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For most of us, we only expect to need to borrow a deposit for a property the first time we buy. However, for many, they have to ask their parents for more money when buying their second home. “Second steppers” in Scotland have to ask for even more money the second time they want to move because getting a loan for a property is becoming even tougher to get.
Nearly one in six of these second steppers are having to ask for a contribution as the […]
The great North/South divide in England is seen through the economic and cultural differences between the two regions. While some differences can be definitively proved through research, others consist mainly of stereotypes and presumptions. When it comes to property, market values throughout the past confirm that the south tends to have higher priced homes for sale.
Today the property analytics company, Hometrack, announced that UK property prices increased by 0.2% this month. Upon further inspection they found that this rise was driven by price increases in […]
With the Queen’s Diamond Jubilee celebrations starting from the 2nd June in just 2 weeks, it seems like the main occasion to kick off the beginning of the summer season. However the UK weather hasn’t received the message as we continue to experience a mixture of rain, wind and light clouds, with just a taste of blue skies and sun.
Constant great weather throughout the summer is not a great demand and climate is an important factor to consider when buying a property in a new […]
Last week we looked at the worst neighbourhoods on television. Today our Friday Five looks at the best TV neighbourhoods. If you could pick just one place to live from this list, where would it be? Maybe you can think of an even better onscreen neighbourhood. Let us know in the comment box below.
1. Beverly Hills 90210
Located in Los Angeles, California this affluent neighbourhood is the setting for the 90s TV show Beverly Hills 90210, which was revamped in 2008. It follows the shallow lives […]
The Scottish property market has had its fair share of ups and downs, like the rest of the United Kingdom. Just this week it was reported that average property prices here fell by almost £17,500. This puts buyers in a stronger position as many sellers are lowering their asking prices as well, and some industry experts expect this situation to remain the same over the next few months.
Flats and terraced houses were some of the few properties which have still been selling marginally above asking […]
In March 2011, the Land Registry released data on property sales that took place in February 2011 across England and Wales. The average house price at that time was £161,588 but the actual sale prices vary greatly. Since then the data has been continuously updated. The properties listed are either detached, semi-detached, terraced or flats/maisonettes. Today I’m going to find out how much the cheapest and most expensive properties sold for in each region this year and what postcode they were located in. Properties can […]
A specialist buy-to-let lender, Paragon Mortgages, found from their research that landlords receive a higher rate of return on their properties, in the North of England. The reason for this is because properties typically cost more in the South of England. Therefore a larger mortgage is needed to buy a property, so these landlords are unable to make much profit from their high rent prices compared to northern property landlords. So for those landlords who have a higher mortgage, searching for a cheap landlord insurance quote […]
“That’s when good neighbours, become good friends.”
In the UK’s case however this isn’t so. The Australian TV show, Neighbours, would be seriously lacking in useful storylines if it were set in the UK. The most dialogue between two neighbours would be when they both step outside their front door and share an extremely awkward hello to each other. Gone are the days of mothers stood outside their front door, gossiping with a cup of tea in their grasp. Children going to their friend’s house across […]
The United Kingdom has long experienced differences between the northern and southern regions of the country. They range from accents and local dialects to job prospects, cost of living and weather.
Lloyds TSB carried out an Affordable Cities review that revealed the typical price of a residential property in a city is £173,202. This is 5.5 times the gross annual average earnings and compared to 2008, house prices have fallen by 18% over the last 4 years. Looking in more detail at certain cities, there is […]
Normally, building an extension is something homeowners who live in their house choose to do. Their reasons could be due to a lack of space, the desire for an extra room or simply just to add value to the property. Adding an extension is a costly decision, which is why many landlords tend not to do it for the properties in their portfolio. It is a big investment and only those living in the house receive the benefit of the extra room.
However, if an extension […]