Buyers obsessed with inflation ‘should be careful what they wish for’
Writing in its ‘Market Comment’ study for Autumn, the firm reflected on the current state of the UK – where high CPI inflation has combined with surging house price inflation.
Land & New Homes
Cornwall Council buys 130 homes
The homes are set to be built by developers Eco-Bos at West Carclaze Garden Village near St Austell.
Social housing greener than the private rental sector – calls for funding help
Social rented homes have a median score of 69 in England and 70 in Wales, equivalent to a rating of C.
Exclusive – ‘Gradual homeownership’ firm Wayhome unveils lofty ambitions to surpass shared ownership
The startup operates by identifying and buying properties, selling a share to a buyer and renting the rest of the share to them/
Newcastle is the university city with the best rental yield
Around Newcastle – home to the UK’s 20th best university – landlords can generate a monthly rental income of £1,508 against a house price of £192,567, giving the strong return.
Builder unveils Pendleton development ‘Spinners Quarter’
The development is named Spinners Quarter, in honour of the area’s rich textile milling heritage.
BuildLoan unveils self and custom build products with Furness
The products have rates 0.2% – 0.24% below the previous equivalent products, reducing its lowest rate from 3.79% to 3.59%.
Homeowner who built ‘Britain’s biggest man cave’ loses appeal to keep it
Graham Wildin from Gloucestershire has been told he needs to tear down the ’10,000 square feet man cave’ or face prison.
Paragon unveils incentive for green SME housebuilders
Developers using Paragon will receive a 50% reduction on loan exit fees.
Isle of Man landlords urged to save cash by signing up for registration scheme
The rules will set minimum standards on tenancies, property maintenance, and personal requirements.
