Property news

Britain's most desirable military towns where homes command premiums as high as 51%

The latest research from eXp UK has revealed that homes located close to some of Britain's most prominent military towns command a price premium of up to 51% when compared to property values across their wider local authority areas.

eXp UK analysed property values across 12 postcode districts home to major Army, Navy and RAF locations, comparing the average sold price in each area to that of...

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Resi estate agents worst paid of all property professionals

Residential estate agents are the worst paid of all property professionals

Analysis by Nested , the modern estate agent, reveals that residential estate agents are the lowest-paid professionals in the real estate industry with base salaries almost £30,000 below the wider industry average.

For many estate agents, the security of a consistent income is an important part of their...

Seven tips to help you afford a mortgage

By Sarah Thompson, Managing Director, Mortgage Scout

In September 2021, according to Moneyfacts, the average two-year fixed mortgage rate was 2.38%, and the average two-year variable tracker rate was 2.25%.

By February 2023, after numerous bank base rate increases since December 2021, taking it from 0.1% to 3.5%, the average two-year fixed rate was 5.58% in January, and the...

85% of homeowners would house swap to their childhood home

The latest research by lettings and estate agent, Benham and Reeves, has revealed that while the majority of UK homeowners believe they’ve found their dream home, 85% of them would house swap in a heartbeat if it meant returning to their childhood home.

The survey of UK homeowners commissioned by Benham and Reeves found that 57% believe they’ve climbed the ladder to reach what they...

Homeowners In West And South Yorkshire Can Sell Their Home Quicker With A New Scheme

21th February 2023: Homeowners in West and South Yorkshire can sell their home quicker thanks to a new buying scheme from Barratt Developments.

Moving house is considered one of the most stressful life events that a person can go through (57%), but Part Exchange aims to reduce stress by removing the sales chain. Prospective buyers can use the Part Exchange Guarantee Scheme to sell...

First-time buyer numbers slide -10.6% in a year

Pandemic property party over for first-time buyers as numbers slide -10.6% in a year

Research by the Gradual Homeownership provider, Wayhome , has revealed that while the pandemic market boom saw a record increase in the number of first-time buyers (FTB) purchasing a home, the party could be over as this figure has fallen sharply over the last year.

Wayhome analysed FTB transaction...

Pancake property values up 57% annually

To celebrate the one day a year that Brits rush to eat pancakes, the latest research by estate agent comparison site, GetAgent.co.uk , has revealed which Shrove Tuesday related road names have performed best when it comes to house prices in the last year.

GetAgent analysed sold price records from the Land Registry for property sales on pancake themed roads to see which commands the...

Prospective homeowners could save up to £32,000 off their new home this February

HOUSEBUILDER SPREADS THE LOVE THIS FEBRUARY BY OFFERING UP TO £46,000 OFF NEW-BUILD HOMES IN SOUTH WALES

It’s good news for prospective homeowners searching for their dream home. For a limited time only, national and award-winning housebuilder, St. Modwen Homes , is giving potential purchasers the chance to save up to £46,000* on a brand-new home – which is sure to be welcomed by...

UK landlords enjoy rising yields

Market analysis by debt advisory specialists, Sirius Property Finance , reveals that UK rental yields have increased by as much as 2.5% in the past year as rent values outperform house prices.

Despite the government’s best efforts, specifically the abandoned plan to increase capital gains tax for landlords, the UK rental market has continued to strengthen over the past year....

UK bank lending rate sees second highest annual hike of all G8 nations

The latest market analysis by specialist property lending experts, Octane Capital , reveals that, despite recording the second-largest annual increase, the UK’s bank or prime lending rate is only the fourth-highest among all G8 nations.

Octane Capital has analysed current bank lending rates across G8 nations to see how they’ve changed in the past 12 months, and where the UK ranks in...

Tips to help your kids settle into a new home faster

16th February 2023: Searches for advice on ‘moving with children’ have increased 64% in the past month, research from 5 star Homebuilders Barratt Homes and David Wilson Homes Yorkshire West has revealed. With average monthly searches reaching 3.5k, it’s clear that families across the UK are keen to learn more about how they can help their children successfully settle into a new home....

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