by Taryn Johnston | Feb 22, 2022 | Mortgages
February has seen the biggest monthly rise in house prices — in cash terms — according to the latest Rightmove property index. According to this property index, asking prices in February hit a record high of £348,804 — a rise of £7,785, or 2.3% when compared to the...
by Taryn Johnston | Nov 4, 2021 | Mortgages
Property prices have risen by 10% in the last year, as the housing market defied the pandemic The price of a typical UK home has topped a quarter of million pounds for first time, according to Nationwide, hitting £250,311 in October. The building society said that...
by Taryn Johnston | Sep 30, 2021 | Mortgages
The Bank of Gran and Grandad was open for business during the stamp duty holiday, gifting £437.3m towards buying homes for younger relatives over the last 15 months, according to Key. The relief from the tax ends on Thursday, but during that time over-55s have given...
by Taryn Johnston | Sep 28, 2021 | Mortgages
The Labour Party has pledged to set up a ‘building works agency’ to fund post-Grenfell repairs. Speaking at the Labour Party Conference, Shadow Housing Secretary Lucy Powell said her party has “a plan” to solve the building safety crisis if re-elected. Shadow...
by Taryn Johnston | Sep 6, 2021 | Mortgages
Research by Comparethemarket.com analysed data from the Office for National Statistics (ONS) from 1992 to 2002 and predicted the UK average house will cost £323,718 by 2031. In London, it is expected this could rise by a third to an average of £619,568. This will...
by Taryn Johnston | Jul 27, 2021 | Mortgages
Nationwide Building Society is leading an action plan to tackle the UK housing crisis, which it says has been compounded by the pandemic. More than 25 major organisations have come together and formed action groups that will collaborate to help solve existing and...