Do FTBs know the support available to them?
Many FTBs lack awareness of affordable schemes like Shared Ownership, despite its benefits. Shared Ownership offers lower deposits by allowing buyers to purchase property shares. To afford homes, many young Londoners work more and rely on financial support from parents
Significant gains for UK homeowners over two decades
Over the past 20 years, UK properties have increased in value by an average of £80,000. High-demand areas like the Cotswolds and South East saw the most significant gains, driven by location, infrastructure, and lifestyle changes, highlighting market resilience
Equity Release growth trend continues
The equity release market continues to return to growth, with £615m unlocked in Q3 alone. Average loan sizes rose, reflecting increased confidence among homeowners over 50. Equity release offers financial flexibility but requires careful consideration of personal circumstances
Budget news for the housing market
Taxation may have dominated the #AutumnBudget2024, but the fiscal event did include some announcements that will impact homeowners, buyers and sellers. Read more about the key changes…