The average deposit paid by a first time buyer was £43,693. Perhaps unsurprisingly, almost two thirds (63%) were in the top 40% income bracket. Just over two thirds (68%) of first time buyers paid less than a 20% deposit, while a fortunate 5%...
Property Market Update for October 2023 If you are curious to know what is happening in your local property market then get in touch today on 01276 539111.
The regulation to require all newly rented properties to have an EPC rating of at least C by 2025 has been scrapped. However, four out of every five landlords have already taken steps to ensure compliance, and nearly half of them have invested...
The latest Goodlord Rental Index has shown that both rental prices and voids held steady throughout September. Strong demand for rental properties kept rents at nearly 8% higher than prices seen at the same time last year. Despite average rental costs...
Property Market Update for September 2023 If you are curious to know what is happening in your local property market then get in touch today on 01276 539111.
High costs of borrowing mean buyers are being cautious, one of the reasons why seven in ten agents are saying that it is now a buyer's market. Buyers with a reluctance to overstretch are coming up against optimistic sellers, resulting in a growing...
The average price of rent dipped slightly between July and August, with prices across England coming down by 1.5% to an average of £1,347 per property. Despite not beating July’s Index setting record of £1,367, August 2023...
An additional 2,632 spare bedrooms have been locked out of the Surrey Heath housing market since 2011 as Britain’s ageing population means the country’s stock of homes is being used more unproductively. The number of spare bedrooms in...
In her first conference speech as the Tory’s new leader in 1975, the grocer’s daughter from Grantham, Margaret Thatcher, asserted her conviction in a ‘property-owning democracy’. Although Thatcher didn’t conceive the...
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