House values have skyrocketed in recent years as the economy has stabilised, and personal wealth is back to pre-recession levels. According to the latest stats from ONS, sales of properties valued over £1 million have increased 70 times in England and Wales since 1995. These premium property sales peaked at the end of 2014 at […]
Category: Property Market News
Why Britain’s young adults are still living at home
Ben Harper would have had an easier time of getting Janey, Nick and Michael to fly the nest when the show My Family first aired in 2000 than he would presently. In a recent survey conducted by ONS , the number of 20-34 year olds living with their parents has rocketed to a staggering 3.3million […]
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House price inflation is running at 11.4 per cent
It’s no surprise anymore when you hear about house price inflation. Though figures remain unsurprising to many, what is more disconcerting is how much the annual rate of house price growth is shifting. In a report released by Hometrack UK Cities House Price Index, it was recorded that house price inflation is running at 11.4 […]
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Houses Fit for Lottery Winners
After lottery winners David and Carol Martin scooped the biggest jackpot in history, getting their hands on £33 million in last week’s lotto draw, there’s sure to be a spectacular house coming off the market any day now… Here’s a selection of 3 very different (yet all phenomenal) properties the couple could snap up with their £33 million […]
UK house prices to rise by 50% in the next decade!
The price of the average UK home will rise by 50% in the next 10 years, say the National Association of Estate Agents and the Association of Residential Letting Agents. It has been forecasted that average UK house prices will rise to a mega £419,000 in the next ten years. From the £280,000 average price […]
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ONS September House Price tatistics
The average house price in England and Wales stands at £186,553, with an annual price change of 5.3 per cent as shown by data collected in September. House prices have increased only slightly by 1 per cent on a monthly basis and the number of property transactions has also decreased over the last year. Statistics […]
Britain’s population is to surge to 70 million in the next decade
Today ONS have released figures revealing that the sharp rise in their population forecast for Britain is largely down to immigration and Britain’s population is to surge to 70 million in the next decade. The UK population is projected to increase by 9.7 million over the next 25 years from an estimated 64.6 million in mid-2014 to […]
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Inside the 6,500 sq ft Georgian house Sir Alan’s Apprentice’s call home
Take a look inside the 6,500 sq ft Georgian house Sir Alan’s Apprentice’s call home. The mansion in Bloomsbury, West London, is where Sir Alan’s latest 18 recruits will be calling home for the duration of Britain’s most gruelling job interview; and it’s not too shabby (to put it mildly). This incredible 6 bedroom period property […]
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David Cameron’s affordable homes scheme is bad news for generation rent
In his latest conference speech, Mr Cameron has announced a relaxation of current planning laws with a view to increasing home ownership in Britain and shift from ‘generation rent’ to ‘generation buy’. David Cameron’s affordable homes scheme is bad news for generation rent. Currently, planning rules state that property developers are required to build affordable […]
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1 in 5 young and employed moving back in with parents
These are the latest statistics to come out from Shelter, emphasising the growing housing crisis for thousands of 20-34 year olds in England. This phenomenon is being dubbed ‘the clipped wing’ generation. This age group have been given many names, first, it was the millennials for being born during the millennium, generation Y to precede […]
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YO! Sushi founder has developed new homes!
This may sound like a scene out of a science fiction film and when you imagine what your first property may look like, you may be picturing a beautiful solid oak kitchen, a power shower and a bedroom large enough to accommodate all your belongings. But can you imagine yourself living in a house where […]
First Crossrail homes completed
Woolwich at Royal Arsenal has received the first wave of competed homes to be constructed. First Crossrail homes completed have been built above a new Crossrail station in preparation for the new transport system to commence by 2018. More than one thousand homes have been developed as part of two separate developments, one of which […]