Tag: First time buyers

Buy-to-let landlords brace for 17% stamp duty hike ahead of budget

Author: Property118.com Landlord News Team

25th October 2024, 1 year ago | 2

Buy-to-let landlords may face a 17% rise in stamp duty bills as Chancellor Rachel Reeves prepares for the upcoming budget....

Landlords sell more homes to owner-occupiers as investor interest declines

Author: Property118.com Landlord News Team

17th October 2024, 2 years ago | 3

Most homes sold by landlords are now being purchased by owner-occupiers instead of other investors. According to research by Hamptons,...

Industry boss warns Labour’s anti-landlord stance will harm tenants

Author: Property118.com Landlord News Team

7th October 2024, 2 years ago | 7

Labour’s anti-landlord stance will hurt tenants, claims an industry boss. Purplebricks’ chief executive, Sam Mitchell, told The Telegraph that Labour’s...

Housing market rebounds with £88bn surge as first-time buyers lead the way

Author: Property118.com Landlord News Team

23rd September 2024, 2 years ago | 2

The UK housing market has bounced back, with £88.3bn spent on property purchases in the second quarter of 2024, according...

Labour’s ‘Freedom to Buy’ mortgage scheme faces criticism

Author: Property118.com Landlord News Team

22nd August 2024, 2 years ago | 2

Doubt is being cast on Labour’s proposed ‘Freedom to Buy’ mortgage guarantee scheme after an analysis of Financial Conduct Authority...

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UK house prices stabilise amidst interest rate cuts

Author: Property118.com Landlord News Team

12th August 2024, 2 years ago | 0

The average house price in England and Wales dipped slightly in July to £360,630, marking a modest 0.1% fall, the...

Stamp duty relief blow for first-time buyers

Author: Property118.com Landlord News Team

29th July 2024, 2 years ago | 3

Only 37% of homes for sale will qualify for stamp duty relief when the current threshold of £425,000 reverts to...

Homeownership dream fades as affordability crisis deepens – Skipton

Author: Property118.com Landlord News Team

26th July 2024, 2 years ago | 1

Just one in eight potential first-time buyers can afford the average property in their area, with the situation even more...

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UK house prices dip as sellers target summer buyers

Author: Property118.com Landlord News Team

15th July 2024, 2 years ago | 0

House prices in the UK saw a small dip in July as sellers adjusted their strategies for the summer market,...

Reactions to Labour Party manifesto from NRLA, Generation Rent and Shelter

Author: Property118.com Landlord News Team

14th June 2024, 2 years ago | 12

The Labour Party has launched its manifesto, with promises to help “protect renters from arbitrary evictions.” Manifesto pledges include abolishing...

Conservative manifesto sparks controversy over housing reforms

Author: Property118.com Landlord News Team

12th June 2024, 2 years ago | 12

The Conservatives promise to “deliver fairness in the rental market” by abolishing Section 21 and passing the Renters (Reform) Bill....

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House price falls slow but North-South divide widens

Author: Property118.com Landlord News Team

12th June 2024, 2 years ago | 0

House prices in England and Wales continue to decline, although the pace of decline is slowing with the average house...

Generation Rent hits out at Labour’s ‘Freedom to Buy’ initiative

Author: Property118.com Landlord News Team

7th June 2024, 2 years ago | 11

Generation Rent has criticised Labour’s newly announced ‘Freedom to Buy’ initiative which aims to help more than 80,000 young adults...

Rightmove urges politicians to focus on housing affordability and EPC initiatives

Author: Property118.com Landlord News Team

4th June 2024, 2 years ago | 9

Rightmove has outlined a series of urgent priorities it wants to see from the incoming government, including sustainable housing policies...

Flat service charges below £1,000 near ‘extinction’

Author: Property118.com Landlord News Team

7th May 2024, 2 years ago | 0

Flat owners in England and Wales are facing a significant financial burden as service charges continue to climb, a report...

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UK house price growth slows down – Nationwide

Author: Property118.com Landlord News Team

1st May 2024, 2 years ago | 0

UK house prices saw a slowdown in annual growth in April of just 0.6%, down from 1.6% in March, Nationwide...

Even with family help, first-time buyers need a £36,000 deposit

Author: Property118.com Landlord News Team

9th April 2024, 2 years ago | 1

First-time buyers in Britain still face a significant financial hurdle despite receiving help from family when it comes to saving...

First-time buyer numbers surge in 2024

Author: Property118.com Landlord News Team

2nd April 2024, 2 years ago | 0

First-time buyers are a driving force in the housing market this year, making up a record one-third (33%) of all...

Yorkshire Building Society launches £5,000 deposit mortgage

Author: Property118.com Landlord News Team

28th March 2024, 2 years ago | 4

Yorkshire Building Society (YBS) has unveiled a groundbreaking £5,000 deposit mortgage specifically designed for first-time buyers. The unique product allows...

Half the council tax tenants pay should be saved for a home deposit – SMF

Author: Property118.com Landlord News Team

21st March 2024, 2 years ago | 3

In a bid to help tenants save for a deposit to buy a house, half of their council tax payment...