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After 9 months of successive growth, the price of prime properties has started to fall, but the overall prices have risen by 4% since this time last year, further boosting prices by a further £20,000. Still leading the race by a long way is London property and the price differences are becoming so fast that [...]  Competition has once again intensified in the buy to let mortgage market, as the Yorkshire Building Society has announced that they are relaxing their lending restrictions as well as expanding their deals across England and Wales. The Yorkshire entered the buy to let market last August and offered products through its lending subsidiary Accord Mortgages, [...] A new scheme to ‘Get Britain Building’ announced by Prime Minister David Cameron last month has a lot of good proposals, but it remains to be seen how far it will go in accomplishing the stated goal of getting the construction industry back on target and a multitude of first-time home buyers into a new [...] The number of people aged over 65 years will increase by 65% in the next 25 years*. Welfare cuts are meaning that it is becoming increasingly difficult for people to buy homes and families with low incomes are finding that they are having to reduce their standard of living in order to meet rent payments. A recent study has estimated that nearly 1,000,000 homes are going to be put out of reach [...] Around half of UK consumers still feel that now is a good time to invest in property and confidence in the housing market is remaining stable, despite the economic outlook being gloomy to say the least, and a prediction having been made that we are heading for a double dip recession. The 14th quarterly property tracker [...] A new scheme to ‘Get Britain Building’ announced by Prime Minister David Cameron last month has a lot of good proposals, but it remains to be seen how far it will go in accomplishing the stated goal of getting the construction industry back on target, and a multitude of first-time home buyers into a new [...] The Conservative party were once a political group who wanted to see everyone in the country owning a home. In recent years there has been a significant drop in the number of people owning homes due to the financial crisis and this is something the party is having to face up to. It has recently [...] The government has recently released a new housing strategy and it has been called ‘Laying the Foundations: a Housing Strategy for England.’ The plan lays out a governmental initiative to build over 15,000 new homes in the country with a value of over £400 million. The idea is that the money will help stalled building [...] Moving in the winter can be a good option if you are on a budget. Hiring a removal van to move all your belongings to a new house is a very expensive process and if you do this in the winter you will save money as demand is less and removal companies will have reduced [...] |
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