Homeowners in London stay put the longest before going on the market, while those in the North move more often. What’s happening where you live? There have been two bumper crops of sales in the last 18 months, largely from sellers who bought just before the Global Financial Crisis in 2007 and those who bought […]
How often do most homeowners move in the UK? Read More »
The average price of property coming to the market for sale has risen just 0.3% in the past month, much lower than would be expected at this time of year. The data comes from Rightmove: This is a much lower monthly increase in new seller asking prices than is typical at this time of year,
Rightmove details disappointing data on your home Read More »
Moving home can have a huge impact on our lives, it can also be expensive, stressful and a time consuming process, so why do so many people do it? There are so many memories we associate with the properties we call home. Approximately 50% of people who move home do so because their current home
The most popular reasons people move home Read More »
A record high of homes are currently on the market for sale in the UK since 2016 Supply of homes for sale is 20% higher than this time last year, with £230bn worth of housing for sale, up £45bn on this time last year The average estate agent has 31 homes for sale, the highest
Record High of Homes for Sale Since 2016 Read More »
34% of homes for sale are cheaper to buy than rent, with the average first-time buyer saving £93 a month on a mortgage instead of renting. A third of homes listed for sale or 34%, can be bought with a mortgage and repayments that cost less than the average rent in the same area Buying
On Average it is Now More Affordable to Buy than Rent in the UK Read More »
Buyer confidence is improving and 12% more homes are going under offer compared to this time last year. Mortgage approvals for home purchases are also up 32%. Sales agreed volumes up 12% year-on-year as house prices stay static Homes in the south are currently seeing negative price inflation in the UK 64% of homes are
Sales increase as homes hold their value Read More »
We find an increasing amount of home buyers returning to the market, with more sellers putting their home back on in February 2024 after the quieter winter months of December and January. Buyers and sellers are returning to the housing market in growing numbers, boosting sales across the UK London is leading the way in
Demand for homes is up 11% in 2024 Read More »
First-time buyers accounted for more than 50% of home loans in 2023, with over 60% on joint mortgages to secure a home. Two out of three first-time buyers had joint mortgages in 2023 at 63%. The average deposit paid was £53,414 – 19% of the purchase price In 2023 Inverclyde in Scotland has been the
Have you considered getting on the property ladder with a friend? Read More »
60% of homes listed are below the stamp duty threshold for first time buyers. In southern England, around 50% of homes listed for sale are priced below the first-time buyer stamp duty threshold of £425,000. In the north east that figure rises to 93% In Hull, Blackpool, Middlesbrough and Hartlepool, 98% of homes for sale
How to avoid stamp duty as a first-time buyer Read More »
First-time buyers need to earn an extra £7.5K to step on the property ladder The rapid rise in house prices over the last three years means first-time buyers now need to earn more to buy a home. Let’s look at the options. Rising rents and a shortage of rental properties are pushing more renters to
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