Is 2020 a good year to buy a home? Recent figures from a Nationwide survey revealed that property prices have fallen for the first time in 8 years. The building society stated that property values had dropped by 1.4% from June to May, as the coronavirus lockdown hit the housing market. When the lockdown began, sales […]
Tag: property market
Is development finance the key to solving the housing crisis?
The housing crisis has been a strong concern in politics across the UK for the past decade. With a shortage of homes available for the UK public, it is no surprise that more people are turning to property development finance. Clearly, there is a market of people in need of somewhere to live, and buy-to-let […]
Young people working towards homeownership
Young People Investing in Property Despite common perceptions – young people are still buying homes or working towards homeownership In the past 10 years, average housing prices have increased dramatically while wages have generally remained the same across the UK. This has lead to a common feeling of hopelessness amongst young people, as the likelihood […]
New sales figures suggest that house buyers are returning to the property market
What is the UK property market doing? The amount of new builds has dropped close to half of what was being built pre-Brexit. It’s been obvious to see that the uncertainty surrounding Brexit has been holding back many private property developers from starting with their residential development plans and projects. This has seen the amount […]
UK House Market Prices Continue to Grow Despite Brexit Uncertainty
UK housing market The UK housing market has seen an average increase of 1.4% for house prices over the twelve months leading to April 2019 according to the latest published figures, putting the average cost of a house in the UK at £228, 903. View price predictions for 2019. However, the report published by the […]
Highest Level of House Sales in April Since October
Latest data published by the National Association of Estate Agents (NAEA) show that the number of sales agreed in April have reached their highest level since October 2018. Further statistics indicate that first-time buyers are continuing to grow in the property market as 2019 continues. Estate agents have continued to see property buyers and sellers […]