Many people renting in the UK are concerned that they will never be able to buy their own homes. Getting on the property ladder has always been a challenge, but according to new research, a large number of renters now think that it is beyond them.
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The Government set out its ambitious target of building 300,000 new homes a year by the mid-2020s. The aim of this program is to create a large pool of new housing stock, in order to control house prices and make owning a home more achievable. Currently, housebuilding sits at around 150,000 per year, so it will need to double in the next 6 years if the Government’s target is to be achieved. How likely is this to happen?
For so many people, self-employment is the dream. You can work your own hours, work from home, spend more time with your family, and do only the jobs you want to. Right?
Every year there seems to be another story in the press about an idyllic southern-European town where they’re selling beautiful old villas for €1 each. Most recently it was the town of Mussomeli in Sicily that started offering up dream properties for the price of a Mars bar. Is this too good to be true? Quite possibly.
The UK Government’s Help to Buy Equity Loan scheme has grown in popularity since it was first launched in 2013. The year 2018 proved it’s best yet, with a total of 52,057 new homes – an average of 1,000 homes per week - bought by Britons using the option.
You set out to buy a new home with a picture in your mind of exactly how you want it to be. But once you start the search, you find that you have to make compromises somewhere. This is a common situation, so when exactly should you compromise (or not)?