Property Market
Deposit paid for first time buyers in North West
With house prices in the North West at an average of £159,522*, finding the deposit to buy a new home can feel like mission impossible for some first time buyers. Gladedale is making buying in the area easier by offering to pay the 5% deposit required at a number of its developments in the North West.
AA Legal Services: Tories pledge to scrap HIPs
James Molloy, Head of AA Legal Services Comments: “AA Legal Services has been in full support of the Home Information Packs as a way of giving power back to homebuyers.
The cost of feeling safe: £8,500 per home
Homeowners are willing to invest around £8,500 on home security, according to new research by Alliance & Leicester Personal Loans.
New luxury homes in historic town
It can be a difficult task for even the most avid house hunter to find the perfect home with an ideal location. However Redrow’s new development in Prestonpans offers all of the above and more.
'Jobs for the girls’ at Countryside Properties
National Construction Week (8th – 12th October) is a UK wide awareness week, which aims to highlight the career opportunities available to women in the construction industry. Despite the diversity of careers within the industry, construction is still dominated by men. One of the leading housebuilders in the industry, Countryside Properties, is attempting to redress the balance.
Berkeley First appoints new member
Berkeley First, the division of the Berkeley Group dedicated to providing attainable homes for all, has announced the appointment of Karl Wightwick as its new Head of Sales and Marketing.
RICS: Commercial property data
Commenting on the latest Investment Property Databank (IPD) data, Oliver Gilmartin, RICS senior economist said: "Today's IPD data has confirmed that a repricing of risk has taken its toll on the commercial property values in September.
Property sector to come under scrutiny
Consumers, industry bodies, government and other stakeholders will be able to contribute to an independent review to reform the residential property sector. The recommendations will be placed in the public domain with the hope that government will consider them seriously and implement them over a period of time.
Free HIPS when you move with George Wimpey
George Wimpey East Midlands has added free Home Information Packs to its Easymover scheme – a valuable package of incentives for customers, wiping thousands of pounds from the cost of moving home.
House price easing is not a precursor to a crash
Latest figures indicating that house prices are beginning to ease should not be interpreted as an early indication of a housing market price crash, says Peter Williams, Executive Director of the Intermediary Mortgage Lenders Association (IMLA).
Demand weakens but supply remains constrained
UK house price confidence weakened further with demand slowing but supply remaining very constrained, says the latest RICS’ UK housing market survey.
A missed opportunity to help first time buyers
The government's announcement to increase the threshold on inheritance tax liability to £600,000 for couples could have been designed to give thousands of people an opportunity to get a foot on the housing ladder, says the professional body for people working in housing.
Redrow trio scoop coveted awards
Three Redrow employees have scooped a trio of honours at the company’s annual awards ceremony. Construction secretary Karen Blunden was awarded the top accolade of Redrow Homes (Southern) employee of the year, while her colleagues Nicola Summersell and Steve Isherwood won Sales Consultant of the Year and Site Manager of the Year respectively.
Appetite for second homes in the UK
According to a recent study by Nationwide Building Society, 10% of those questioned own a second property in the UK and a further 14% would consider buying a second property here.
Paragon urges landlords to sign up to TDP
Paragon Mortgages, the specialist buy-to-let mortgage lender, has urged landlords to ensure that they are signed up to a Government-approved tenancy deposit protection (TDP) scheme.