It’s no secret that property prices across the United Kingdom are rising. Whether you live in a major urban area like London or Manchester, or in the Cornish countryside, over the last year you will have seen property prices rise dramatically in your area, as the market fails to provide enough homes for all those… Read More Property prices rise £27 each day in the UK
Whenever anyone talks about the current crisis affecting the UK property market, they often point to the number of unaffordable homes being bought and sold on the open market. In London especially, property in the city centre has become unaffordable except for the super rich, with many homes costing at least £3m. However, a report… Read More Sales on property over £1m dropped this year
As the UK economy moves into recovery, lots of property experts have been expecting the number of mortgages approved to increase. This expectation is due to rising wages, falling debts, and more people trying to move out of the rental sector. However, the British Bankers’ Association (BBA) has released data which confirms that the number… Read More Number of mortgages approved falls to 4 month low
Could this be the coolest property on the market in the UK? The fire station in Redruth, Cornwall is on the market for £300,000. Fire poles instead of staircases, anyone?
Bank of England interest rates have now been held at a record low of 0.5% for five years, coincidentally the length of time that many homeowners choose to fix their mortgages for. If you opted to accept a fixed rate mortgage in 2009-10, you may be feeling that given the persistent low interest rates, you’ve… Read More Should you choose a fixed rate or variable mortgage?
Building your dream home is something that appeals to most people. You can construct a house exactly the way you want it to suit your family’s needs and it is often a lower cost option than buying a house that has already been built. In the television series, The House That £100k Built, they follow… Read More How innovation is transforming low cost housing
In recent months, property news has been all about the rising prices of the housing market in the United Kingdom. Particularly in major cities like London, Manchester, and Birmingham, house prices have been rising at astonishing levels, similar to those seen in the boom days of the 1990s, before the global financial crash. However, the… Read More UK house prices rise by £3,000 in one month
Recent changes to the planning regulations, which have yet to be fully ratified, could mean that you can now convert light industrial buildings and warehouses into homes without the need for a major planning application. That takes the risk out of a major conversion and means that there could be some spectacular property in the… Read More Warehouse conversions back to the fore
Savills estate agent has named the UK as the fourth most attractive place in the world to buy residential property as an investment, which could have a knock-on effect for the average househunter. The estate agent took a number of factors in to play, including the rising house prices that make UK property an attractive… Read More UK ranks high for international investors
BBC One’s long running property show Escape to the Country used to be about retirees, new families, and aspiring farmers relocating from the hustle and bustle of the city to the peaceful countryside. It was all about leaving the city by choice, in order to seek a better, calmer life in rural Britain. However, as… Read More More and more buyers are escaping to the country