Housebuilder Bellway said this month that it has been buoyed by the Government’s Help to Buy scheme, reporting higher prices and a surge in demand since its introduction. The Newcastle-based group said it has seen average weekly reservations jump by nearly a third since the beginning of February, with 360 homes already reserved through the [read more…]
Archive for June, 2013
One in five Britons regrets house-buying mistakes…
A survey has shown 20pc of us regret being a hasty home owner according to a recent article in the Telegraph… Nearly one in five home owners admits they made mistakes when they bought their house, a new study has found. From failing to check for structural problems, to getting the wrong mortgage, almost 20pc [read more…]
House prices post strongest annual growth in 18 months…
House prices have recorded their strongest year-on-year growth in 18 months, in further signs that the market is gathering momentum according to a recent article in the Telegraph… House prices are now 1.1pc higher than they were a year ago, according to Nationwide, marking the fastest annual increase seen since November 2011. Prices edged up [read more…]
Why Borrowers are Rushing to Remortgage…
Remortgaging has been well and truly in the doldrums since the credit crunch. Not only have borrowers been less confident about releasing equity at a time when nobody’s job feels secure, but for many it simply hasn’t been worth switching. The historically low Bank of England base rate of 0.5% has meant that, over the [read more…]