Starter home price in every borough as London first-time buyer numbers plummet

The variety of first-time patrons in London has dropped prior to now decade as home costs stay unaffordable, pushing younger individuals and would-be patrons out of the capital.London was the one area the place the variety of individuals taking their first step on to the housing ladder fell (down eight...

There’s now a £200k house price jump to buy in London vs. South East

The London property market is displaying early indicators of a resurgence, in line with latest knowledge from Rightmove. The capital skilled a 1.3 per cent improve in property costs year-on-year to January and a 1.8 per cent uplift month-on-month. The latter meant, regionally, it was the second highest climbing market...

First-time buyers are paying 8% over asking price for their first home

First-time consumers are paying almost eight per cent over the asking value to safe their first house, based on new information from property brokers Yopa who in contrast common asking costs to common offered costs for first-time purchaser properties.The common asking value for a first-time purchaser house within the UK...