Major insurance company Prudential has just signed a contract to enter the UK residential property market. Prupim, the real estate management part of the company, has struck a deal with builder Berkeley to buy 534 high quality houses and flats in 13 locations...
A heated row between Shadow Chancellor Ed Balls and Chancellor George Osborne has reportedly erupted over plans for a government initiative for helping first time buyers get on the property ladder.
Available to buyers with low deposits across the UK,...
According to the latest SmartNewHomes index, the average price of new homes in the UK in October was down 3.3% on a monthly basis. However, the good news for owners and developers is that house prices for new builds are still up 3.8% annually.
The...
House prices rose by 0.5% in January according to the Halifax. The high street lender also found that house prices in months from November 2012 to January 2013 were up by 1.9% in comparison to the preceding three months. However, they fell by 0.2% in...
New research from Miller Homes claims that those who buy a new build can save up to £300 per year on their energy bills.
Chris Endor, chief exec of Miller Homes, said: “With energy prices on the increase again we all know how difficult the winter months...
According to the latest report from Halifax, buying a home in the UK is on average £120 cheaper per month than renting one. The high street lender’s data also showed that typical homebuyer costs have dropped by 34% since 2008, whilst rents have increased...
Mortgage rates have hit record lows as lenders compete to attract borrowers. Those who can afford to put down higher deposits can take advantage of rates as low as 2.69% from the likes of First Direct. The lender has just launched its lowest ever rate...
Mayor of London Boris Johnson has called for the coalition government to give the green light to a radical new scheme which involves using money collected in stamp duty land tax to build the 1million-plus new, high quality homes needed in the capital...
January saw good news for second movers, as Housing Minister Mark Prisk confirmed its NewBuy scheme will be extended to existing home owners. During the first six months of 2013, it will be possible to trade in an old property for a new build home.
The...
Lloyds Banking Group has announced what it claims to be the UK’s biggest commitment to help first time buyers by pledging to lend £6.5bn to this group in 2013. The aim is to lend money to 60,000 people struggling to get on the property ladder by the end...