The latest market analysis by mortgage experts, Revolution Brokers , has revealed that despite recent turbulence following a string of base rate increases, the total sum of lending secured across the UK property market is on course to sit two per cent higher than it did in 2021.
Based on an analysis of lending data from the Bank of England, the research by Revolution Brokers...
Utility bills set to cost nearly a third of the average mortgage payment
The latest market analysis by Revolution Brokers has revealed that October’s energy price cap increase will see the average household paying the equivalent of nearly a third of their annual mortgage in energy and water bills.
Revolution Brokers looked at how the cost of our utilities bills has changed since 2019...
Homebuyers can save over £20k by searching for previously scuppered sales
Property purchasing specialist, HBB Solutions , has revealed that homebuyers can save as much as £21,000 when scouring the current market, by focussing their search on homes that have been relisted for sale, after their initial sale collapsed.
HBB Solutions analysed current market data looking at the level of...
Wandsworth most active area of prime London market for homebuyer activity at £1m and above
The latest research by central London estate agency, Bective , has found that the borough of Wandsworth sits top as London’s prime property hotspot over the last year, accounting for the highest level of £1m property market transactions.
Bective analysed sold price data across the London market...
Research by MoveStreets, the property portal designed for the mobile generation, has revealed that the average first-time buyer across Britain has seen the cost of purchasing their initial home climb by £8,663 per year on average over the last decade.
It’s a tough ask to climb the property ladder in 2021 and Britain’s first-time buyers are now facing an average cost of £225,607 for...
The latest Prime London Demand Index by leading lettings and estate agent, Benham and Reeves , has shown that homebuyer interest in London’s high-end market has increased 5.8% annually for homes listed a £2m and above and 1.8% across the £10m+ market.
The index by Benham and Reeves analyses the ratio of homes listed as sold subject to contract or under offer as a percentage of all...
CrowdJustice funding can help new-build homebuyers fight back against a system that’s heavily stacked against them
Below par new-build standards are unfortunately a common occurrence in the market today, but one homebuyer is fighting to ensure all hard-working, new-build home buyers receive the property they deserve.
Following his poor experience of buying a home near...
The UK’s busiest agents can currently be found in Aberdeen, a city where each individual estate agency branch currently has an average of 29 sales listings on its books.
Second on the list is Newcastle-Upon-Tyne, where each branch currently has an average of 28 for-sale properties listed.
Next is Newport with 27 properties per branch, and then Liverpool and London round off...
For anyone thinking about buying a new build home, one of the first steps will often be visiting a show home.
There can be a lot to take in when looking around a show home for the first time – even more so following the Covid-19 pandemic, where all housebuilders have built in a raft of new measures to allow people to visit safely.
