Monthly Archives: May 2015

Right to Buy to be extended

The Government confirmed its controversial new extension to Margaret Thatcher’s legislation in the Queen’s Speech this week. The Housing Bill will extend the Right to Buy to 1.3 million housing association tenants and seeks to introduce sweeping new measures including … Continue reading

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Mortgage rates at record lows

The Yorkshire Building Society has launched what it says is the lowest ever fixed rate mortgage. The new product offers an interest rate of 1.07 per cent over an initial two-year period. The cost is 4.5 per cent APR on … Continue reading

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Government must deliver on promises to maintain housebuilding momentum industry warns

Recent official statistics show that 40,340 new homes were started in England in Q1 of this year, the highest quarterly number since 2007. The figures show that the momentum from 2014, which saw 137,310 new homes started, up 10 per … Continue reading

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Numbers of young first-time buyers set to plummet

The number of people aged 25-34 able to get a foothold on the property ladder could plummet by half before 2020 a new report has found. According to recently published research from the housing charity Shelter, by the end of … Continue reading

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Government claims ‘surge’ in housebuilding

The latest housebuilding figures from the Department of Communities and Local Government show housing starts have more than doubled since those seen during the same period in 2009 – with both starts and completions rising over the past year. The … Continue reading

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First time buyers find their feet

The number of first time buyers relying on the Bank of Mum and Dad for support has dropped significantly according to recent research. Clydesdale and Yorkshire Banks’ Annual First Time Buyers Survey has revealed that less than half (46 per … Continue reading

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Housing market sluggish as first time buyer activity falls

The total number of loans advanced to first time buyers is still five per cent lower than it was a year ago according to the latest figures from the Council for Mortgage Lenders (CML). The total number of loans advanced … Continue reading

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