Demand for property from new buyers entering the market has maintained pressure on house prices rising 2.6% for the year.
Category Archives: Home Movers
Second steppers looking for larger homes are driving the price of three and four bedroom properties to new record high prices.
Homebuyers are more reliant than ever on the bank of mum and dad funding nearly a quarter of all housing transactions.
The number of house sales have reached a record for the last ten years as summer holidays are replaced by moving home.
HSBC has cut rates to 1.14% on higher loan to values benefiting existing homeowners looking to move or remortgage.
Help to Buy schemes have been extended to March 2021 allowing thousands of homeowners to complete on their new build properties.
Post lockdown the UK housing market is in a mini-boom with asking prices at record highs and rising £7,640 this month.
Almost a third of the UK workforce intend to continue working from home to save the plant in a self imposed green lockdown.
The Chancellor has launched a stamp duty holiday to help kick start the property market saving buyers thousands for a new home.
The number of sales are 4% higher than the pre-lockdown level rebounding in the northern cities of Leeds, Sheffield and Manchester.