Property news

Gazumping & Gazundering Are Back: How to Protect Yourself in a Cutthroat Market

As the UK housing market experiences renewed turbulence, two old foes have re-emerged with a vengeance: gazumping and gazundering . Recent Google Trends data shows a dramatic 1,500% increase in searches for these terms, highlighting growing buyer and seller anxiety. But what exactly do they mean — and how can you avoid falling victim?

🔍 What Is Gazumping?

Gazumping occurs when a seller accepts...

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Castle green commits £1.6 million to daresbury community

STATE of the art technology is being used to showcase new homes in Daresbury before they’re built.

Castle Green Homes has outline consent to build 350 new homes across almost 31 acres of land close to the Bridgwater Canal.

Full planning permission is in place for 108 homes on land south of Red Brow Lane and a planning application for the remaining 242 homes on the northern...

Key worker deposit scheme launched in Oakhampton as new sales office opens

Key workers in the South West can now receive a deposit contribution of up to £15,000 towards a new home with the launch of David Wilson Homes’ new Key Worker Deposit Contribution scheme.

Key workers will be entitled to a deposit contribution of £750 for every £25,000 spent and can receive up to the value of £15,000. So, for example, when purchasing a £300,000 home, Barratt Homes...

Remortgagers driving forecasted lending increase in 2022 as homebuyer demand drops

The latest market analysis by mortgage experts, Revolution Brokers , has revealed that despite recent turbulence following a string of base rate increases, the total sum of lending secured across the UK property market is on course to sit two per cent higher than it did in 2021.

Based on an analysis of lending data from the Bank of England, the research by Revolution Brokers...

An estimated £82.7bn worth of rental properties thought to be occupied by fraudsters

Market analysis from Ocasa , the specialist rental platform, reveals that almost 280,000 UK rental properties, with a combined market value of £82.7 billion, are thought to be occupied by fraudsters.

The rental market has long been a leading target for fraudsters, criminals, and money launderers. Previous research estimates that 5% of all rental stock is being let to criminals and...

Average mortgage cost forecast to fall in 2023

The latest research by specialist property lending experts, Octane Capital , has revealed that the average homebuyer can expect to pay £166 more per month as a result of the latest base rate increase by the Bank of England, although this monthly repayment is expected to fall by £188 come this time next year.

Octane Capital analysed the cost of homeownership based on a variable rate...

Anwyl Offers The Chance To "See" Inside New Homes in Catterall Before They're Built

AN immersive virtual reality experience enabling buyers to “see” the future will change the way people buy new homes from Anwyl.

Due to open from November 26, Cross Fields in Catterall will be the first Anwyl Homes development to feature the company’s new look sales centres, complete with digital technology that will enable buyers to experience the development before it’s been built...

Save With A Move To An Energy Efficient New Home In Lancashire

EXPANDING the search area and switching to an energy efficient new home in Lancashire could offer substantial savings for savvy buyers.

New homes at Redwood Gardens on the Fylde peninsular are the ideal solution for those who want to live close to Lytham without the hefty price tag the area commands.

They’re energy efficient, with the potential to reduce household bills by...

Hundreds register interest in new homes coming soon to Ilfracombe

An eagerly anticipated housing development in North Devon is set to launch in 2023, Elan Homes has announced.

Hundreds of people have registered their interest in Seascape in Ilfracombe a 51-home development, within walking distance of Ilfracombe town centre.

Around a mile from the beach, the properties will be much sought-after.

Elan regional sales director Tracey...

£76,000 - The cost of homeownership in the first year alone

The latest research by estate agent comparison site, GetAgent.co.uk , has revealed that the average homebuyer across England is now paying almost £76,000 during the initial year following a property purchase, although this cost climbs as high as £209,329 in some areas of the market.

GetAgent analysed the current cost of homeownership, not only taking into account the initial hurdle...

Switch To An Energy Efficient New Home in Swinton

A MOVE to an energy efficient new home in Swinton could lead to substantial savings for savvy buyers.

Birchfield Court is an intimate, gated new community being shaped by Elan Homes.

Once complete it will feature just 20 properties, yet despite its exclusivity it compares favourably with nearby Worsley in terms of price.

For example, figures from home.co.uk suggest...

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