Tag: First time buyers

Londoners staying put as fewer move to areas outside the capital

Author: Property118.com Landlord News Team

27th December 2024, 2 years ago | 0

Fewer Londoners are leaving the capital as purchases outside London hit their lowest in a decade, according to Hamptons. A...

Bank of Mum and Dad struggles to help offspring buy homes

Author: Property118.com Landlord News Team

13th December 2024, 2 years ago | 0

The Bank of Mum and Dad is feeling the strain of the cost-of-living crisis, with many parents forced to cut...

Rent and mortgage spending reaches record highs amid energy-efficiency push

Author: Property118.com Landlord News Team

11th December 2024, 2 years ago | 0

Rent and mortgage spending reached a 14-month high as more homeowners focus on improving energy efficiency in their homes for...

Mortgage rates hinder first-time buyers’ homeownership dreams

Author: Property118.com Landlord News Team

11th December 2024, 2 years ago | 0

Mortgage rates remain a big barrier to first-time buyers in the UK, research reveals. The Mortgage Advice Bureau says that...

Precise and Fleet cut BTL rates for landlords

Author: Property118.com Landlord News Team

10th December 2024, 2 years ago | 1

Precise and Fleet Mortgages have both announced significant interest rate reductions on their buy to let products. Precise, part of...

Stamp duty changes drive increased demand from first-time buyers

Author: Property118.com Landlord News Team

3rd December 2024, 2 years ago | 0

First-time buyers are racing to beat upcoming stamp duty changes, according to Rightmove. The property portal says buyers in higher-priced...

House prices to rise ahead of stamp duty hike

Author: Property118.com Landlord News Team

29th November 2024, 2 years ago | 0

House prices are set to rise next year as buyers rush to beat stamp duty changes. According to Zoopla’s House...

House prices to rise by 23% over the next five years – Savills

Author: Property118.com Landlord News Team

6th November 2024, 2 years ago | 0

House prices in the UK are forecast to increase by £84,000 over the next five years, according to a new...

Pre-Budget reaction: Industry leaders call for reversal of Section 24 and support for landlords

Author: Property118.com Landlord News Team

29th October 2024, 2 years ago | 1

With the Budget only a day away, many industry leaders are calling on the Chancellor Rachel Reeves to support landlords....

This will be a ‘bumper year’ for the housing market – Zoopla

Author: Property118.com Landlord News Team

28th October 2024, 2 years ago | 0

The total value of homes in the sales pipeline has surged by 30% to £113 billion, driven by rising incomes...

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

Author: Property118.com Landlord News Team

25th October 2024, 2 years 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...

Number of BTL mortgage products rises

Author: Property118.com Landlord News Team

19th July 2024, 2 years ago | 0

The UK mortgage market is showing signs of recovery with a big increase in the number of products available across...

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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...