estate agents

Starter home

First-time buyers are skipping the starter home

The traditional journey onto the property ladder is changing. Brits are buying their first homes later and increasingly after starting families, meaning many reach the market with different financial commitments and housing needs from previous generations.

Figures reported by the Financial Times show that the average UK first-time buyer is now approaching 34, compared with 29 in 2000...

State Schools

Back to school: Property price premium to live near top state secondaries revealed

The latest research by Yopa has revealed that homebuyers face paying an average premium of more than £40,000 to live within reach of one of the nation's top state secondary schools, with the premium climbing as high as £275,000 in the most expensive location.

Yopa analysed current house prices across the postcode districts home to the nation's top 50 state secondary schools,...

Short lease flats

Short lease flats leave homeowners facing a £48,250 hit when they come to sell

The latest research from House Buyer Bureau has found that homeowners selling a flat with a short lease face an average asking price that is -22.1% lower than the wider flat market across England, reducing the value of a typical sale by £48,250. In Yorkshire and the Humber, the discount rises to 35.2%, underlining how a diminishing lease can become a costly obstacle when it comes time to sell...

Fleeceholders

Fleecehold' fears shouldn't derail new-build sales, says Lyons Bowe

Homebuyers purchasing new-build properties are being urged to understand estate management arrangements before exchanging contracts, as privately managed communal areas become increasingly common across new developments in England.

However, Lyons Bowe Solicitors says that the presence of an estate management charge should not be viewed as a reason for buyers to reconsider purchasing...

Mark Zuckenburg

Buy like Zuckerberg: Three of the UK's best castles currently on the market

Following the news that Meta founder Mark Zuckerberg has added a 19th-century Gothic castle in Ireland to his property portfolio, LandSale, the property portal dedicated to land and rural property, has highlighted three of the best and most expensive castles currently listed on its platform.

Zuckerberg has purchased Strancally Castle in County Waterford, a Gothic-style castle built...

Castles

Castles, cottages, vineyards and barn conversions

The latest data from LandSale has revealed what buyers can expect to pay, and how much they can get for their money if they want to escape to the country, with castles, vineyards, barn conversions, and cottages currently offering very different routes to rural living.

The analysis draws on LandSale's internal listing data and examines listings across Great Britain and its regions,...

New build homes

Developers hold their nerve as one in eight new-build homes remain unsold after six months

Jonathan Samuels, CEO of specialist lender, Octane Capital , believes that developers are increasingly prioritising profitability over speed of sale, with new-build homes spending longer on the market as developers resist unnecessary price reductions and instead look to protect scheme values.

Octane Capital analysed* a representative sample of more than 1,100 live new-build property...

Renters

Street.co.uk simplifies Renters' Rights compliance

Street.co.uk has integrated the government's official Form 4A directly into its rent review workflow, enabling letting agents to generate, sign and serve the mandatory rent increase notice without leaving the platform.

Since the introduction of the Renters' Rights Act, landlords and letting agents proposing a rent increase on a periodic tenancy have been required to use the...

Agents Automation

Brickflow and Together Launch Instant Automated Decisions-in-Principle for Brokers

Brickflow , the leading digital commercial property finance platform, has announced the launch of an exclusive automated Decision-in-Principle (DIP) capability, developed alongside established lending partner Together , delivering greater certainty and significantly faster decision times for brokers and their borrowers.

The new AutoDIP functionality enables brokers to receive instant...

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