Property news

Act now if buying a property before the stamp duty holiday runs out

Mortgage advisor warns of risks and opportunities during COVID

A mortgage advisor is urging people who want to buy a property to act now – before the stamp duty holiday runs out.

Matt Colley, of Moving Experience in Bristol, has seen a surge in people looking to move due to lockdown and a temporary cut to the stamp duty land tax.

But the holiday ends in March and, with the average house purchase taking up to 12 weeks, he is advising people to act...

Laura Bond

Laura Bond

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Keep up-to-date with the latest property news in the UK.

Top eight most common snags with new homes

The most common new build snagging issues that haunt homebuyers

The snag solving expert, HouseScan, has revealed which are the top eight most common snags found when it comes to new build homes in the UK.

With HouseScan , consumers book an appointment and a qualified home-inspector will attend the home and provide a comprehensive report that covers everything from decorating defects to ill-fitted doors and windows, to electrical, heating and...

High-end homebuyers from Qatar are currently in the strongest position

Middle Eastern homebuyers have the strongest borrowing platform

The world's leading high-net-worth mortgage broker, Enness Global , has revealed which high-end foreign buyers currently have the strongest property purchasing pedigree when it comes to the mortgage to earnings ratio of the top one per cent of earners.

Enness analysed 27 nations based on the current income threshold of the top 1% of earners and what this equates to in terms of the...

The Love Where You Live Guide reveals the best places to buy in the UK

Top 10 places to live in the UK

In the wake of new lockdown restrictions across the country, estate agency Yopa has launched its Love Where You Live Guide, revealing the best places to buy in the UK when taking into account new key considerations for property buyers.

Whilst house prices, quality of local schools and low crime levels will likely always remain high on buyers’ lists of priorities, Yopa has determined...

More sentimental value is placed on our homes this year compared to last year

Half of adults feel their home has increased in sentimental value this year

Half of adults (49%) in England place more sentimental value on their homes this year compared to last year, but many people do not know that they may need to take action to protect their household memories from a flood.

According to new research commissioned for the Environment Agency’s Flood Action Campaign, homes have taken on a multitude of new purposes over the past year – from...

The number who had never used a broker rose (49 per cent) of over 55s

39% of mortgage holders have never used a mortgage broker

Despite the fact a good mortgage broker is likely to be able to find homeowners a much better product than they could secure themselves, well over a third of mortgage holders (39 per cent) have never used one. A survey of almost 2,000 mortgage holders conducted by mortgage broker Boon Brokers discovered that the number who had never used a broker rose to half (49 per cent) of over 55s. This...

Half of first time buyers take over five years to save enough for a deposit

£5 billion’s worth of savings burning a hole in first-time buyers’ pockets

The fact that first time buyers are finding it hard to navigate the property market at the moment is not ‘new news’, however the amount of money that’s held up most certainly is. It's estimated that their difficulty to enter the market is putting £5billion1 worth of property deposits in limbo, which is not only considerably slowing the market but potentially stalling its recovery as well....

Virtual house viewings still happening in October

Large number of property viewings were conducted virtually during October

A large number of property viewings were still conducted virtually last month, even though estate agents have been able to resume in-person viewings since the mid-May, according to data collected by estate agency Andrews Property Group ,

Buyer appetite is also proving to be Covid-19 and lockdown proof, driven by the stamp duty holiday carrot being dangled in front of buyers. Viewing...

How to sell your house quickly

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The latest Rightmove House Price Index has revealed that the current time to sell a property in the UK is just 50 days. However, with buyers flooding the market to secure a stamp duty saving before the March deadline, many are facing long delays as the industry struggles to cope.

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UK cities facing backlogs based on the current state of the property market

These are the areas facing the biggest property market backlogs

Home buying platform, Yes Homebuyers , has revealed which UK cities could be facing the biggest backlogs based on the current state of the property market.

The latest figures from the Bank of England show that mortgage approvals hit their highest monthly total since the back end of 2007 last week as buyers continue to swarm the market in search of a stamp duty saving. However, such...