Residential
First time buyers facing higher prices also have less mortgage choice, says new report
The average cost of a first time buyer home in the UK reached £161,912 in June which means that the need for high loan to value lending is increasing, according to a new report. However, the number of high loan to value (LTV) mortgage products has fallen for the two consecutive months since the UK […] The post First time buyers facing higher prices also have less mortgage choice, says new report appeared first on PropertyWire . Continue reading
Average rent for one bed property in UK now over £1,000 a month
The average rent for a one bed property in the UK increased by 0.1% month on month to over £1,000 in August and are up 1.7% year on year, according to the latest index. But the nationwide figure is being skewed by growth in London as the average one bedroom rent when the capital city […] The post Average rent for one bed property in UK now over £1,000 a month appeared first on PropertyWire . Continue reading
Pilot scheme see UK housing association tenants become home owners
For the first time in the UK housing association tenants have become home owners under the new Voluntary Right to Buy scheme. Sasha Dudley and partner Peter Taylor from Croydon in London are some of the first tenants to benefit from one of the five associations piloting the new rights ahead of the scheme going […] The post Pilot scheme see UK housing association tenants become home owners appeared first on PropertyWire . Continue reading
