First-Time Buyers More Optimistic, but Still Face a Struggle
First-time buyers are feeling more confident about their home-ownership prospects, new research has found. The Q3 2017 First-time Buyer Index from Aldermore bank found that 35% of first-timer buyers believe that buying their first home will be extremely difficult. This is a drop from the 39% who felt the same in 2016. Obstacles Facing First-Time […]
Study Reveals Growth in UK Property Market
There has been a rise in the average value of property in the UK during the first half of 2017, but this growth is considerably less than that experienced over the same period last year. According to property website Zoopla, the total value of the British property market has grown by 1.10% (or £88 […]
Getting on With the Neighbours
One possible area of concern for people buying a new house is whether they will get on with their new neighbours. Interestingly, a recent study by Bank of Scotland found that while many people would say they have good neighbours, far fewer say they view their neighbours as good friends. The research found that 46% […]
House Price Growth Steady at Start of Year
The start of 2017 has seen ‘broadly stable’ annual house price growth amounting to 4.3%, according to Nationwide’s House Price Index for January. This is only slightly below the annual growth rate of 4.5% recorded in December 2016. On a monthly basis, house prices rose by 0.2% in January, after seasonal factors were taken into […]