Tag: Barratt
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Eastbourne is an Upcoming Seaside Property Hotspot
Forget battling sky-high prices in Brighton – Eastbourne is the place to be for beach lovers hunting a property bargain. You could snap up a semi-detached home in desirable Willingdon for an average of £339,620, or £294,337 in charming Hailsham. Compare that to Brighton’s eye-watering average of £518,569 for the same type of property, and…
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Get Ready to Build – Labour’s Big Housing Plans Could Be a Goldmine for Developers
The new Labour government is set to unleash a wave of pro-development planning reforms, promising to shake up the UK’s housing market and potentially create a boom for those who build. A New Era for Housing? Labour’s landslide victory has brought a new focus on addressing the UK’s chronic housing shortage. Prime Minister Sir Keir…
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Labour’s Housing Plans Send Housebuilder Shares Soaring!
With Labour’s election victory, housebuilders are celebrating! The party’s ambitious plans for 1.5 million new homes over the next five years, coupled with a shake-up of planning rules, are seen as a major boost for the sector. Green Belt Blues Gone? Labour’s plans go beyond simply building more homes. They’re aiming to tackle the “grey…
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Help to Buy? 88% Of First-Time Buyers Don’t Know It’s Available
Are you about to step onto the property ladder? Government schemes could help you buy your dream home, but shockingly, most first-time buyers don’t even know they exist! A recent report by Barratt Homes has revealed that a staggering 88% of first-time buyers don’t know about the Help to Buy scheme. This comes at a…
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Builders Booming – Election Promises Fuel House Price Hope!
It’s a big week for property developers, and the stock market’s already showing signs of excitement! With the General Election just around the corner, and the housing market on the move, there’s a lot to be optimistic about for those who build and sell homes. Prices Tick Up, Despite High Mortgages Even with mortgage rates…
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Housebuilders Hit Hard – Interest Rate Fears Haunt Property Market
Investors are shying away from the property market as housebuilders report a slump in profits and warn of a ‘lack of urgency’ among buyers. The FTSE 100 saw a drop yesterday, largely driven by housebuilders who are feeling the pinch from rising interest rates. Berkeley’s Warning: A ‘Lack of Urgency’ Berkeley Group, a major player…
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“Own New” – Sub-1% Mortgage Rates Now Available for New Builds
Own New has unveiled a mortgage scheme that harks back to the near-record low rates of Autumn 2021. But there’s a catch – these dreamy rates are exclusive to new-build home buyers. Dubbed the “Rate Reducer” scheme, this innovative offer promises to make homeownership more accessible and affordable, especially for those willing to invest in…
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Virgin Money Launches New Mortgage Scheme
Virgin Money has just unveiled a new mortgage product in partnership with Own New, designed to make the dream of owning a new build home more achievable for many. Dubbed the “Rate Reducer,” this new offering is set to revolutionise how prospective homeowners can afford their future homes. Making New Homes More Affordable As of…
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Is Now the Time to Invest in UK Property Stocks?
The UK housing market is showing flickers of recovery. But does this mean it’s time to invest in property stocks? Contrary to some analysts’ predictions, 2023 didn’t witness a property market crash. Mortgage rates began to decline, boosting buyer demand and giving sellers more confidence in their asking prices. The Royal Institution of Chartered Surveyors…
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Why Have House Prices not Crashed as Forecast?
In recent times, there’s been a wave of bleak forecasts suggesting UK house prices would plummet drastically—by 10% to 20%. However, the reality has been quite the opposite. According to the Office for National Statistics, there’s been a slight annual uptick in property values by 0.2% as of August. This increment brings the average UK…