Monthly Archives: May 2014

More than 7,300 homes sold under mortgage guarantee scheme as Prime Minister labels Help to Buy a “huge success”

More than 7,300 homes have been sold to people using the government-inspired Help to Buy mortgage guarantee scheme. According to the latest figures released by the government, 80 per cent of these properties were bought by first-time buyers. Most of … Continue reading

Posted in Lifestyle and places, New homes - events, New homes update, News | Tagged , , , , , , , | Leave a comment

First-time buyers using Help to Buy to sidestep house price inflation

New house buyers are bypassing four years of house price inflation by using the second part of the Help to Buy scheme. Homebuyers are using the mortgage guarantee element of the government’s incentive scheme to get onto the property ladder, … Continue reading

Posted in Lifestyle and places, New homes - events, New homes update, News | Tagged , , , , , , , , | Leave a comment

Number of mortgage approvals falls for third successive month

The number of mortgages approved by High Street banks has fallen for the third month in a row. In January, 48,000 home loans were approved. This fell to 45,045 in March and the latest figures show a further decrease to … Continue reading

Posted in Lifestyle and places, New homes - events, New homes update, News | Tagged , , , , , | Leave a comment

Builders fund excludes micro-builders, warns FMB

The government’s new £525 million Builders Finance Fund will improve access to finance for some small house builders. However, the minimum threshold of 15 units will exclude many small and micro-house builders, warns the Federation of Master Builders (FMB). “Most of … Continue reading

Posted in New homes - events, New homes update, News | Tagged , , , | Leave a comment

House prices rise by eight per cent in 12 months

Amid all the debate about a possible ‘housing bubble’ and the Help to Buy scheme’s potential impact on the housing market, house prices have increased again. The latest figures show that house prices rose by an average of eight per … Continue reading

Posted in New homes - events, New homes update, News | Tagged , , , , , , | Leave a comment

Lifestyle living development hosts residents’ arts and crafts exhibition

Residents at The Croft, a lifestyle living development for the over 55s in Bourne, Lincolnshire, are to display their own art and craft work at a public exhibition. On Saturday (24 May), residents and the wider Bourne community are invited … Continue reading

Posted in Lifestyle and places, New homes - events, New homes update, News | Tagged , , , , , , , , | Leave a comment

Home builders defend housing position after Bank of England governor’s concerns over ‘serious shortage of homes’

The organisation which represents UK home builders has defended the industry’s recent record on providing new homes. On Sunday, Bank of England Governor Mark Carney voiced his concerns about what he described as a serious shortage of homes available to … Continue reading

Posted in New homes - events, New homes update, News | Tagged , , , , , , , , , , | Leave a comment