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Use pensions to fund first-time buyer pu...

Use pensions to fund first-time buyer purchases, says housing secretary Brokenshire

by: Liz Bury Housing secretary James Brokenshire MP has proposed that first-time buyers should be allowed to dip into their pension pots to fund deposits for buying a home. The MP for Old Bexley and Sidcup was offering “some personal ideas” to Conservative party leadership contenders on how to “empower consumers in the housing market”. “We […]

House prices up 5% in year to April

House prices up 5% in year to April

New property price data shows robust rises over the last year, but why are the monthly figures so erratic? House prices in the three months to April were 5% higher than in the same three months a year earlier, said Halifax – a robust and surprise increase in a market that had been considered muted. […]

Buying vs renting – which is Buying vs r

Buying vs renting – which is Buying vs renting – which is cheaper?

The gap is closing but who is better off by £366 a year – tenants or homebuyers? The gap between the cost of buying a home and renting one is down 59%, to its lowest level in nine years, according to Halifax. Buyers are now saving an average £366 a year compared to renters, down […]

Government unveils strict landlord rules...

Government unveils strict landlord rules for electrical safety

Landlords offering private rental accommodation will have to comply with new rules for electrical inspections, or face ‘tough financial penalties’ under government plans. Mandatory electrical checks must in future be carried out by competent and qualified inspectors, housing minister Heather Wheeler said. The rules are designed to give tenants better protection and keep people safe […]

Which region saw the strongest growth in...

Which region saw the strongest growth in house prices in 2018?

With average prices rising by over £12K in 2018, this region is far outpacing London The West Midlands was last year’s regional house price winner, according to Halifax, recording a robust rise in house prices of 6.5%, compared to 5% in 2017. The region also boasted the largest cash terms price increase during 2018 – […]