Development
Last year saw second highest number of new homes in UK in almost a decade
More than 150,000 new homes were registered by warranty and insurance provider for new builds, the NHBC, in 2016, the second highest in almost a decade. The figures show that a total of 151,687 new homes were registered but this was a slight fall of 2% compared to 2015 when 155,504 new homes were registered. […] The post Last year saw second highest number of new homes in UK in almost a decade appeared first on PropertyWire . Continue reading →
Basement extensions becoming more popular in the UK
The extent of the trend for home owners in the UK to build basement extensions is revealed by new research which shows planning applications for this kind of work has increased by 9% in the last two years. But in London they are even more fashionable with a rise of 11% in applications to local […] The post Basement extensions becoming more popular in the UK appeared first on PropertyWire . Continue reading →
Low mortgage rates keeping affordability low for home borrowers in UK
Historically low mortgage rates are the main driver behind a significant improvement in affordability for home borrowers in the UK since 2007, new research shows. Mortgage affordability, that is the proportion of income spent on home loan payments, has remained well below the peak of 2007, according to the study from lender the Halifax, up […] The post Low mortgage rates keeping affordability low for home borrowers in UK appeared first on PropertyWire . Continue reading →




