Tag: Harlow
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Where are First-Time Buyers Moving to?
It’s no secret that getting on the property ladder is tough, but new research shows just how far people are willing to move to buy their first home. Forget about living close to your family and friends – first-time buyers are increasingly looking further afield to find affordable properties. Over the last decade, some areas…
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First-Time Buyer Hotspots Face House Price Plunge Next April
First-time buyers are the backbone of the UK property market, but some areas are more reliant on them than others. Research reveals the areas where house prices could plummet if the stamp duty holiday is scrapped next year. Currently, first-time buyers don’t pay stamp duty on the first £425,000 of a property’s price. This tax…
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Tackling the UK Housing Crisis: A New Life for Old Offices?
City centres in the UK have started to echo with an unusual quiet, especially noticeable on Friday afternoons. The once-bustling hubs of business and commerce are feeling the impact of a cultural shift towards hybrid working. In the wake of the Covid-19 pandemic, an astonishing amount of office space—equivalent to 487 football pitches—was removed from…
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The Premium For New Build Properties Rises
New data shows that the amount that people will pay for new-build houses, compared to older houses, is increasing. What does this mean for you, the potential investor? Simply put, a new-build home in the UK, on average, is worth about £425,186 and commands a premium of 52% over an existing property. This premium has…