Tag Archives: affordable mortgages

First time buyer mortgage affordability improving

The amount of money first time buyers have to pay from their incomes to service their home loans is at its lowest ever level according to data from the Council for Mortgage Lenders (CML). First-time buyer loan sizes have increased … Continue reading

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Sharp rise in new-build housing starts across England

The number of homes being built across England has increased by almost one third over the past 12 months. New government figures show that starts were made on more than 133,650 homes in the year to the end of March. … Continue reading

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New homes selling fast as housebuilders make strong starts to 2014

Three of the country’s largest housebuilders have made strong starts to the new year. Taylor Wimpey, Persimmon and Countryside all report impressive sales increase for the first three months of the year compared with the same period in 2013. Orders … Continue reading

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Housebuilder profits rise as consumer confidence returns

A marked improvement in the housing market has played a significant part in boosting Persimmon Group pre-tax profits by almost 50 per cent in 2013. The volume housebuilder has reported profits of £330 million compared with £222 million in the … Continue reading

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Housing shortage could last 10 years, says UK Chancellor

Chancellor George Osborne has warned that it could be another 10 years before enough homes are built to satisfy demand across the UK. In an address to the Lords Economic Affairs Committee, the chancellor said measures are in place to … Continue reading

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Warning over “unsustainable” price increases as housing market recovery gathers momentum

House price increases could become “unsustainable” in some regions unless more homes are made available to meet rising demand. The warning comes from the influential Royal Institution of Chartered Surveyors (RICS) which reports that the number of properties sold across … Continue reading

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30 per cent of house builder’s 2014 homes already sold!

Another major UK house builder has reported increased sales, fuelled in part by the government’s Help to Buy incentive scheme. Taylor Wimpey has already sold all of the homes it is building this year – together with 30 per cent … Continue reading

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