Your Money

Property

Sterling rally against euro means perfect market for Brits buying property abroad

17 July 2015

Property

Britons buying property in the eurozone are £50,000 better off as sterling hits an eight year high against the euro.   The pound rallied to a high of €1.439 against the euro this morning and recovered strong against the dollar, hitting $1.563 after dropping sharply at the start of the month.   The rally against […]

Read More...

Level of homeownership falls for the first time in a century

19 June 2015

Property

The levels of home ownership have fallen for the first time in a century, figures from the Office of National Statistics shows.   The latest number from the ONS reveal that between 2001 and 2011 the number of households that were owner occupied dropped from 69% to 64%, or 15 million households.   In that […]

Read More...

Graduates like to buy beside the seaside! Brighton and Hove top spot for young house buyers

19 June 2015

News Property

Young professionals are looking outside of London to the coast as the seaside towns of Brighton and Hove become the most attractive area for aspiring urbanites.   Research by Lloyds Bank shows the East Sussex coastline hold the biggest draw for aspiring young professionals thanks to its social life, independent shops and commutable distance to […]

Read More...

Rising prices see homebuyers pay more stamp duty than in 2008 property boom

12 June 2015

Property

Homebuyers paid £1.5 billion more stamp duty in the year to March 2015 than at the height of the property boom in 2008.   Research by Lloyds Bank shows stamp duty raised in England and Wales increased £1.5 billion to £7.7 billion in the year to March 2015 compared to the £6.2 million raised in […]

Read More...

Property shortage means families hang on to homes for up to 28 years

22 May 2015

Property

Illiquidity in the housing market has been highlighted by research of Hometrack that shows the period between home moves in some cities is as long as 28 years.   Research by Hometrack shows there has been a 30% drop in moves by homeowners with mortgages over the past 10 years. This illiquidity is driving up […]

Read More...

50% more young people to be priced out of housing market by 2020

22 May 2015

Property

The number of young people able to buy a home could halve in the next five years, Shelter has warned.   A report by the housing charity said that unless the government addresses the housing shortage, homeownership among the 25-to-34 age group will drop by 50%.   Over the past decade homeownership in this demographic […]

Read More...

Dear future British Government, “We’ll build £30bn worth of new homes to rent, if you give us the right environment”

1 May 2015

Property

Developers, pension funds and housing associations have launched a campaign for the next government to create the right environment to encourage home building for long term renters with £30bn of new private finance on offer. The group says this is enough to build more than 150,000 homes potentially housing around 350,000 people. In an open […]

Read More...

What impact will the next Government have on property investment?

24 April 2015

Property

The Select Property Group considers the general election and its potential impact on property investment below. As the UK holds its breath and awaits the outcome of May’s General Election, both domestic and overseas property investors will also be closely watching proceedings and the impact any new government will have on their property investment. Housing […]

Read More...

Right to Buy extension will cost taxpayers, warns think-tank

24 April 2015

Property

The Institute of Fiscal Studies (IFS) has warned the Conservative plan to extend Right to Buy would reduce social housing and be costly for taxpayers.   The Conservatives have plans to extended the Right to Buy scheme to 1.3 million housing association tenants if they are re-elected, allowing them to buy their social housing homes […]

Read More...

Homeowners believe next 12 months is best time to sell

24 April 2015

Property

A cooling off in house prices over recent months has not dampened confidence in the property market.   The number of homeowners who think the next year will provide a good opportunity to sell has reached its highest level for four years, according to the Halifax housing confidence tracker.   According to Halifax, 59% believe […]

Read More...
1 2 3 4 5 9