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Report brands new homes in England as unaffordable and of poor quality

The current system of house building in England is failing families by producing high priced and poor quality homes that eight in 10 families cannot afford, a new report claims. Some 83% of families who rent cannot afford to buy a typical new build home across the country even if they used the Government Help […] The post Report brands new homes in England as unaffordable and of poor quality appeared first on PropertyWire . Continue reading

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Home buyers in Scotland borrowed less towards the end of last year, latest figures show

Home buyers in Scotland borrowed £2.2 billion in the final quarter of 2016, down 0.5% quarter on quarter and 3% year on year, the latest data shows. They took out 16,800 loans, down 1% compared to the previous quarter and 3% on the fourth quarter 2015, the figures from the Council of Mortgage Lenders (CML) […] The post Home buyers in Scotland borrowed less towards the end of last year, latest figures show appeared first on PropertyWire . Continue reading

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New home starts in England up by 5% last year, but completions fell

The number of new homes started in England continued to rise last year and reached the highest level since 2007, the latest official data shows. Some 153,370 new homes were started in the year to December 2016, up 5% on the previous year and more than 140,500 homes were completed in the same period, according […] The post New home starts in England up by 5% last year, but completions fell appeared first on PropertyWire . Continue reading

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