High house prices breed a new generation of renters

Almost a million more people in England rent their home than they did five years ago, and new research shows that many of them are stuck in a cycle of short-term lets that leaves them unable to put down roots or plan for the future.

The National Housing Federation has found that private renters are now nine times more likely to have moved in the past year than homeowners, and reveals that more than one in four (28%) private renters feel that they can’t put down roots because they might have to move again soon – rising to almost one third (32%) among renters with children in the household. Continue reading

Property sales across Scotland continue to boom

Latest figures released by ESPC, the leading property marketing company in East Central Scotland, show that activity in the property market in Edinburgh, the Lothians and Fife has continued to strengthen as 2014 draws to a close.

Between September and November the number of sales recorded by ESPC rose by 19% on an annual basis bringing sales to their highest level for the period since 2007. Continue reading