Homes for first-time buyers are seeing the biggest rise
in asking prices of all sub-sectors of the market, as the affordability crunch
bites harder on those struggling to get onto the property ladder. Rightmove,
the property listings website, said the average asking price for homes with two
bedrooms or fewer, typically targeted by first-time buyers, rose 8.2% over the
year to November 2016, hitting £192,147. Month-on-month this was a 1.7%
increase. That compares to a 4.5% annual rise in the average asking price for
all homes in England and Wales to £305,670, said Rightmove. Month-on-month,
this was a 1.1% fall, a seasonal drop but the lowest in five years, suggesting
the market is resilient in the face of Brexit. Read more on the IBT website.
Trevor Hendy obituary
-
My friend Trevor Hendy, who has died aged 89, was director of development
at United Kingdom Housing Trust (UKHT) in the 1980s, a period in which,
among o...
13 hours ago
No comments:
Post a Comment