43% of UK homeowners have experienced a sense of ‘sadness, grief or loss’ after moving house; while 83% feel emotionally attached to their homes
Two-thirds of UK homeowners (62%) experience an immediate sense of ‘dread or nervousness’ at the thought of selling their property; compared to 23% who are ‘excited and happy’ at the prospect
The memories made in a home are … more
‘Park’, ‘Green’ and ‘Gardens’ become most popular names for new housing developments
Top 5 UK house builders developments analysed as ‘country’ inspired names top the list
Heritage theme continues, as development designers opt for names linked to quintessentially English identity
Latest research shows that ‘new build’ developers are drawing … more
Majority of aspiring first-time buyers expect to spend between £100,000 and £150,000 on their first home (34%) – providing them with a ‘one in 20’ chance (18%) of finding a home within their price bracket.
However, most aspiring first time buyers underestimate how much their mortgage repayments will cost a month – with calculations up to 64% wide of the mark – … more
“The ONS House Price Index for March shows that the general slowdown in the annual house price growth is rumbling into 2017. From a healthy annual pace of 5.6% in the year to February, it has slowed to a more moderate year-on-year increase of 4.1% in March. The let-up in pace will be welcome news to the UK’s housing ladder hopefuls as annual growth rates above 5% have been taking house prices … more
“While there was a very slight dip in transaction volumes between January and February, today’s figures still make for encouraging reading. After January, February recorded the highest number of seasonally adjusted residential transactions since the changes to Stamp Duty Land Tax were introduced at the end of March last year, suggesting that the market is starting to come to terms with this new … more
Leading local business My Home Move, finalists for this year’s Leicester Mercury Business Awards, has settled into its new purpose-built home on Enderby’s Grove Park.
The multi-million pound investment by the company, part of its strategy to ensure a ‘Great Place to Work’ brings together all of its 400 strong Leicester-based employees into one campus. The state-of-the-art … more
“This is a budget which made no mention of the housing market. The bold statement made a month ago that Britain’s housing market is broken, has today, been side-stepped.
“Last year the Chancellor’s predecessor made sweeping changes to the tax system for those looking to purchase additional homes, a move the Government hoped would slow the buy-to-let market in favour of first-time … more
Key workers with up to ten years’ experience are priced out of seven regions across England and Wales, as the likelihood of them being able to afford a home outright in the East Midlands, East of England, Home Counties, South East, South West and West Midlands falls to below 30% - with Greater London offering them just a 1% chance.
Only when a key worker earns £40,000 or more, can they have … more
“2016 was a challenging for the housing market, but it appears to have overcome these obstacles without experiencing significant instability. The changes to Stamp Duty Land Tax (SDLT) meant that a huge amount of transactions were brought forward into the first quarter, and it is therefore unsurprising to see that house price growth and mortgage lending was slower in the second half of the year as … more
“The publication of this White Paper has been long awaited, and while we welcome the Government’s renewed pledge towards fixing Britain’s ‘broken housing market’ the ultimate issue still remains - what do they mean by ‘affordable’?
“From our own research, we know that homebuyers view affordable as a home that costs in the region of £125,000* to buy … more