2020 has been a year like no other. It has changed the way people live, given us new priorities and aims. The coronavirus pandemic has affected everything, the property market included. Agents are reporting a shift in desires, more outdoor space seems to be much more important now than it has been in the past. […]
Rent in the South West of England has risen by 8.6% year on year. HomeLet rental index has suggested that rent in the South West now stands at an average of £910 a month. The East Midlands (7.3%), Wales (6.8%) and the North West (6.2%) also had considerably strong rental price growth. On the other […]
Switzerland, China and Japan are the hardest countries to get onto the property ladder in Money.co.uk’s study of 25 countries has found that the hardest place to get on the property ladder is Switzerland. In Switzerland, the average property price is £501,000 and the average age of a first-time buyer is 48. Following Switzerland there […]
Property instructions in the prime areas of London are on the rise. They have risen 68% year on year since October. This paints a positive picture for the coming months. LonRos research has shown that levels of transaction have risen 4% annually in October. Their research shows that 25% more properties are being sold. Marcus […]
The mortgage payment holiday was due to end in October. But the government has announced that the scheme will be extended. This is in order to help individuals combat the financial impact of coronavirus. Borrowers ,who have not taken a mortgage holiday before, are entitled to take a 6-month payment break on their mortgage payments. […]
It is clear that rental prices are increasing. They are mirroring the trend of UK property prices. Monthly rent is most affordable in the North. Above any other Durham is the most affordable city for renters in the UK. Durham rental prices total an average of 21% of an individual’s monthly income. Following this, Hull […]
