Young couple buy Britain’s cheapest house – paying just £1 for council property – Mirror.co.uk

A young couple have bought Britain’s cheapest home for just £1 as a part of a scheme by a local council. Rebecca Dennis and Chris Benn snapped up the bargain property in Stoke on Trent and the council will invest a further £30,000 to renovate the property. Rebecca and Chris will then spend the next […]

Law firm offers legal advice and cash discount to first time buyers in Glasgow – Glasgow Live

On open day focused on helping young people get onto the property ladder is being held in Glasgow by Aberdein Considine, one of Scotland’s leading law firms. The firm plans to give away £250 vouchers to the first 200 people to register for the day, to help them with legal costs of their first purchase. […]

Slowing house prices help first-time buyers – The Week UK

Prices of housing fell in the UK in January, the first time this has happened since August, just after Brexit. The average home lost £2,000 of value, with the average home in the UK no being worth £220,260. This situation is helping first time buyers, and people looking to get their foot on the first […]

‘Buy-to-let is dead’, say landlords, as they start buying shops instead – Telegraph.co.uk

Buy-to-let investors are increasingly being tempted to invest in commercial property as an alternative to residential property. Shops and offices are the most common investments and tend to attract higher yields even though capital appreciation isn’t always guaranteed. Commercial properties can have some pitfalls such as long void periods that make it important to conduct […]

Fancy buying and renovating this run down historic hotel? It could be yours for just £300000… – Manchester Evening News

The Trafford Park Hotel, built in 1902, is going up for auction soon and could be yours for just £300,000. The hotel has been closed since 2009 and is currently in a dilapidated state. Many of the original features are retained, and despite needing a complete renovation, could make for an impressive property once fixed […]

Young families squeezed off the property ladder by a shortage of affordable homes – The Sun

A new generation of people is being formed who fear never being able to own their own home, new studies reveal. The amount of young families with kids who own property has seen a drop of almost 400,000 in the past five years. This is being driven by a chronic lack of affordable homes. It […]

Manchester property prices will grow 28.2% – BuyAssociation

Property prices in Manchester are forecasted to grow by over 28% in the next five years, experts say. The area has a huge imbalance between supply and demand and this is the main factor in pushing up prices. The cost of renting a property in Manchester is expected to increase by over 20% in the […]

Will we save tax by purchasing a buy-to-let in our daughter’s name? – Telegraph.co.uk

There are many pitfalls when purchasing a second property as an inheritance or a source of income, what would be seen as the correct route to take in terms of passing ownership on to a beneficiary can be a complex subject. The variances in what it will cost you in terms of taxes and interest […]

Private Caribbean island could be yours for £400k on eBay – Daily Mail

A woman is selling a private island in the Caribbean on eBay for just £400,000. The four acre island boasts a wooden house, cabin, jetty, and Leonardo DiCaprio is a neighbour. Willow Reed purchased the island in 2012 for £150,000 but no hopes to sell to focus on a pub she has bought in Bristol. […]

First-time house buyers reach nine-year high, says Halifax – Sky News

The amount of first time buyers in the UK, boosted by record low mortgage rates and high employment rates, is currently at its highest rate since 2007. This is despite the average deposit now being £32,000. The amount of first time buyers was 75% higher in 2016 than it was in 2009, shortly after the […]