Top 7 stories this week in housing and property investment: 26 October
Here’s our round-up of some of the top stories that we’ve posted on Buy Association.co.uk recently.
There’s speculation on what could happen in the 2018 Budget (to be revealed on Monday 29 October, and we’ll have reaction to it here…), we look at a couple of the UK’s fastest-growing markets, (both here in the north-west), how millennials feel about getting a mortgage, a rogue landlord database is opened up to the public after a government U-turn, and more…
1. Rumours circulate about the 2018 Budget
What measures will Chancellor Philip Hammond announce for the property industry in the Budget? We speculate and round up the latest rumours.
2. The UK property market’s fastest growing city is… Liverpool
Despite being the most affordable city on the index, Liverpool produced the highest annual price growth at 7.5%, making it the fastest growing city in the UK. Take a look at the story
3. Manchester claims its place as one of Europe’s fastest growing cities and property hotspot
Manchester City Council has published The State of the City Report and its figures confirm that Manchester not only has one of the UK’s fastest growing economies, but is also outperforming many other leading European cities. Find out more about the report.
4. Millennials rate getting a mortgage in their top three fears
A survey by online mortgage broker Habito has revealed that millennials (25–34-year-olds) are the most fearful of getting a mortgage. Discover more about how young people feel about the property world.
5. Rogue landlord database to be opened up to tenants
Tenants will now be able to inspect a national blacklist of rogue landlords that was previously closed to the public following a change of direction from the Government. Full details and reaction from key industry figures.
6. House prices reach all time high in Wales
The Principality Building Society has released data confirming that Welsh house prices have reached an all-time high. The recent lender index puts the average house price in Wales at £184,722. Also discover how the Welsh commuter belt is widening.
7. New ‘Green Mortgage’ to incentivise energy-conscious homeowners
A new Green Mortgage product is being developed by energy giant Eon in partnership with BNP Paribas Personal Finances. Full details here.
The post Top 7 stories this week in housing and property investment: 26 October appeared first on BuyAssociation.