Ten years ago, the typical buyer needed to pay 7.2 times their annual income on a house. [...]
Almost a quarter of first-time buyers take up to a decade to save up the deposit required to purchase their first home, according to research from Which? Mortgage Advisers. Surveying more than 1,000 first-time buyers who had joined the property ladder in [...]
Rents in the UK saw their first annual fall since 2011 according to figures from Countrywide, attributed to a surge in the supply of properties available. Britain's largest estate and lettings agency found that the average monthly rent in the UK was [...]
Remortgaging activity rose to an eight-year high in January according to LMS, the conveyancing service provider, as homeowners remortgaged every four years in January. This average term length is four months more frequently than it was in January last year, and substantially [...]
