Has the UK property market peaked?

According to property management firm, Apropos, not only has the market peaked, it has begun to fall back on itself with average prices sliding across all parts of the country. The family-run property management businesses, run by brothers David and John Alexander, has analysed official data and found that average prices in all parts of the UK (with the exception of Wales which continues to increase in average price) peaked between August and November of last year with average prices in London having reached…

Mansfield BS announce cuts across Versatility products

Mansfield Building Society has announced that it has reduced rates across its Versatility discounted mortgage product range with pricing now starting at 3.49% up to 4.49% variable. Versatility is The Mansfield’s range of mortgage products where an application may need more individual underwriting expertise. The range is split into four bands, depending on the level of complexity, and covers off a number of different application types including: • Mortgages for those with a limited employment or self-employed history• Mortgages on unusual property types•…

“No part of the country untouched by construction” promises Housing minister

The housing minister Kit Malthouse sent a strong message to the Better Design for Better Places conference in Birmingham yesterday, calling for a “golden period of housebuilding” Malthouse said that with the increase in housing output, he was seeing more resistance to development from a design perspective. The Minister explained: “People are feeling what’s being designed is ubiquitous and not fitting in with communities,”. He had learned from his constituency in North West Hampshire that the “bulk” of objection to new housing concerned…

Stock issues could see shared living hit 1.2m by 2027

Since 1992, Single White Female has made the thought of a room share a little terrifying on the off chance you might accidentally end up with your own Hedy. However, in 1996 there were some 900,000 people living in shared accommodation either as unrelated adults or multi-family households and this went on to break the one million mark by 2007, increasing by another 100,000 by 2017. Today, the continued increase in rental prices, driven largely by a lack of suitable rental properties, means…

Where are the best house-share cities for young professionals and students?

The latest research and analysis carried out by broadband and utilities provider, Glide, has ranked cities across the UK on house share opportunities, job opportunities, amenities and affordability to find the best locations for young professionals to house share. The research ranked the biggest UK cities on a range of measures, including the number of house shares in the city, number of job opportunities advertised, the cost of rent, university rankings and broadband speed – resulting in a top ten for those studying or…

Tesco announce cuts to homemover and remortgage rates

Tesco Bank has announced that it has cut rates on products that are part of its its homemover and remortgage ranges. According to the lender, two-year fixed rate homemover products are now available from 2.27% at 90% LTV and 3.18% at 95% LTV with £500 cashback and no fees. Five-year homemover rates have been reduced to 2.70% at 90% LTV and 3.60% at 95% LTV with £1,000 cashback and no fees. Tesco Bank also announced that new three-year remortgage products with a £995…

Top Tips to find the perfect love nest

Valentine’s Day is usually one of the most popular days of the year for couples to get engaged or decide to move in together, so this week will see many couples up and down the country beginning the search for the first home they’ll share together. But where do you start? Quick Move Now’s top tips will help you on your way… Be clear about what you’re looking for – before you let excitement get the better of you, sit down with your…

What makes a good ‘lock up and leave’ property?

Move over gap year teens, According to data released by the Association of British Travel Agents, over 65s are more likely to take a foreign holiday than any other age group. And they’re increasingly looking for excitement and variety, swapping cruises and golf trips for bucket list type adventures that are likely to extend beyond the usual one or two weeks in duration. A survey of residents of Cognatum retirement estates shows that over 20% of their residents expect to spend two months…

Where is currently the best place to buy a home in England?

A perfect balance of affordability and low crime rates surely has to be high up on the list of priorities for prospective homebuyers. And, it’s safe to assume that some areas will fare better than others with regards to this. But where are they? The latest research from OkayLah.co.uk, looks at the total crime per capita (crime committed per 100 people) across each council region of the nation, comparing this to the average house price and scoring each area with an index score based…

In the Spotlight with Marc Trup

We caught up with Marc Trup, founder and CEO of cloud-based property management platform, Arthur Online. PR: How did you get into the property industry? MT: In 1998 I decided to sell my business and start investing in property. Property seemed like a good fit for me because I have always been interested in the idea of buying to let, and at the time it promised a very good return on investment. It was actually when I was running my own portfolio…