Property news

Is it really that bad being a first-time buyer? UK better off than many other global nations when it comes to affordability

The latest market analysis from Yopa , the full-service estate agents, reveals that first-time buyers (FTBs) in the UK may be paying 63% more to get a foot on the property ladder than they were ten years ago, however, they may still be better off in terms of relative affordability when compared to many other global nations.

Previous research by Yopa revealed that the average price of a first-time...

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The nation's most prestigious property with a monthly mortgage of £19m

he latest research by award winning mortgage adviser, Alexander Hall , has revealed that whilst a property close to Royal Ascot will see the average homebuyer pay £4,263 a month in mortgage costs, this monthly payment climbs as high as £19m a month for those with ambitions of snagging a real royal property.

This week, Royal Ascot will be in full swing, giving the average person a...

Buying in the Wye Valley: Can You Still Find Cheap Homes in Ross-on-Wye?

Tucked away on the edge of the picturesque Wye Valley, Ross-on-Wye has long been admired for its stunning scenery, historic charm, and friendly community. But with increasing interest in rural living and the growing popularity of the Wye Valley as a lifestyle destination, many are asking: Can you still find affordable homes in Ross-on-Wye?

Let’s take a closer look at what’s happening...

Modern rental properties command price premium of 18%

New data analysis by FCC Paragon reveals that renters who want to enjoy the many benefits of living in a modern property are facing a rent price premium of up to 18%.

Modern homes come with a number of benefits, including increased energy efficiency for lower household bills, less chance of experiencing frustrating maintenance issues, and access to more modern fixtures and fittings...

What is the Boiler Upgrade Scheme?

The Boiler Upgrade Scheme (BUS) is a UK government initiative launched in May 2022 to help homeowners transition from fossil‑fuel boilers to clean, low‑carbon heating systems such as heat pumps and biomass boilers . If you're planning to upgrade your heating system, this guide will break down what the scheme offers, who it’s aimed at, what’s not covered by the scheme, and what alternatives...

Expert advises on how to keep your home cool as temperatures top 32 degrees this weekend

While most Brits welcome a heatwave, the majority of our homes are not equipped to handle the higher temperatures. From stuffy bedrooms to humid kitchens, being inside during British summers can be an uncomfortable experience. And with temperatures tipped to reach 32 degrees tomorrow, the problem is set to peak.

But now an expert from MyBuilder.com, the reliable way to hire...

The Bank of England has just made the decision to hold the base rate to 4.25%

Stephanie Daley, Director of Partnerships at Alexander Hall, commented:

"Although a cut may have been the preferable decision, today's choice to hold the base rate once again will still be welcomed by homebuyers and remortgagers alike, as it reinforces the growing sense of consistency and strength in the mortgage market.

We've continued to see growing borrower engagement in recent...

Professional Polygamy: 1 in 10 people who WFH have taken on a side hustle

The latest research from The Global Payroll Alliance (GPA) , reveals that with 71% of those in full-time employment maintaining some degree of working from home, as many as 1 in 10 have picked up a side gig to help boost their income, with over a third admitting to earning this additional income whilst on the clocks with their main employer,

The survey of UK workers, commissioned by...

Majority of agents feel 'unsupported' amid Material Information changes, says Reapit survey

The withdrawal of National Trading Standards Estate Agency (NTSELAT) guidance on Material Information has created uncertainty and confusion across the property sector, and the government has yet to provide enough support for the industry, a new survey has revealed.

Of the 300+ property professionals who took part, over 96% revealed they feel unsupported as they try to navigate these...

The Most Affordable Coastal Towns to Buy Property in Britain

There’s something deeply appealing about waking up to the sound of waves and sea air drifting through your windows. For many, coastal living conjures up images of expensive retreats and high price tags—but the good news is, not every beachside location in Britain breaks the bank. In fact, several coastal towns remain surprisingly affordable for buyers looking for a slower pace of life, better...

Over-50s ditch south-facing gardens and their hefty price premiums

The latest research from over-50s property specialists, Regency Living , reveals that while most homebuyers tend to have a strong preference for south-facing gardens, among over-50s the relative cool of a north-facing garden is actually the preferred choice.

It has long been understood that homebuyers prefer south-facing gardens due to the fact that they bask in a greater amount of warm...

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