Brighton has been revealed as the place in England with the best odds of finding a soul mate this Valentine’s Day, according to research by property website Zoopla.co.uk.
Zoopla.co.uk examined data from across the country to find the areas with the highest proportion of single adults and the largest number of property enquiries for studios and one-bedroom flats, typically sought after by singletons. Continue reading →
Aberdeen is the most cost-effective town in Britain for buying property compared to renting.
Over a typical seven year period, the average property owner in the Scottish town can expect to be £99,040 better off compared to the equivalent renter, according to research from property website Zoopla.co.uk. Continue reading →
The governments’ equity loan scheme has created 46 new homeowners every day since its launch, new figures show.
Housing Minister Kris Hopkins welcomed the news, as a sign of how the scheme is helping both aspiring homeowners, but also the wider construction industry as more homes are built in response to this growing demand. Continue reading →
Management companies are slowing down leasehold property purchases by taking too much time to deliver necessary information to solicitors, according to the Conveyancing Association (CA).
In a bid to speed up property transactions, members of the CA met with MPs in Westminster last week to suggest changes to the law which will set out a fixed time period for management companies to deliver information and at a set cost. Continue reading →
New CML data released today on the profile of UK lending in November 2013, including first-time buyer, home mover, remortgagor and buy-to-let lending, shows:
- Total number of loans advanced to home-owners for house purchase fell slightly in November, down in volume by 3% compared to October but still the fourth highest monthly level since December 2007. Continue reading →
The booming residential property market in London and the South East is seeing the unwelcome return of pressure practices, says property law firm Boodle Hatfield.
Sellers looking for the highest price combined with buyers trying to secure the perfect property has led to the return of high pressure tactics, such as the mass viewing, sealed best bids and gazumping, where a seller accepts a higher bid after already having accepted another. Continue reading →
Over the last five years, consumers believe that almost a quarter (23%) of all home purchases or sales have fallen through due to delays caused by poor communication between lawyers lenders and estate agents, according to a survey by OnePoll, commissioned by the Conveyancing Association.
The results show that, for over half (52%) of those who have bought or sold a house since 2008, the transaction took longer than expected, with just under half (48%) saying the process involved unforeseen delays. Continue reading →