Property Market
Sale or return with McDermott Homes
McDermott Homes is launching a groundbreaking new initiative aimed at restoring confidence in the housing market. The leading North West property developer is offering buyers the chance to ‘try before you buy’ with selected properties available to rent, with a view to purchase later in the year.
Landlords urged to make the most of tax breaks
Buy-to-let mortgage specialist Paragon Mortgages is urging landlords to ensure that they are taking advantage of their taxable allowances.
Housebuyers choose renovations over ready-made homes
More than half of UK homeowners would be prepared to buy an older house in need of repair in their pursuit of the perfect property.
Home-improvers looking for DIY dividends
Brits continue to look to home improvements for added value, as house prices flatten, a quarter of homeowners (28%) planning to undertake home improvements in the next twelve months will do so specifically to add value to their houses, according to the Halifax.
Have garages gone out of fashion?
Despite the fact that over 70% of households in the UK own at least one car*, the majority of homebuyers would happily forfeit the widespread use of a garage, reports Galliford Try Homes. Their survey of over five hundred consumers reveals that homeowners are increasingly adapting their garage space to cater for their expanding lifestyle requirements.
David Wilson Homes receives a dose of vitamin G
In the past, fitness crazes and faddy diets have covered everything imaginable from diets of cabbage soup to hula hoops, each boasting a shorter life span than the one before, and each with one ultimate goal in mind, to promote health and wellbeing. However, there is now evidence to support that a simple dose of ‘Vitamin G' is all you need to keep healthy and happy.
Cornwall best performing seaside town
Rock in Cornwall was the best performing seaside town in England and Wales last year with the average house price rising by 28% from £282,097 in 2006 to £361,838 in 2007, according to Halifax Estate Agents.
Survey warns of new housing crisis
Figures in the latest RICS Lettings Survey warn of a new crisis of soaring rents, says the British Property Federation, trade body for developers, investors and advisers.
Property market stable but confidence still shaky
Members of the National Association of Estate Agents (NAEA) reported that the picture is still very regional but elements of the market are stabilising. Members reported stability in the sales agreed, the number of viewings before a sale is secured and the average difference between asking and sales price.
Boris slashes affordable housing targets for developers
Plans by the new mayor of London to slash affordable housing requirements across the Capital have been welcomed by the British Property Federation and Home Builders Federation.
Housebuilder entices buyers back to the market
Galliford Try Homes is fighting back against suggestions that the mortgage market has closed as a result of recent financial turbulence, by launching a range of new initiatives to encourage tentative buyers to purchase a new home.
Island for sale!
The 40 year lease on Herm Island in the Channel Islands is for sale. Knight Frank and Martel Maides have been appointed by the leaseholders of Herm Island to handle the sale at a guide price of £15 million.
Expert advice for homebuyers
House-hunters looking for financial advice relating to the current property market can benefit from individual support, with a dedicated expert hotline for all prospective homebuyers.
Renting is not second-best
The National Landlords Association (NLA), the UK's leading representative body for landlords, has urged the private-rented sector to work harder to dispel the myth of rented housing as second-best.
Buy new for an economical life
With energy costs going through the roof and little let-up on mortgage rates, house-hunters should be looking at every possible way to cut bills. According to Kevin Murthwaite, Sales and Marketing Director at McDermott Homes – a leading North West property developer, buying new could be the answer.