Tag: Off-Plan
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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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Eco Homes Hot Property as Buyers Chase Energy Savings
New research reveals a surge in buyers snapping up energy-efficient new builds to combat rising bills. Could this be the right move for you? Forget avocado toast, energy efficiency is the hottest trend for homebuyers right now! One in five buyers are choosing new builds, with a remarkable 60% putting energy efficiency at the top…
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Dubai Dreaming – A UK National’s Guide to Buying Property in the UAE
Dubai’s property market is buzzing, drawing British buyers with its no-tax perks and year-round sunshine. But what does it really take to buy a home in this bustling desert metropolis? A new guide in The Telegraph looks into everything from choosing the right broker to navigating financial requirements, helping you make informed decisions. Dubai isn’t…
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New Home Sales Hit 11-Year Low Amid Rising Mortgage Rates
The dream of owning a new home before it’s even built has dimmed considerably for many in England and Wales. The latest report from Hamptons reveals a decline in the sale of new homes off-plan, hitting the lowest level since 2013. This downturn, significantly influenced by soaring mortgage rates, marks a troubling trend for potential…
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BTL Mortgage Market Sees Changes
Lenders have introduced a range of rate reductions and new product options this week. Here’s a summary for landlords and property investors of the changes that can impact the cost and availability of financing for rental properties. Major Rate Cuts from Shawbrook Shawbrook Bank has adjusted the interest rates across its range of BTL mortgage…
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UTB Broadens Mortgage Options for New Builds
United Trust Bank Mortgages for Intermediaries has announced that they are now expanding their mortgage offerings to include new build properties. This decision comes as a part of their ongoing effort to adapt to market demands and provide more versatile financing options. The expansion means that customers looking to invest in or purchase new build…
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From Fast-Food Employee to Property Mogul
The BBC features the story of Sanmi Adegoke, whose life story unfolds from facing racial abuse at a fast-food chain to becoming a celebrated property tycoon in the United Kingdom. Adegoke’s unconventional path highlights the power of resilience and the importance of leveraging one’s community. Early Struggles and Inspirational Beginnings Sanmi Adegoke’s journey began upon…
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Strong Demand for New Homes Predicted
Knight Frank estate agency has noticed a trend. Despite tough economic times in 2023, buyers are still keen on new properties priced between £500,000 and £1m, especially in desirable locations. This “flight to quality” means that despite the challenges, there’s a significant demand for well-located, well-priced properties. Interestingly, buyer confidence picked up notably in the…
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Single-Family Housing Could Change UK’s Rental Market
In recent years, the UK’s property landscape has undergone a significant transformation, particularly in the rental sector. The once underestimated Build to Rent (BTR) sector is now a rising star, showing remarkable growth and adaptation to consumer needs, especially among single-family households. In today’s BTRNews, an article argues that this change isn’t just a blip…
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Maximising the Profitability of a Small-Scale Property Development
Property development comes in various shapes and sizes, ranging from colossal housing estates to modest home extensions. In this diverse landscape, small-scale property development holds its own allure. Converting a commercial building into residential flats or embarking on a similar project can yield substantial profits. However, to truly optimize the returns on your investment, it…