Inherited wealth or a loan from the ‘bank of mum and dad’ looks set to become critical to gaining young first timers a foothold on the property ladder in future, suggests research for the Social Mobility Commission.
Mayor of Southwark Councillor Kath Whittam has laid the first brick at an affordable housing development in Rye Lane, Peckham, south London.
There’s been a marked increase in the proportion of home buyers with small deposits, making up a fifth mortgage market in February, according to the market report from e.surv chartered surveyors.
The LibDems are claiming a win for tenants and landlords alike after the Government agreed to adopt proposals to ensure all lettings agents have client money protection (CMP) in place
Doncaster Council’s cabinet has granted planning permission to a development of bungalows for older people in Woodlands.
A letting agent, who kept hold of thousands of pounds in client deposits, has been jailed for 19 months.
Borrowing to buy a home showed a sharp drop in January, falling 28% on December, but otherwise unchanged on the year before, according to the Council of Mortgage Lenders (CML).
The collaboration of two trade bodies covering the engineered timber industry will benefit the housing sector by improving product quality and increasing skills, it is claimed.
Legal & General is to create over 170 Build to Rent (BTR) homes in Bath, after acquiring a city centre site for £47.5 million.
House prices in Scotland increased only marginally (0.1%) in January, with the average home now worth £171,407, up £137, according to the latest House Price Index for Scotland f