The popular commuter town of Luton has seen property price growth outpace rises in the average salary by 7.99% over the past year, according to new data from property website Zoopla.
Bank of Scotland has calculated that by 14th March, new borrowers had earned enough to cover the annual cost of their mortgage repayments.
New research from Bank of Scotland has revealed that Scottish parents are prepared to pay a premium of as much as £80,000 on average to live in the catchment area of a top performing state school.
A new survey by Clydesdale and Yorkshire Banks has found confidence is on an upward trend among the UK’s ‘second steppers’.
...Activity in the Scottish housing market slowed during May, as a decline in new properties coming on to the market was accompanied by a drop in new buyer enquiries.
...The average price of a flat has increased by 32% over the past ten years, according to Halifax, which is more than double the 15% rise for all residential properties over the same period.
...There is a split in confidence in the housing market, according to the latest quarterly Halifax Housing Market Confidence tracker, with optimism about house sales remaining high but confidence in the purchase market reaching its lowest level since 2011.
...People who have bought or sold their homes are being invited to put forward their views on how the Home Report can be improved or adapted to suit the needs of buyers and sellers in the current housing market.
...Last month saw an increase of nearly 10% in the supply of houses coming on to the market, according to the National Association of Estate Agents (NAEA).
...Britain's flats have increased in value by an average of £394 per month over the past decade, the largest increase in cash terms of any property type, according to latest research from Halifax.
...The number of first time buyers in the first six months of 2013 was 19% higher than in the same period last year, according to the half-year Halifax First Time Buyer Review.
...Lending to first-time buyers, home movers and remortgagors all increased in May, with a particularly marked increase in lending to first-time buyers, according to the latest Regulated Mortgage Survey data published by the Council of Mortgage Lenders.
...The Scottish Government has announced a £62 million funding boost for the Open Market Shared Equity Scheme (OMSE), which should help eligible buyers around Scotland on to the property ladder.
...The annual expense of owning and running a house has increased by £179 over the past year, according to new research by Halifax. It now stands at £9,590, an increase of 1.9% on the previous year, but still less than the 2.7% rise in consumer prices over the same period.
...It is sixteen percent more expensive to rent a home in the UK than to buy one, according to new research by the Halifax. The banking group highlights falls in house prices and associated costs, together with a big increase in rents, as being behind the findings.
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