House prices in London are continuing to slump, with average asking prices down just over £11,000 year on year. Smaller homes with one or two bedrooms have seen the largest price drops since July 2017, good news for first time buyers; Starter-home prices have fallen 3.5 per cent (or almost £18,000) to an average £486,000, according to new research from Rightmove. Meanwhile […]
Many people in the UK have decided that the would rather have the flexibility of renting a home than being tied to owning a property Approximately, of the estimated 17 million renters in the UK, 70% or 12 million adults, have no plans to purchase a property, according to the study from landlord insurer Direct Line for Business. This suggests […]
THE SALE OF NEWLY BUILT HOMES AND FREEHOLD PROPERTIES INCREASED IN ENGLAND AND WALES IN THE MONTH OF APRIL 2018, OFFICIAL FIGURES FROM THE LAND REGISTRY SHOW. 78,408 Sales were recorded in April 2018. Out of these, 11,758 were new builds, a 28.2% increase on April 2017. Of these, 57,657 were freehold. This is a 5.2% increase over the period. […]
