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Renters spend £1 million more over a lifetime than homeowners

Renters spend £1 million more over a lifetime than homeowners

Renting for a lifetime costs around £1 million more than purchasing your own home, according to research by housebuilder Strata. Research that compares the cost of owning a home in the UK to average monthly rental payments over a 60-year period, proves that buying is significantly cheaper over the course of a lifetime. According to […]

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Launch of UK’s first green home mortgage

Launch of UK’s first green home mortgage

The UK’s first green home mortgage is to be launched in Yorkshire. Housebuilder, David Wilson Homes Yorkshire East, is working with Barclays Bank to launch the mortgage, which will be available at its Pembridge Park development in Doncaster. The mortgages have lower interest rates because qualifying homes are all energy efficient, meaning customers can now […]

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House prices still on the up across Yorkshire

House prices still on the up across Yorkshire

A lack of stock again drove property prices up last month in Yorkshire and Humberside, according to figures from a market survey. Spring is usually the start of what is the busiest time for Yorkshire and Humber’s housing market, but according to the monthly RICS UK Residential Market Survey it failed to pick-up during May […]

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Pitfalls of the house buying process revealed

Pitfalls of the house buying process revealed

Buying a first home in Britain is still very difficult for most, according to a just released First Time Buyer Index. Of those currently looking to buy their first home, almost nine in 10 (89 per cent) think it is difficult to get on the property ladder – slightly down from August 2017 (93 per […]

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Yorkshire’s ‘bank of mum and dad’ rakes in interest at 4.63 per cent

Yorkshire’s ‘bank of mum and dad’ rakes in interest at 4.63 per cent

House prices are rising faster than most people can save, and slow wage growth, plus an acute shortage of homes, makes it increasingly difficult for would-be home owners to get on the property ladder. But while the ‘Bank of Mum and Dad’ is a popular way for millennials to meet the challenge of strict mortgage […]

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New housing developments launch

New housing developments launch

Two new housing developments are launching in and around Leeds this summer, replacing  former manufacturing plants. The Poplars at Roundwood, in Garforth, and The Hawthorns, just off the main ring road, are to go on sale on June 16. These two developments will both feature homes from Redrow’s Arts and Crafts inspired Heritage Collection, with traditional […]

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Rental market hit hard as landlords sell up, report reveals

Rental market hit hard as landlords sell up, report reveals

The rentals market faces a potential crisis as more landlords sell up or push up rents for tenants, in the face of increasing legislation, a property leader has warned. David Cox, ARLA Propertymark chief executive, called for action from the Government following the ARLA Propertymark April Private Rented Sector Report. He said: “The barrage of […]

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More people happy to reserve online, survey shows

More people happy to reserve online, survey shows

‘A new home’ has joined clothes, groceries and holidays on the list of purchases people are now securing online. A recent survey from Miller Homes shows that as many as 84 per cent of those surveyed would now reserve, or consider reserving, their dream property at the click of a button. The results of the […]

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Sellers’ market as demand grows for fewer homes

Sellers’ market as demand grows for fewer homes

The property market has swung back firmly in favour of sellers across the country, according to findings within the NAEA Propertymark April Housing Report. Demand from prospective buyers is seen to have grown by nine per cent in April; on average, estate agents had 337 house-hunters registered per branch, compared to 308 in March, the […]

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Search launched for Yorkshire’s next leaders in property

Search launched for Yorkshire’s next leaders in property

The search to find Yorkshire and Humber’s most inspiring young surveyors is on. Entries are now invited to all who have made a significant contribution to the region’s built environment, ahead of the annual RICS Matrics Young Surveyor of the Year Awards . The YSOYA celebrate the diverse range of young talented surveyors, trainees and […]

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