Deposits

First time buyers better off than renters for eighth year, latest review shows

First time buyers in Scotland are on average £860 a year better off with their own home compared to those who rent, according to the latest research. The average monthly costs, including mortgage payments, associated with buying a typical three bedroom house stood at £522 in December 2016, some £72 lower than the typical monthly […] The post First time buyers better off than renters for eighth year, latest review shows appeared first on PropertyWire . Continue reading

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Buying conditions better for second steppers in UK but they don’t think it is

While property market conditions have significantly improved in the UK over the past six years, buyers and sellers face fresh frustrations and lack of confidence in moving to the next step, new research has found. Second Steppers, mostly couples and young families moving on from their first time buyer home, think it will be harder […] The post Buying conditions better for second steppers in UK but they don’t think it is appeared first on PropertyWire . Continue reading

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Official data shows where homes in England and Wales are least affordable

A quarter of neighbourhoods in England and Wales were off-limits to many prospective home owners last year because average income in these areas was below the level needed to buy, new research suggests. According to analysis of data from the Office of National Statistics (ONS), the cost of an entry level property on average across […] The post Official data shows where homes in England and Wales are least affordable appeared first on PropertyWire . Continue reading

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