News
27% of house purchases in 2012 over £250,000
New research out this week indicates that properties purchased which were valued at above £250,000, made up 27% of total transactions in 2012. Read more »
Censeo welcomes new Help to Buy proposals outlined in today’s Budget
Censeo Financial welcomes Help to Buy as an extension of Government policy in helping purchasers to buy new homes. Read more »
First time buyers paying an average of £175,000 to get on the property ladder
According to the Office for National Statistics, first time buyers are paying an average of £175,000 to get on the property ladder, an increase of 2% on the year before. Read more »
London’s largest housing associations investing £40m in London
A new report reveals that London’s largest housing associations invested £40 million directly in economic and community development programmes in 2011/12. Read more »
Chancellor urged to boost housing in this week’s Budget
The Confederatin of British Industry (CBI) has urged the Chancellor to boost the housing market in this week’s Budget. Read more »
Home Builders Federation – planning approvals and house sales rise
According to the Home Builders Federation, local authorities approved an increasing number of residential planning applications in the last quarter of 2012. Read more »
Rightmove – Second-time buyers are now the ‘squeezed middle’ of the property market
According to Rightmove, almost half of people buying for the second time are finding it difficult to accommodate the needs of their family while they have to spend a long wait on the bottom rung of the UK housing ladder. Read more »
Halifax partners with 50th builder on NewBuy scheme
It was announced this week that Halifax has reached a major milestone with the news that they have signed up their 50th house builder partner as part of their support for the Government’s NewBuy scheme. These 50 house builders represent a total of 69 individual builder brands. Read more »
First time buyer activity hits four year high – Connells
First time buyer numbers have risen to their highest level for four year, according to a new report by estate agency Connells. Read more »
Report highlights first major wave of council building programmes for a generation
A new report out later this week shows that English councils will build up to 25,000 new homes in the next five years. As a result of the end of the housing revenue account subsidy, which allowed local authorities in England to keep rental income rather than pay it into a centralised pot, there is... Read more »