Property news

The Bank of England has just made the decision to hold the base rate to 4.25%

Stephanie Daley, Director of Partnerships at Alexander Hall, commented:

"Although a cut may have been the preferable decision, today's choice to hold the base rate once again will still be welcomed by homebuyers and remortgagers alike, as it reinforces the growing sense of consistency and strength in the mortgage market.

We've continued to see growing borrower engagement in recent months,...

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

Summer Launch For Staffordshire Village Homes

A HOTLY anticipated housing development in the Staffordshire village of Elford will launch this summer. Elan Homes is nearing a sell-out at three developments in the county – The Hyde, Kinver; Woottonbrook, Wombourne; and Brook Meadow, Loggerheads – and is hoping to build on the success of those schemes with its latest venture. Known as Seven Acres, the latest development will see 25 new...

Local housebuilder supports The Rock Foundation with £1,000 donation

Local housebuilder, Barratt Developments Yorkshire East, which includes the Barratt Homes and David Wilson Homes brands, has donated £1,000 as part of its Community Fund initiative to The Rock Foundation, a front-line charitable organisation that has created new and unique provisions for young people and adults with learning disabilities and disadvantages.

Located near to Barratt...

Local housebuilder supports Strensall Tigers FC with brand new football kits for the season

Leading housebuilder, Barratt Developments Yorkshire East, which has a number of new and existing developments throughout the York area, is showcasing its support for the local community by teaming up with Strensall Tigers Junior Football Club as their new sponsors for the Under 5s team, and providing them with brand new football kits for the season.

Located near to Barratt...

Dandara acquires site for 88 new homes within walking distance of Deal beach

Leading independent housebuilder Dandara has completed the purchase of a four hectare site in the Kent seaside town of Deal. As well as creating a contemporary selection of two-, three-, and four-bedroom homes, the development will also include a brand new synthetic turf football pitch and clubhouse to benefit the local community.

The land, off Freemens Way, was once a school playing...

£940m increase in equity release by UK homeowners

Research from debt advisory specialists, Henry Dannell , reveals that equity release payments in the UK increased by almost £1 billion in 2021, as more and more people look for alternative ways of ensuring healthy and happy retirements.

Between 2020 - 2021, the amount of money released in the UK rose from £3.9 billion to £4.8 billion, an annual increase of £940 million, or 24.4%....

HMOs hold their market premiums despite licensing changes

Market analysis from specialist property lending experts, Octane Capital , has revealed that the current market value of Houses in Multiple Occupation (HMOs) currently sits above wider market values, suggesting that new licensing laws have had a limited impact on the appetite for the often perceived trickier path to building a buy-to-let portfolio.

Licensing changes surrounding HMOs...

Estate agents warned about money laundering giveaways

Since the UK housing market erupted during the pandemic, demand and activity has shown no sign of dropping. However, the frantic speed at which the market is moving and the strain it has placed on the property industry means some standard checks and balances can be missed or overlooked, clearing the way for criminals to thrive, of whom the most common are money launderers.

To help...

Spring is in the air as more properties are listed for sale

RICS Residential Market Survey, March 2022

New instructions indicator turns positive for the first time in twelve months
Buyer demand and sales continue to rise at a modest pace in March
House price growth remains firm at the headline level

Spring has reportedly sprung in UK property market with the latest RICS Residential Market Survey showing the...

Elan show home garden at Holcombe Gardens Ramsbottom

FINAL COUNTDOWN SIGNALS LAST CHANCE TO PUT DOWN ROOTS IN RAMSBOTTOM

HOMEOWNERS hoping to enjoy the benefits of town and country living need to move quickly as Elan Homes prepares to put the ‘sold’ sign up at its Holcombe Gardens development in Ramsbottom. The combination of valley views and the builder’s luxurious high-specification homes means only a few plots remain for sale.

And Marie Morris, sales director for Elan Homes in the North, is confident that...

Downsize To An Apartment In Wombourne - Before It's Too Late

CHIC apartments in Wombourne provide the perfect homes for those seeking a stylish way of life without the hassle and worry of maintaining a huge family property. They are the final two homes for sale at Woottonbrook, an Elan Homes development in Staffordshire.

The apartments are available exclusively to buyers aged over-55.

Tracey Ball, regional sale director for Elan Homes...

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