Number of leasehold new-build houses soars ahead of Government ban The number of houses sold under leasehold agreements soared last year ahead of a Government crackdown on unfair ground rent increases. An analysis of Land Registry data by the Office for National Statistics has shown that 15.6% of new build houses, which excludes flats and…
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Millennial housing crisis engulfs Britain. Figures showing the problem is not confined to London raise concerns about inter-generational fairness. Home ownership among young families has plummeted across every corner of Britain over the past 35 years, according to a devastating inquiry into the housing crisis facing millennials. The proportion of families headed by a 25-…
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What next for interest rates? May hike off the table as forecasts drop from ‘almost certain’ to less than 5% chance Expectations of a May rate rise have been killed off by poor data Struggle on High Street and 0.1% GDP growth have seen chances of a rise drop A fortnight ago markets were pricing…
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Most affordable cities for first-time buyers revealed: Hull tops the list with homes costing £104,000 on average. The city in East Yorkshire scored favourably for first-time buyers in terms of average property prices in the area and the deposit payable. The study by property website Zoopla took into account a variety of other factors, including…
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