propertyfinder.com analysed property for sale around the UK and analysed just how much value that extra bedroom can add to a property. Getting a foot on the property ladder is a dfficult but hugely satisfying step for most first time buyers. But once the home owner is ready to upgrade, each successive rung on the ladder is a much greater step than the last, forcing homebuyers to stretch themselves further and further every time they trade up.
As retirement funding moves up the financial agenda for many Brits and rising house prices drag more estates into the inheritance tax net, two thirds of people are planning to spend their bricks and mortar in retirement and leave less to their heirs, according to our latest research.
Continue reading "Retiring Brits are more inclined to squander potential inheritance" »
An overwhelming majority of Britain’s homeowners firmly believe that prices in their area will outperform the national average, according to our latest research.
Six times as many people believe their district is up and coming compared to those who think that it is doing less well than other areas.
People put local factors above macroeconomic ones to explain their view that house prices are on the up, clearly regarding their own area as highly desirable.
Continue reading "Hopeful Homeowners: Most Britons think their area will beat the market" »
This week we warned that football fans should avoid hanging English flags outside their homes if they want to sell during the World Cup.
We have found that it could not only put off potential buyers but might also decrease the value of the property.
Off the back of our survey, Mortgage Strategy asked the question... would you be put off? Read some responses below and tell us what you think...
Continue reading "Would a property with a flag put you off?" »
Whist the dream of finding a bargain property and adding your own touch is the flavour of the month, it might be worth bearing in mind the non-glamour side. A survey from The Royal Society for the Prevention of Accidents reveals that DIY results in 200,000 hospital visits each year.
More than 200,000 people end up at hospital each year through DIY and cleaning disasters; 87,000 are from power tools and other machinery, and 30,000 are from falling off ladders while cleaning windows.
Continue reading "DIY Disasters: 200,000 people end up in hospital each year" »
A while back a Propertyfinder survey revealed that women call the shots over their partners when it comes to choosing estate agents. Now it appears sisters are increasingly doing it for themselves in the buy-to-let sector according to the latest research from Landlord Mortgages.
It is great to see that the number of landladies is steadily increasing as more and more women realise the investment opportunities offered by residential property. It is also interesting to note that when it comes to financing, female property investors appear to be more cautious than their male counterparts – realising that a larger deposit means smaller monthly payments and less stress.
Daughters receive an average of £7,240 towards getting on to the property ladder, while sons get just £4,200. Four times as many girls as boys also received £20,000 from their mother and father ... Parental bias towards helping girls get on to the property ladder does not stop with financial assistance, with 31 per cent of people insisting on approving the area their daughter wanted to buy in, compared with fewer than two out of ten parents of sons.