The November 2019 release by the Ministry of Justice shows all mortgage possession actions in county courts increased in 2019. According to the repossession statistics, in 2019, mortgage possession claims increased by 42% while orders for possession rose by 35%. Warrants issued and repossessions also increased by 31% and 29% respectively, compared to the same […]
Read More… from Top 20 Mortgage Possession Hotspots in England and Wales
Those looking for a happier life should move to a home in the big city. At least, that’s the theory realised by Dr Jeanettte Bicknell, from York University in Toronto. Bicknell claims the fast-paced life of bustling areas – such as London or New York – drives a feeling of contentment among residents. Bicknell goes on […]
Hardly a day goes by when the issue of fly-tipping isn’t covered in national or regional news. It’s a crisis, affirmed by recent figures which show it is on the rise in England. Per the Department for Environment, Food and Rural Affairs, local authorities dealt with over 1 million fly-tipping incidents in 2016/17 – a […]
Read More… from Revealed: England’s Residential Fly-Tipping Hotspots
Much has been written on temporary accommodation in the UK, over the past few months. In fact, recent figures released by the House of Commons in their report Households in Temporary Accommodation (England) dictates there has been a 60% increase in the number of households in temporary accommodation in just six, short years. It’s a […]
Read More… from Households in Temporary Accommodation, England 2018
At the end of 2017, the Government banned leaseholds for almost all new build houses and announced new measures to “cut on unfair and abusive practices within the leasehold system.” The crackdown on what some call “feudal” practices has been announced in July 2016 due to a huge increase of concern about buying and living […]
Read More… from The Leasehold System is Very Much Alive, Despite Government’s Measures
Stamp duty land tax (SDLT) is the tax charged by the government when purchasing a property or land costing more than £125,000 in England, Wales and Northern Ireland. The stamp duty rates an individual must pay will vary depending on the price and type of property (residential or non-residential). The tax applies to freehold and […]
Read More… from Average stamp duty land tax per London borough
It’s no secret that properties sell better at certain times of the year. What is more, sellers can expect to get a better price if they put their property on the market at the “right” time. This is because at certain times of the year, especially spring, there are traditionally more home buyers and more […]
Read More… from More than 40% of properties in the UK sold on Friday
Per, The Self-Storage Association UK Annual Industry Report (2017) just 1% of the UK population currently use self-storage facilities and a further 5% are considering it as an option. However, this has not spoiled the demand in Europe; which now holds 3,104 self-storage facilities, totalling more than 90 million sq. ft. of space. The industry […]
Over the last few years, renting has become an increasingly popular choice for many, particularly for millennials. According to a study by YouGov, a quarter of households in the UK will rent privately by the end of 2021 rather than owning a house. With the increase in house prices and larger student loan debts, many […]
Buying a house is never a simple process, and comes with several financial complications to say the least. House prices in the capital is a particularly daunting topic, especially when you are a first-time buyer. So many questions will enter your head, from mortgages, to ISAs, and suddenly the realisation that you do not truly understand what […]
Read More… from Properties in London are 11.37 times the average salary – but who is better off?
For many home owners across the country, the garden is either their sanctuary or an afterthought. Either way, what many don’t realise is that a garden can add anywhere between 5-20% to the value of a property. Over the last few years, as house prices have rocketed, property seekers appetite for well-maintained gardens has surged. […]
Read More… from How A Garden Can Increase Property Value by 20%
Property prices in London are notoriously some of the most expensive in the world. With wage inflation stagnating below the upsurge in property prices, it has become very difficult for those looking to get a firm foothold on the London property ladder. Many people have therefore been forced into the private rental sector and some […]
Read More… from London’s Single Tenants Sacrifice More Than 50% of Their Monthly Salary on Rent