Quarter of £1m-plus homes being sold in secret – Financial Times

These homes in the UK are selling even though they cost over one million pounds. A lot of people can’t afford homes like this but obviously someone is buying them. This is going to be good for the economy. This is a lot of money to put into a home and will benefit the housing […]

The pros and cons of snapping up a buy-to-let property at auction – Telegraph.co.uk

Buying a property that has gone to auction has become a popular practice. This has resulted in many people not doing enough research or inspection on the property or surrounding area and therefore not getting the “bargain” they had hoped for. Some of the perks of buying at auction are that the process is quick, […]

Three practical considerations for purchasing a holiday home abroad – HiFX – The Financial Latest (blog)

There are three considerations one needs to take into account when purchasing a holiday home in a different country. One of the most interesting things about buying a home abroad is that there is a different set of steps. The mortgages are not the same everywhere. Things work differently in different places, so if you […]

First-time buyers rejoice – 95% mortgages are surging – Which?

A website that reports on financial matters has a feature on the rise of 95% loan to value (LTV) mortgages in the UK. These are loans in which the buyer has to deposit only 5% of the value of the home. LTVs were once popular, with 900 types available in 2007. A financial downturn reduced […]

Typical house price up £12000 in a year, says ONS – BBC News

Housing prices are on the rise in the U.K. Although there has been an expectation of a slowing market following brexit, many areas are seeing housing prices on the rise. It seems Scotland is among the highest in housing prices. Rental properties haven’t seen as much of a growth although there is a small uptick […]

‘Almost no evidence’ of London homes owned by foreign buyers being left empty – Telegraph.co.uk

Foreign bought homes in the city of London are not being left empty. That is not how foreign buyers are acting despite claims to the contrary. It is good to know this because many worry about how foreign buyers affect economies and housing markets. There isn’t as much need to worry, though, as these homes […]

Inflation reaches a four-year high: what now for mortgage and … – Telegraph.co.uk

The article presents the current trend for mortgage and savings rates in relation to the rising inflation over the past four years. The article provides a trend for the past 8 years and shows how the inflation rate was high in 2012, dipped, and then rose again in 2016. The inflation rates impact on savings […]

UK couple’s dream project transforms ‘stately ruin’ in Wicklow – Irish Times

The online version of an Irish newspaper has a piece about a home in the Irish countryside. The owners are an English dentist and his wife. They bought the place in 2008. The house had been built in 1820 and was in disrepair. They hired an architect and rebuilt the house using 19th century designs, […]

Foreign investors snapping up London homes suitable for first-time buyers – The Guardian

London homes are being purchased by foreign investors. These homes are homes that are susceptible to being purchased by first time home buyers. It presented statistics of the countries that are snagging up these properties, the reasons why and the quantities they are investing in. The article broke down the districts of the homes that […]

House price inflation in April at six-month high, official figures show – The Guardian

Although housing prices seem to by up all over the U.K. there are some areas that have seen higher rate increases than others. Some ares of London that are posh and well known such as Kensington and Chelsea have million dollar price tags. Some suburbs of London are also seeing higher home rates due to […]