Tag Archives: flat

Fewer first time buyers in London taking out mortgages compared to a year ago

Fewer first time buyers in London took out mortgages compared with a year ago which could be a sign that rising house prices and lack of affordable homes to buy is affecting their ability to get on the housing ladder. First time buyers borrowed £3.1 billion in the third quarter of 2016, up 7% on […] The post Fewer first time buyers in London taking out mortgages compared to a year ago appeared first on PropertyWire . Continue reading

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Survey suggests stamp duty is significant barrier for first time buyers

Would be first time buyers believe that not having to pay stamp duty would make buying a home more affordable as the property tax is a significant barrier to doing so, a new poll shows. Some 60% of those looking to get on the housing ladder in the UK said paying no stamp duty would […] The post Survey suggests stamp duty is significant barrier for first time buyers appeared first on PropertyWire . Continue reading

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Number of new homes being built in England is rising but more are needed

There was an 11% increase in the housing supply in England in 2015/2016 and new delivery was up 5.7%, according to official figures but the industry warns that more are needed. The statistics from the Department of Communities and Local Government (DCLG) show that housing supply increased to 189,650 but this was still below the […] The post Number of new homes being built in England is rising but more are needed appeared first on PropertyWire . Continue reading

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