Property Market
The townhouse moves north
Traditionally found in London and the south east, where space is at a premium, the townhouse is now becoming more common across the UK, with the north and the north west leading the trend, says SmartNewHomes.com.
New home prices fall
The average price of a new home has taken a fall over the last year, down 1.3%, reflecting the increasing volume of more affordable new homes in the north of the UK, according to smartnewhomes.com.
British homeowners want new builds to be ‘eco-friendly’
Following the Government’s commitment to make all new homes have zero carbon emissions by 2016, MORE TH>N insurance reveals research showing that the majority (70 per cent) of homeowners agree that all new builds should be eco-friendly, with just under a fifth (17 per cent) prepared to pay out more for them.
Brits want stamp duty reform
The British public are not surprisingly united when it comes to stamp duty reform … but very much divided when it comes to any changes in this year’s budget which are specifically designed to help first time buyers step onto the property ladder, according to research by GE Money Home Lending.
Miller makes customers happy
Over 86% of Miller Homes’ customers would recommend the UK’s largest privately owned housebuilder to their best friend.
Beautiful Isle of Bute farmhouse and converted steading on the market
CKD Galbraith has announced they have been instructed to handle the sale of a striking traditional farmhouse and converted steading on the Isle of Bute.
Ageing population and people living alone drives household growth
New Government statistics reveal a rise in the number of single households as the single biggest factor accounting for around 70 per cent of household growth until 2026.
Younger investors get into buy-to-let
Nearly 26% of new investors who own just one buy-to-let property are aged between 26 and 35, according to the latest research from Mortgage Trust.
Third of detached homes above IHT threshold
Halifax calculates that nearly one third of detached property owners in the UK could be liable to pay inheritance tax. 29% of detached house prices now occur above the 2007/08 inheritance tax (IHT) threshold of £300,000. Five years ago only 16% of detached properties were sold above the then IHT threshold of £242,000.
It's good to talk and it could just keep you out of court
Buy-to-let may seem like a sound way to make money and there’s certainly a lot of us getting involved with £38.4 billion buy-to-let loans handed out during 2006.
Persimmon Homes is buoyant in East Midlands
Persimmon Homes East Midlands is preparing to bolster its new homes offering across the region with the launch of seven prime residential developments during 2007.
Urgent need for increased housing supply
Responding to official Government figures which show that the rate of new household formation in England is projected to be 223,000 per year up to 2026, Executive Chairman of the Home Builders Federation (HBF), Stewart Baseley, says:
Homeowners throw away millions when moving house
According to The Hoults Group, the nationwide removal and storage company; each household, on average, disposes of ten bin bags worth of household items at the time of moving house.
Government ignores stakeholders’ warnings over home buying reform
Major stakeholders in the residential property sector are fed up with the Government ignoring their concerns over the implementation of Home Information Packs (HIPs).
Americans on track will boost Birmingham Property
The announcement earlier this week that the American Athletics Olympic team will be staying in Birmingham to conduct final training in Perry Barr before the games start in 2012, has sparked renewed interest in the UK’s second city.