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…