Agents top tips for house-hunters buying with friends or family
Would-be first time buyers struggling to raise large deposits or secure finance from reluctant banks could consider buying with family or friends as a potential solution to help spread the costs of buying and maintaining a home, the National Association of Estate Agents has suggested.
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First time buyers are driving demand, but sellers are cautiousDemand from the important first time buyer market hit a ten-month high in March, according to the latest figures from the National Association of Estate Agents (NAEA).
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Estate Agents comment on the BudgetCommenting on today’s Budget Wendy Evans-Scott, President of the National Association of Estate Agents (NAEA), said:
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Less than 2 months left first before time buyers stamp duty holiday expires
Estate agents have issued a reminder to all first time buyers that the Government’s holiday on Stamp Duty Land Tax will come to an end in just under two months’ time, on Saturday 24th March 2012.
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“There are fewer homes for sale in the winter but also fewer buyers which means less competition for both parties,” said NAEA’s President, Wendy Evans Scott.
With many homeowners choosing to downsize to release much-needed equity, the National Association of Estate Agents (NAEA) have produced a new guide with their top five tips for moving to a smaller property.
With an early onset of winter predicted this year and utility bills continuing to rise, homeowners are having to find innovative ways of ensuring they’ll be prepared for any cold snaps.
The UK housing market fared better than expected this summer, latest figures show, with estate agents reporting an increase in sales during the traditionally quiet month of August.
House price growth remains stable across most of the UK, although prices in London are increasing and prices in Northern Ireland are falling.
New evidence supports Yorkshire Building Society’s findings that more borrowers are choosing to fix their mortgage for the longer term as economic conditions remain uncertain.
Latest research from Halifax shows the ability of key public sector workers to purchase their own home continues to improve and is approaching the level achieved ten years ago before the house price boom.
Research commissioned by specialist buy-to-let lender Paragon Mortgages, has shown a significant regional shift in the rental yields achieved by landlords.
