FIRST-TIME BUYERS LOSING OUT AS LENDERS DROP HIGH LTV (loan to value) MORTGAGES, ZOOPLA SURVEY SHOWS 

The share of homes purchased by first-time buyers in the UK has fallen for the first time in five years, according to the latest Zoopla House Price Index. The research shows their ability to buy property is starting to be hit by COVID-19, the recession, and reduced availability of higher loan-to-value mortgages. The drop-off in...

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RISING SENTIMENT IN HOUSING MARKET COULD BE DAMPENED BY FEARS OVER JOB SECURITY

New data from BSA's Property Tracker consumer survey has revealed a strong rebound in housing market optimism. However, according to consumer views, longer-term fears about job security may dampen future activity. The survey found that 68% of respondents cited job security as a major worry, topping the list of barriers to homeownership for the second...

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RENTERS ABANDONING COMMUTER HUBS IN FAVOUR OF THE QUIET LIFE….

Due to the ongoing pandemic, office-based working and rail commutes have become less frequent this year, fuelling a growing trend of people making the move to areas with quieter transport links. Newly released research from Rightmove has found that emerging rental hotspots are further afield from traditional commuter hubs, with more renters looking to move...

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