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 First-time buyer activity up again in March

cml_logoFirst-time buyer activity remained strong in March with the number of first-time buyers increasing by 20% according to data published today by the Council of Mortgage Lenders.
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 Sales of million pound homes at highest since 2007

houseline201The number of properties selling for over £1 million increased in 2012, reaching the highest level since the height of the housing boom in 2007, according to latest research from Lloyds TSB.
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 A quarter of purchases in 2012 were above £250,000

houseline171Research by Halifax Intermediaries Premier Mortgages team reveals that properties purchased above £250,000 made up 27% of total transactions in 2012.
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 Home affordability in Scottish cities improves by nearly a quarter

roof3Home affordability for city dwellers in Scotland has improved by nearly a quarter since 2008, according to the Bank of Scotland Affordable Cities Review. Read more »

First time buyers are aiming high when it comes to the size of house they want to buy, according to new research from Clydesdale and Yorkshire Banks.

Lloyds TSB has reported that little has improved in the past year for those first-time sellers looking to take the second step on the housing ladder.

Principality is working with builders to give buyers with low deposits access to new build properties with mortgages of up to 95% Loan To Value (LTV) via a brand new guarantee scheme.

The British Property Federation has welcomed Government plans to introduce new permitted development rights to convert offices to homes without planning permission.


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