Tag Archives: property ladder

Our rented house, in the middle of our street

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Due to an unbalanced economy, ineffectual saving schemes and unrealistic deposits required in order to secure a manageable mortgage; young adults are forcibly being pushed down the renting route when looking to move into their own property. In an earlier article, we discussed how the number of young adults opting to live with their parents has skyrocketed over the last couple of decades – an increase of 618,000 in under 20 years (ONS). It would also appear that those who do not have this option, owing to shrinking house sizes and the need for additional space for families with young […]

YO! Sushi founder has developed new homes!

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This may sound like a scene out of a science fiction film and when you imagine what your first property may look like, you may be picturing a beautiful solid oak kitchen, a power shower and a bedroom large enough to accommodate all your belongings. But can you imagine yourself living in a house where a dining room table appears from a compartment in the floor, a king size bed that lowers from the ceiling above you and walls that slide away to provide extra room? YO! Sushi founder has developed new homes! This is the exact vision initiated by […]

New Home Building is up by 15 per cent

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To build or not to build is not exactly a choice for the British population. Many areas of the UK have been promised new housing developments to accommodate a growing population. The latest statistics from ONS has reported that new home building is up by 15 per cent year on year. There were 131,000 new homes completed in the UK in the last 12 months and the highest annual total since June 2009. The new rate of housing built is expected to rise to meet the government’s target of 275,000 per year by 2020. Housing Minister Brandon Lewis welcomed the latest […]

House Prices are Up by 5.7%, ONS Stats Show

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The Office for National Statistics (ONS) has today released the latest House Price Index, showing house prices are going up by 5.7% in the year to May 2015, a natural increase from 5.5% in the year to April 2015. The monthly release of data by the ONS is calculated using mortgage financed transactions that are collected via the regulated mortgage survey by the Council of Mortgage Lenders, covering the majority of mortgage lenders in the UK. Throughout the month of May, house prices in England were driven by an annual increase in the east of 9.3% and the south east […]

What’s in a Street Name? Can it Add Value?

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What’s in a name? Well, it turns out that if it is a name of a street or village it can mean quite a lot. Unusual and funny place names are not uncommon in the UK, but some are so embarrassing that many buyers are put off from purchasing a property on the road. According to research by needaproperty.com, 60% of people said they wouldn’t consider living on a street with a suggestive name, whether it be Backside Lane, Butt Hole Road or Crotch Crescent – and who can blame them! Can a street name increase or decrease a property’s […]

Gettting divorced, don’t panic!

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Selling your house online may not be the so called conventional method. Getting divorced, don't panic! There may be many reasons you wish to sell your house quickly and one may be due to a divorce, in which a home becomes a central component of division. Not only a complicated financial hindrance but a divorce can also be devastating to those involved and what may be the future of one’s family home. There are many options to digest and selling your house online can provide a quick sale for both parties involved, taking the pressure off a difficult and stressful […]

Homeowners Are Cashing in Fast

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Homeowners are cashing in fast on the increased equity in their homes gained by rising property values. On average they borrowed £9,069 more than a year ago according to the Mortgage Search Tracker from Mortgage Advice Bureau. Releasing cash by remortgaging means owners can use the money to clear property debts, pay for home improvements or spend on other things such as a wedding, holiday or new car. Using equity to pay off debts can be risky. For example, with credit card debt, there could be a temptation to slip back into old habits and spend on cards that have […]