Transactions bounced back strongly for first time buyers in the second half of 2020 despite a 10.0% rise in house prices.
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Category Archives: First Time Buyers
Rapid start to the year as buyer demand increases 13% across all regions and new house prices highs despite the third lockdown.
The number of 10% deposit mortgage deals almost double as lenders offer first time buyers more choice to get on the property ladder.
Strong demand from affluent home movers has boosted the total value of sales agreed by 26% in 2020 compared to the previous year.
The government is not considering a stamp duty holiday extension after calls for more time following the latest Coronavirus Tier 4 rules.
Rightmove has forecast average asking prices rising 4% across the UK in 2021 as people place housing ahead of economic uncertainty.
For the month of November a survey from Halifax showed 14% of households believe the value of their homes has increased.
Demand for housing is a third higher than a year ago although it has been slowing since the start of the stamp duty holiday.
It helps sellers and buyers if properties can sell fast and here are the results from Zoopla of the top 20 fastest selling UK homes.
Lockdown demand remains high with new sellers pricing keenly to complete before the stamp duty holiday which ends next March.