UK build-to-rent homes to increase five-fold in the next decade
Build to Rent (BTR) homes could increase five-fold, with the sector worth £170 billion, according to recent research. A study by the British Property Federation (BPF) and Savills projects the number of BTR homes completed could reach 380,000 by 2032. The projection, undertaken in partnership with Get Living, one of the UK pioneers of BTR, […]
Local high streets are still important when choosing where to live
The quality of local high streets is still an important factor in many people’s decisions about where to live, despite the pandemic having impacted many, according to new research. Market Financial Solutions (MFS) commissioned an independent, nationally representative survey of 2,000 UK adults and found that having a vibrant local high street was important to […]
New home completions bounce back to pre-pandemic levels
New home completions have returned to pre-pandemic levels, according to the NHBC, an independent provider of warranty and insurance for new homes. The organisation says its research highlights that overall a total of 40,289 were completed in the second quarter of 2022, an increase of 16 per cent compared to the same time last year. […]
More older people are now renting
The number of middle-age and later life tenants living in privately rented homes has accelerated faster than those under the age of 35 over the past decade. Analysis carried out by Paragon Bank analysis suggests between 2011 and 2021, there was a 110 per cent increase in the number of households privately renting in England […]
Cost of living: first-time buyers will need to earn even more to buy a home
The average first-time buyer will need an additional £12,250 of income – compared to a year ago- to buy a home, according to the latest House Price Index from Zoopla. The research carried out by the property portal also revealed those hoping to live in London will need an additional £35,000 due to predicted higher […]
How to keep your home insurance costs down – top tips
When times are hard, we all need to tighten our belts and make cuts – and it might be tempting to reduce home insurance. Hannah Davidson, senior underwriting manager at Aviva, stresses the importance of ensuring you are adequately covered for buildings and contents, but says there are ways to make careful savings. Consider a […]
Record number of local authorities have build-to-rent in housing pipelines
Analysis published by the British Property Federation (BPF) shows the build-to-rent (BTR) sector continues to grow at pace. The total number of homes completed, under construction or in planning is up 13 per cent year-on-year to 237,000, and a record number of local authorities have BTR in their housing pipelines. The analysis, conducted at the […]
Total value of the UK homes surges
The combined value of UK homes has surged to over £10 trillion this year as strong demand and a lack of supply continues to drive house prices higher according to Zoopla. With the average UK household income now £34,100, some properties are making more than their owners’ salaries as the total value of homes has […]
Pace of growth in property market slows
House prices continue to rise across the UK in June, according to the latest Residential Market Survey, from the Royal Institution of Chartered Surveyors (RICS). But, suggests the research, the pace of growth is slowing amid fewer new buyer enquiries which is impacting sales. In the lettings market, however, rents are forecast to rise, due […]
The National Landlord Investment Show takes place next week
The National Landlord Investment Show returns to London next week, connecting thousands of landlords, investors and property professionals. Staged at Old Billingsgate on Tuesday, July 5, the event has become a beacon for anyone with an interest in managing or investing in property. Launched in 2013, it has grown exponentially year on year and this […]