Halifax opens route to homeownership
First-time buyers can now get a mortgage on a new build property with a 5% deposit, down from 10%.
Whether you are an existing landlord or want to Buy-to-let, whether you are a property developer or looking for your first investment project – the latest land and new homes investment news and stories from around the UK brought to you by Property Investor Post, covering brownfield, greenfield and agricultural land investment, are an essential daily read.
First-time buyers can now get a mortgage on a new build property with a 5% deposit, down from 10%.
The build-to-rent sector accounts for a third (34%) of all new build delivery across London in 2021, research from rental platform Rentd has revealed.
Liverpool is the UK’s number one property hotspot based on price growth and rental yields, according to a new report.
The largest cities in the United States, United Kingdom and Canada are currently leading the world when it comes to rental growth in the Prime areas, Knight Frank research shows.
The London markets of Chiswick (51%), Barnes (51%) and Wandsworth (48%) are home to the current highest demand for Prime properties, according to analysis from agent Benham and Reeves.
Regional mayors could have the power to stop people renting out second properties for less than 90 days under plans being drawn up by housing secretary Michael Gove, The Telegraph reports.
Knight Frank has revised up its prediction of house price growth in 2022 from 5% to 8%, saying the housing market is taking longer than anticipated to recover from the distortions caused by the pandemic and the stamp duty holiday.
Over the course of the pandemic house prices have outstripped income growth in multiple areas, making it harder to afford to buy, analysis of ONS data from Legal & General Surveying Services shows.
A staggering £194.3 billion homes are laying dormant in the current market, research from estate agent comparison site GetAgent.co.uk has found.
London continued to see an imbalance between supply and demand in May, which Chestertons estate agency said puts further pressure on prices in the capital.