A clause in the government’s help-to-buy ISA that could make it harder for first time buyers to get on the property ladder has come under attack.
Read the article here.
All posts by paul1
Couples buying jointly with unequal deposit contributions routinely forgoing legal protection
“Buying a first home today can involve a bewildering array of joint-buyers, gifts and loans from parents, other relatives and support from government incentive schemes. This can lead to large imbalances between the contribution of one buyer and their family, and the contribution of another buyer.”
Read the article here.
Housebuilding dips further as report calls on Government to build 50% more
“The Government’s target of one million new homes by 2020 is not based on a robust analysis. To address the housing crisis at least 300,000 new homes are needed annually for the foreseeable future. One million homes by 2020 will not be enough.”
Read the article here.
Average house prices in British seaside towns up over 30% in 10 years
House prices have increased by 32% across British seaside towns over the past decade, amounting to £440 per month, according to the latest research.
The annual Halifax Seaside Town Review revealed average house prices have grown from £166,565 in 2006 to £219,386 in 2016, equivalent to an average increase of £440 per month.
http://www.propertywire.com/news/europe/uk-seaside-towns-premiums-2016060111983.html