Category: House Prices
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Manchester Crowned First-Time Buyer Capital of Britain
Is Manchester calling you? It’s officially the UK’s hottest spot for first-time buyers! A new study by Halifax has revealed that 75% of homes bought with mortgages in Manchester last year were snapped up by first-time buyers. This surge in first-time buyers is thought to be driven by the sky-high house prices in London, pushing…
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Off-Plan Property – Is Buying a Home Before it’s Built Right for You?
Buying a new home is a big decision, and usually you’d want to see it in person before you commit. But what about “off-plan” homes – where you buy before they’re even finished? This type of purchase is becoming more common, but there are some things you need to be aware of before taking the…
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Dreaming Spires, Sky-High Prices – Oxford House Prices Soar
Forget London, it’s the city of dreaming spires that’s seeing house prices rocket! Oxford has become the UK’s hottest property market, with prices jumping a massive 10% in just one year. According to the Office for National Statistics (ONS), nowhere else in Britain comes close to this level of growth. The average house price in…
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Generation Rent Forever? Millions Priced Out of Owning a Home
New research reveals a shocking number of young people are giving up on the dream of owning a home, fearing they will be stuck renting forever. Could you be £2.6 MILLION worse off by doing the same? A new study by Yorkshire Building Society has revealed a worryting trend – a huge number of young…
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Manchester on a Budget: Top 6 Places for First Time Buyers
Manchester’s calling first-time buyers! This buzzing city has it all, but house prices can be scary. Fear not, though – there are still affordable gems to be found. Manchester Evening News teamed up with the experts at Bridgfords estate agents to reveal the hottest spots for first-time buyers right now. Manchester’s been getting a serious…
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House Sales Heating Up Despite Summer Slump
Property purchases jump 7% compared to this time last year – could YOUR home be worth more? Good news for anyone looking to sell their home – the number of property sales shot up by 7% last month, compared to July last year. Official figures from HM Revenue & Customs revealed that 90,630 homes were…
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House Prices Rising at a Slower Pace and Energy Efficiency Matters – Nationwide
The average UK house price in August 2024 was £265,375. This is a slight decrease from July, but still 2.4% higher than a year ago. While this is good news for sellers, the market is showing signs of slowing down after the crazy highs of 2022. But what does this mean for you? Well, alongside…
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Island Life Calling? House Prices on Scottish Islands Soar
Thinking about swapping city life for stunning scenery and a slower pace? You’re not alone! Scottish islands are seeing a surge in popularity, sending house prices soaring. Since 2018, the average price for a home on one of Scotland’s beautiful islands has jumped by 30%, hitting £182,000, according to Registers of Scotland. That’s even faster…
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Swindon House Prices Rise but Less Than UK Average
Prices in Swindon are more affordable than much of the South West and the UK as a whole. Although property prices rose slightly by 0.5% in the year to June 2024, Swindon still boasts lower than average house prices. Official figures from the Land Registry reveal that the average house price in Swindon during June…
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House Prices Up, But Don’t Get Greedy Sellers Warned!
Good news for sellers, house prices are on the rise – but don’t get too excited just yet. Despite rising prices, experts at property website Zoopla are warning sellers not to get carried away with their asking prices. This comes as the number of homes for sale hits a seven-year high, meaning buyers have more…