Polski Dzial Rise in Multiple Property Ownership
There has been a sharp rise in the proportion of adults owning more than one property in the UK, according to new research by the Resolution Foundation. The study found a 30% increase in multiple property ownership between 2000-02 and 2012-14, with numbers rising 1.6 million to 5.2 million people (one in ten adults). Generational Split […]
Scotland’s Most Expensive Property Locations
Edinburgh is Scotland’s most expensive property location on a per square metre basis at £2,492 compared to the Scottish average of £1,529, new research from Bank of Scotland has revealed. Edinburgh is also apparently the only city in Scotland to have an average house price per square metre higher than the British average of £2,260. […]
First-Time Buyers Face Record High Prices
The first six months of 2017 saw a 3% increase in the number of first-time buyers, taking the total to an estimated 162,704 compared to 154,200 in the same period of 2016. Rise in First-Time Buyer Numbers According to the latest Halifax First Time Buyer Review, a decade ago just over a third (36%) of […]
Rise in Number of First-Time Buyers
The number of mortgages granted to first-time buyers in the third quarter of this year is at its highest level since 2007, according to new figures from the Council of Mortgage Lenders (CML). In total, first-time buyers borrowed £940 million, up 3% on the second quarter and 6% on the third quarter last year. This […]