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....Eastern England has seen the strongest growth over the last year, with a 5. 3% uplift taking the average property price there to £349,269. ... [Read full article on Guardian ]
Monday 24th of April 2017 06:00:04 AM
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....Wage growth has fallen behind inflation, leaving people worse off in real terms and denting consumer spending, a key driver of the UK economy. YouGov bases its consumer confidence survey on 6,000 interviews a month, asking about household finances, property prices, job security and business activity, over the past 30 days and looking ahead to the next 12 months. ... [Read full article on Guardian ]
Friday 28th of April 2017 06:01:03 AM
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....Thousands of small businesses hit hardest by the recent changes to business rates in the UK have been dealt a fresh blow after a £300m relief package promised in the budget was waylaid by the general election. Earlier this year the government came under pressure to take action on business rates after a revaluation of property in Britain hit the owners of shops, restaurants and pubs in parts of the country where property prices had surged. ... [Read full article on Guardian ]
Saturday 22nd of April 2017 09:48:24 AM
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Latest Finance News related to Property Price

British consumers' confidence slumps as inflation grows image
Source : Guardian [Read Article] Friday 28th of April 2017 06:01:03 AM
....Wage growth has fallen behind inflation, leaving people worse off in real terms and denting consumer spending, a key driver of the UK economy. YouGov bases its consumer confidence survey on 6,000 interviews a month, asking about household finances, property prices, job security and business activity, over the past 30 days and looking ahead to the next 12 months. ...
Asking prices for homes rise to record average of £313,655 image
Source : Guardian [Read Article] Monday 24th of April 2017 06:00:04 AM
....Eastern England has seen the strongest growth over the last year, with a 5. 3% uplift taking the average property price there to £349,269. ...
Snap election delays £300m relief package for small businesses image
Source : Guardian [Read Article] Saturday 22nd of April 2017 09:48:24 AM
....Thousands of small businesses hit hardest by the recent changes to business rates in the UK have been dealt a fresh blow after a £300m relief package promised in the budget was waylaid by the general election. Earlier this year the government came under pressure to take action on business rates after a revaluation of property in Britain hit the owners of shops, restaurants and pubs in parts of the country where property prices had surged. ...
Let’s move to the Isle of Portland, Dorset: ‘It has its fair share of oddity’ image
.... Great crab sandwiches at the Lobster Pot. Wonderful walks, brilliant bird-watching, enticing property prices. ...
Tesco to save £105m in business rates after property revaluation image
Source : Guardian [Read Article] Sunday 16th of April 2017 05:12:13 PM
....Tesco will see the business rates bill for its biggest stores fall by £105m over the next five years, highlighting another anomaly created by the controversial tax. Earlier this year, the government came under pressure to take action on business rates after a revaluation of property in Britain hit independent shopkeepers hard in parts of the country where property prices had surged. ...
Let’s move to Crediton, Devon: ‘Its day will come again’ image
Source : Guardian [Read Article] Friday 14th of April 2017 03:30:00 PM
....com. Frank Gent “Unpretentious, good links to Exeter, reasonable property prices. ...
The older expats facing poverty – thanks to Brexit and frozen pensions image
Source : Guardian [Read Article] Wednesday 12th of April 2017 06:00:27 AM
....Gale warns that these pensioners are trapped: they can’t sell their properties for what they paid for them, “because the sort of properties expats buy aren’t wanted by the local population”. They can’t buy homes back in the UK, because property prices have soared since they left. ...
House price growth hits lowest level since 2013 – but here’s why crash looks unlikely image
....5 per cent. Experts said sky-high values have made it more difficult for people to buy a home, as wages have not kept pace, which is now keeping property price rises in check. ...
New inheritance tax rules: How to avoid death duty with new allowance  image
Source : Daily Express [Read Article] Wednesday 5th of April 2017 03:19:00 PM
.... "The change is designed to help children avoid selling a family home to pay inheritance tax. “The IHT threshold has not nearly kept pace with the rapid rise in property prices. ...
Sydney property prices rise almost 20% in past 12 months image
Source : Guardian [Read Article] Monday 3rd of April 2017 03:08:56 AM
. Sydney property prices have increased by almost 20% in just 12 months, putting the city at the front of a nationwide trend that has seen dwelling values increase by 12. ...
Lifetime ISA 2017: Seven reasons to transfer money from Help to Buy ISA to Lifetime ISA image
....“The Lifetime ISA can be used to purchase a first home worth up to £450,000 in the UK. The property price for a Help to Buy ISA is capped at £250,000 (£450,000 in London). ...
Contrasting fortunes for island property image
Source : BBC [Read Article] Tuesday 21st of March 2017 11:23:51 AM
. House prices in the Scottish isles have witnessed contrasting fortunes in the past year - putting them at extreme ends of UK property price movements. ...
Hammond seems to be expecting business rates storm to just blow over image
Source : Guardian [Read Article] Wednesday 8th of March 2017 07:42:51 PM
....This package may address many of the cases of looming hardship among small shops and restaurants, especially in the south-east, facing three or fourfold increases in their business rates. But it does little or nothing for those pubs, especially in London, where takings have not soared alongside property prices. ...
Foxtons sees property sales plunge as Brexit vote hits image
Source : BBC [Read Article] Wednesday 8th of March 2017 08:06:35 AM
Buy-to-let landlords face huge tax increase from new law image
Source : Daily Express [Read Article] Sunday 5th of March 2017 12:01:00 AM
....There has already been a sharp slowdown in the buy-to-let sector with the number of landlord loans down 21 per cent last year, according to the Council of Mortgage Lenders. Andrews says this has knocked London property prices and the slowdown could ripple across the country. ...
Five-minute guide to the new 'death tax' coming into force next May image
Source : Daily Express [Read Article] Sunday 5th of March 2017 12:01:00 AM
....Estates worth up to £300,000 pay a higher fee of £300, while estates worth between £300,000 and £500,000 will pay £1,000. With the average price for a property now £219,544, according to the Land Registry, more and more families will face a much higher charge, especially in London, where average property prices are just below that threshold. ...
Let’s move to Hither Green, London: ‘Good schools, train links and parks’ image
.... Hither Green is one of those plum breeding grounds for Londoners priced out of Peckham, gentrified out of Greenwich. Good schools; good train links; lovely parks; not cheap, but the lesser of all local property price evils; and ice-cream. ...
Oxford once again tops list of UK's least affordable places to live image
Source : Guardian [Read Article] Saturday 25th of February 2017 08:01:06 AM
....At the other end of the scale, the former Scottish capital of Stirling is the UK’s most affordable city. At £173,847, the average property price is just 3. ...
'The pips are squeaking!' image
Source : BBC [Read Article] Friday 24th of February 2017 09:44:16 PM
Sajid Javid: Budget help for firms hit by rates rise image
Source : BBC [Read Article] Wednesday 22nd of February 2017 08:42:17 PM
....At Prime Minister's Questions earlier, Theresa May was asked about the changes by Green Party MP Caroline Lucas, who said the changes would "devastate" the economy in her Brighton Pavilion constituency. The prime minister said it was "right" for rates to change to reflect changing property prices, saying the system was underpinned by fairness. ...
Ministers expected to soften impact of business rate changes image
Source : Guardian [Read Article] Tuesday 21st of February 2017 09:03:22 PM
....Beleaguered cabinet ministers are expected to take steps to ameliorate the impact on the companies hit hardest by a shake-up in business rates that has fuelled a backlash among Conservative MPs. Communities secretary Sajid Javid is likely to join the chancellor, Philip Hammond, in adopting a more empathetic tone about the anger triggered by the decision to revaluate the rates based on updated property prices. ...
Business rate rises: government warns of 'campaign of half-truths' image
Source : Guardian [Read Article] Tuesday 21st of February 2017 09:22:16 AM
....After the meeting with Conservative MPs, Treasury sources said Hammond told them he was also aware of the challenges of the growing digital economy, amid warnings that smaller shops could go under as a result of increases, while the online retail giant Amazon would enjoy a cut in the tax bill paid for its warehouses. New rates will be set by the Valuation Office Agency in the coming weeks, and rates are due to rise unusually sharply in areas where property prices have increased rapidly in recent years. ...
Hammond in ‘listening mode’ on business rates after backlash from Tories image
....The chancellor told his party’s influential 1922 committee that he was in “listening mode” over the policy, which will see rates rise by 13% in his own Runnymede and Weybridge constituency. Theresa May’s Maidenhead seat is also affected by a shakeup in the way the tax is calculated, using a revaluation of property prices, in a move that has triggered an outcry in parts of the business community and in the media. ...
A stock market crash is a way off, but this boom will turn to bust | Larry Elliott image
....The current changes are proving particularly controversial. Business rates are an annual tax on commercial properties based on their rental value and the latest uprating is based on changes in property prices since 2008. ...
Treasury hits back at 'scaremongering' over business rate changes image
Source : Guardian [Read Article] Thursday 16th of February 2017 06:01:33 AM
....The government is facing mounting calls for a rethink after warnings from some shops and other businesses, particularly in London, about the crippling effect of the revaluation which comes into force in April. New rates will be set by the Valuation Office Agency in the coming weeks, and rates are set to rise unusually sharply in areas where property prices have increased sharply. ...
Government willing to admit UK housing market is
Source : Daily Express [Read Article] Sunday 12th of February 2017 12:01:00 AM
.... The surging UK population and rock-bottom interest rates have driven prices to dizzying levels, forcing buyers to over-extend themselves and risk losing all in a property crash. This state of affairs cannot go on forever and it looks like it might soon change, as property prices fell £2,000 in January, according to Halifax. ...
Housing crisis: the empty nester's guide to downsizing image
Source : Guardian [Read Article] Wednesday 8th of February 2017 06:36:21 PM
....“It was less stressful than we thought it would be,” says Linda. But she says this is also because of the “crazy” property prices in London. ...
Theresa May to offer more security for renters image
Source : Guardian [Read Article] Saturday 4th of February 2017 11:44:42 PM
....A major shift in Tory housing policy in favour of people who rent will be announced by ministers this week as Theresa May’s government admits that home ownership is now out of reach for millions of families. In a departure from her predecessor David Cameron, who focused on advancing Margaret Thatcher’s ambition for a “home-owning democracy”, a white paper will aim to deliver more affordable and secure rental deals, and threaten tougher action against rogue landlords, for the millions of families unable to buy because of sky-high property prices. ...
Frankfurt prepares for Brexit bankers: 'Maybe our city will change them' image
Source : Guardian [Read Article] Friday 27th of January 2017 07:15:19 AM
....A recent survey of 360 London bankers by the Boston Consulting Group put Frankfurt in a prime position, ahead of rivals such as Paris, Amsterdam, Dublin or Luxembourg. Its advantages were its central location, sophisticated infrastructure and property prices considerably lower than in London or Paris. ...
Jeanette Winterson to close London shop due to business rates surge image
Source : Guardian [Read Article] Monday 23rd of January 2017 07:01:42 PM
....“They are going around saying: ‘Well, 70% of businesses in England will benefit’, the usual headline stuff, which is technically true, except that most high streets are boarded up and loads of businesses that are not in thriving cities are suffering. “London is going to be particularly hard hit because property prices have continued to rise. ...
UK's new towns surpass national average for house price growth image
Source : Guardian [Read Article] Monday 23rd of January 2017 12:01:18 AM
....House price growth in Britain’s new towns has outperformed the national average over the past decade, a report has found. Milton Keynes, which is celebrating its 50th birthday, was identified as the best-performing new town for property price growth over the last 30 years. ...
House prices in the South East FALL amid Southern Rail chaos image
Source : Daily Express [Read Article] Tuesday 17th of January 2017 04:51:00 PM
.... Alex Gosling, chief executive at HouseSimple. com, said: "November was a strong month for property prices, which goes against all the predictions that prices would stutter in the months following the EU vote. ...
First-time home buyers at highest level since 2007, Halifax says image
Source : BBC [Read Article] Friday 13th of January 2017 01:35:41 AM
.... . Rising property prices also mean that first-time buyers are increasingly taking out longer mortgages. ...
House price inflation picks up with Luton the 2016 hotspot, Halifax says image
....The average house in Luton increased in price by £41,700 during 2016, to £256,636. The Halifax said the main reason was that the town is within easy commuting distance of London, but still has relatively low property prices. ...
Why we must make homes truly affordable for our key workers image
Source : Guardian [Read Article] Saturday 7th of January 2017 07:00:12 AM
.... Transport costs and long journey times mean that, say, a nurse living in Barking and Dagenham but commuting to St Thomas’ Hospital in central London may well look for employment closer to home, which means healthy competition for key worker jobs, talent and diversity disappears from the inner boroughs. As faster and more regular transport connections open up, Greater London, property price growth in even the more affordable locations has started to speed up. ...
Inheritance tax is toxic. We need new ways to tackle inequality | Polly Toynbee image
....George Osborne left behind a lavish legacy for the rich that sees the inheritance tax threshold rising year by year, to £1m by 2020. There was not a whisper in Philip Hammond’s autumn statement that he intends to stop that, or to look for other ways to redress this growing wealth gap, mainly the result of the insane property price boom over recent decades. ...
Top London property prices 'pushed down by taxes and Brexit vote' image
Source : Guardian [Read Article] Thursday 5th of January 2017 11:24:11 AM
. Higher taxes and jitters over the EU referendum pushed down high-end London property prices last year as sellers accepted more “realistic” offers, according to upmarket estate agent Savills. ...
Cuadrilla starts work on Lancashire fracking site image
Source : Guardian [Read Article] Thursday 5th of January 2017 11:06:04 AM
....”. Cuadrilla and Friends of the Earth have clashed before, and this week the green group informally agreed with the advertising watchdog not to repeat claims it had made in an anti-fracking leaflet about the effects of fracking on the health of local populations, drinking water or property prices. ...
Campaign group rapped over fracking claims image
Source : BBC [Read Article] Wednesday 4th of January 2017 01:35:12 AM
....The watchdog said it has "informally resolved" the case after FOE "agreed not to repeat the claims, or claims that had the same meaning". A spokesman for the ASA said the advert "must not appear again in its current form" and the FOE must "not make claims about the likely effects of fracking on the health of local populations, drinking water, or property prices in the absence of adequate evidence". ...
Celebrity deaths: Stars highlight the inheritance tax risk image
Source : Daily Express [Read Article] Wednesday 4th of January 2017 12:01:00 AM
....” . Passing on family wealth is more important than ever, as youngsters struggle with student debt and sky-high property prices. ...
New year resolutions to help you handle your money in 2017 image
Source : Daily Express [Read Article] Sunday 1st of January 2017 05:41:00 PM
....The inheritance tax allowance has been frozen at £325,000 for seven years, or £650,000 for married couples. From April an additional “family home allowance” of £100,000 can be passed on to children or grandchildren, but as UK property prices have jumped by more than a third since 2009, Banks says: “More families are being dragged into the tax net, and need to start planning to reduce their liability. ...
House price growth stable in 2016, says Nationwide image
Source : BBC [Read Article] Thursday 29th of December 2016 08:16:04 AM
....Rob Weaver, director of investments at property crowdfunding platform Property Partner, said: "The proverbial kitchen sink has been thrown at the housing market during 2016 - namely Brexit uncertainty and multiple tax changes - but prices are still creeping up. "Admittedly, there's been an easing off in the rate of property price growth but what seems clear is that the market has remained resilient and is stable, particularly when compared to other investments. ...
London's Eaton Square most expensive place to buy home in Britain image
Source : BBC [Read Article] Friday 23rd of December 2016 12:04:06 AM
....The Belgravia address tops a list that shows every English region now contains "million pound" streets. Research by Lloyds Bank also shows the most expensive street in Wales is Llandudno's Llys Helyg Drive, with an average property price of £1. ...
Housing worries image
Source : BBC [Read Article] Thursday 15th of December 2016 12:28:11 AM
....On her break, Yilin says she'd love to buy an apartment, but there's no way she can afford one on her salary. "As everybody knows in China now, property prices are so high. ...
Another London pop-up: the project that could ease the housing crisis image
Source : Guardian [Read Article] Wednesday 14th of December 2016 02:46:42 PM
....”. Councils across the country are struggling to get people off their housing lists and into permanent accommodation, faced with rapidly rising property prices and rents, and the loss of social housing through the right-to-buy scheme. ...
Could Trump's chest-thumping over China trigger a trade war? image
Source : Guardian [Read Article] Saturday 10th of December 2016 10:00:11 AM
....While both sides would suffer, China’s economy is more reliant on US exports and a serious spat would rock the economy at a time of sluggish growth. Household debt has soared as property prices have increased, and millions of workers are set to lose their jobs as the government seeks to rebalance the economy away from state-led investments. ...
How a healthy buy-to-let profit could soon become a painful loss image
Source : Guardian [Read Article] Saturday 10th of December 2016 07:00:07 AM
....5%, that would also result in a thumping loss, as shown in the table. “This example provides insight into a previously profitable venture that becomes loss-making, that will need to be bailed out down the line, either by higher rental yields or large property price rises, neither of which are certain,” says Sofat of her table. ...
Housing market faces slow start to 2017, says Rics image
Source : BBC [Read Article] Thursday 8th of December 2016 12:23:27 AM
.... . The Halifax did say that property price rises had accelerated in November, a picture mirrored by Rics which said a net balance of 30% of surveyors reported house prices rising rather than falling in November. ...
Faster house price growth in November, says the Halifax image
Source : BBC [Read Article] Wednesday 7th of December 2016 09:44:51 AM
....Annual growth in UK house prices accelerated for the first time in eight months in November, a lender's figures show. The Halifax, part of Lloyds Banking Group, said property prices had risen by 6% compared with a year ago. ...
Home truths: house price rises to slow to trickle as Brexit and stamp duty hit image
.... Its capital Kirkwall (population 9,000), 530 miles from London (population nearly 9 million) topped the price rise table, while the London Borough of Westminster flopped towards the bottom. At £143,839, the average property price on the islands is still well below the UK average of £217,888, never mind Westminster’s £961,686. ...
China's property frenzy and surging debt raises red flag for economy image
Source : Guardian [Read Article] Sunday 27th of November 2016 06:52:01 AM
....5% in the third quarter of 2016, more than twice the share of the year before. But this surge has raised fears that a sharp drop in property prices would cause many new loans to go bad, causing a domino effect on interest rates, exchange rates and commodity prices that “could turn out to be a global macro event”, ANZ analysts said in a note. ...
Let’s move to St Albans: its beer festival is a sight to behold image
Source : Guardian [Read Article] Friday 25th of November 2016 04:30:07 PM
.... This is where I began life in a starter home on a suburban cul-de-sac at the edge of town. Four decades on, though, there’s only one teeny tiny problem: the property prices. ...
Millions fail to report crime in case it affects property prices image
Source : Independent [Read Article] Tuesday 22nd of November 2016 01:29:00 PM
...
Related to :
Five minute guide to helping the young manage finances image
Source : Daily Express [Read Article] Sunday 20th of November 2016 12:01:00 AM
....This echoes research by the Resolution Foundation, which showed that twentysomethings now earn £8,000 less than their predecessors. Daniel Hegarty, founder of digital mortgage broker Habito, says low interest rates mean cheap mortgages, but they are also driving up property prices: “As income levels decline the first rung on the housing ladder is increasingly difficult to reach. ...
Autumn statement: why the chancellor mustn’t cut stamp duty image
Source : Guardian [Read Article] Saturday 19th of November 2016 07:00:01 AM
....So what explains the burning anger over the issue? There’s one place where stamp duty really has soared: London. In particular, those parts of London with fancy property prices and where £1m-plus sales are not uncommon. ...
'Life-changing'  image
Source : BBC [Read Article] Friday 18th of November 2016 10:11:37 PM
Two-hour daily commute 'on rise among UK workers' image
Source : BBC [Read Article] Friday 18th of November 2016 03:19:13 PM
....The cost of renting a home in the UK rose faster than the cost of living in the year to September, according to ONS figures. Meanwhile, UK property prices saw an 8. ...
Teachers priced out of house market as property prices soar to 11 times earnings image
.... Also last week the education secretary, Justine Greening, called for teachers’ pay rises to be capped at 1% for 2017-18, in spite of a recommendation by the School Teachers’ Review Body for significantly higher increases. London teachers’ wages were not always so pitiful in relation to property prices. ...
E-state agent image
Source : BBC [Read Article] Thursday 20th of October 2016 11:46:35 PM
.... The average High Street estate agent fee is 1. 5% - so about £3,251 for a property priced at the national average of £216,750. ...
The London borough with a '50-year waiting list' for council houses image
Source : Guardian [Read Article] Wednesday 19th of October 2016 07:01:01 AM
....Government figures show Barking and Dagenham is in the top 10 most-deprived boroughs in England. But at the same time, the London housing boom has seen local property prices rocket by almost 40% since 2008. ...
UK house prices: East and South driving rises, says ONS image
Source : BBC [Read Article] Tuesday 18th of October 2016 09:13:09 AM
....House prices continued to rise strongly following the Brexit vote - driven by increases in eastern and southern England, official figures show. The annual rise in UK property prices accelerated to 8. ...
Mortgage lenders lift upper limits to help solve an age-old problem image
Source : Guardian [Read Article] Monday 17th of October 2016 08:39:31 AM
. The combination of an ageing population and no set retirement age means some people now want to be able to pay their mortgage until much later in life, while rising property prices and divorce mean others are not buying until they are much older. ...
Is the Bank of England to blame for shrinking your pension pot? image
Source : Guardian [Read Article] Saturday 15th of October 2016 04:33:00 PM
.... Some firms have warned they might be forced to cut dividends. Does the Bank accept that quantitative easing has boosted the finances of the already wealthy and hit those worse off?The Bank said in a 2012 paper that QE, which involves buying corporate and sovereign debt, has boosted property prices and share prices as the proceeds of those purchases were invested in the housing markets and stock markets. ...
Age gap among first-time buyers sets in, the Halifax says image
Source : BBC [Read Article] Friday 7th of October 2016 08:58:44 AM
. A gap between the average age of first-time buyers in different parts of the UK has set in despite property price growth slowing, a lender has said. ...
Stamp duty revenue up by £340m in London image
Source : Guardian [Read Article] Friday 30th of September 2016 11:11:19 AM
....“When you look at the number of property transactions that occur in the capital and the revenue generated you realise just how vital London is. The government should be careful about trying to reduce property prices and activity in the capital as it is the engine of the national economy. ...
Born in early 80s? Then you're half as wealthy as 1970s' children, says IFS image
Source : Guardian [Read Article] Friday 30th of September 2016 05:42:57 AM
....”. Stagnant incomes and rising property prices have made it more difficult for young people to get on the housing ladder, the IFS said. ...
Rates revolution image
Source : BBC [Read Article] Thursday 29th of September 2016 11:03:07 PM
....Soaring property values in parts of London and the South East over the past few years mean that business rates there will be much higher. In areas where property prices have fallen, bills will be lower. ...
House prices on Britain's most expensive street drop by £4m image
Source : Guardian [Read Article] Thursday 29th of September 2016 11:01:04 PM
....Kensington Palace Gardens is home to some of Britain’s wealthiest homeowners, reported to include Roman Abramovich, the Formula One heiress Tamara Ecclestone and the Indian steel magnate Lakshmi Mittal. Zoopla also said that with property prices overall continuing to rise since the start of the year, 40,000 new “property millionaires” had been created since January, taking the total to 660,924. ...
Closure of help-to-buy scheme confirmed by Philip Hammond image
Source : Guardian [Read Article] Thursday 29th of September 2016 12:34:28 PM
....Hammond said the Bank of England’s financial policy committee had concluded that the decision to end the scheme “will be unlikely, in current market conditions, to affect significantly the provision of finance to prospective mortgagors, including high LTV [loan-to-value] borrowers”. The scheme has helped more than 86,000 households, many of them buying lower-value properties, with an average property price of £157,000 compared with the national average of £216,000. ...
Airbnb's European chief denies it is driving up London house prices image
Source : Guardian [Read Article] Thursday 29th of September 2016 09:52:23 AM
. The European head of Airbnb has disputed claims that the company is driving up property prices and exacerbating London’s housing crisis. ...
REVEALED: The commuter towns that could save home buyers almost £500,000 image
Source : Daily Express [Read Article] Tuesday 27th of September 2016 04:24:00 PM
....Wellingborough, Southend, Sittingbourne and Rugby are around 60 minutes from the capital and have an average house price of £294,903, more than half the typical price of £741,919 for a property in central London, Lloyds Bank found. The difference would save buyers a staggering £447,000 - or around 60 per cent - on property prices. ...
Property funds back in business after Brexit vote closures image
Source : Guardian [Read Article] Saturday 24th of September 2016 06:00:25 AM
.... McLennan adds that much of her portfolio is on 10-year leases, meaning the future income stream is secure. But a report from Moody’s, to be published next week, will forecast that UK commercial property prices will decline by around 10% over the next two years. ...
How to live the Good Life without giving up the rat race image
Source : Guardian [Read Article] Saturday 24th of September 2016 06:00:24 AM
....“This was the first place we’d ever bought and we paid about £160,000 for a large three-bedroom property,” she says. “Accommodation here is valued in line with local property prices but it’s an amazing amount of space for the money, and you get all the extras that go with it, including the 40 acres of land along with a beautiful walled vegetable garden. ...
First-time buyers must wait seven years longer for home in south-east England image
Source : Guardian [Read Article] Thursday 22nd of September 2016 11:01:24 PM
.... In Carlisle and Torfaen in south Wales, the average first-time buyer age is 27, but this rises to 34 in several boroughs in and around London. The figures, based on mortgages approved by Halifax together with official data on earnings, show that the 10 areas with the youngest first-time buyers all have property prices below the national average of £200,754. ...

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