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1 in 5 Brits would pay more for faster broadband

1 in 5 brits would pay more for a faster broadband connection, according to a new survey from Halifax. In an increasingly connected modern age, Internet is fast becoming an essential utility for homeowners, alongside gas, electricity and water. Now, it is a deciding factor in the house buying process, with 20 per cent of UK adults saying that would stump up a higher sum for a home with a good...

Cambridge leads UK house price rise

Cambridge is leading the growth in UK house prices, according to new figures from Hometrack. The first UK cities house price index, which monitors 20 urban areas using Land Registry data (approximately a third of all the homes in the country), reveals that Cambridge has enjoyed the biggest increase in the past seven years. Property values in the city jumped £53,000 in the past 12 months to be a third...

Mind the gap: Second rung on housing ladder moves further away

Recent homebuyers should mind the gap, Lloyds Bank has warned. The second rung on the UK housing ladder is moving further away, as second steppers - those making the move from a first time purchase to another home - are faced with a £60,000 leap. Thought being a first time buyer was tough? Try being a second time seller: Despite increasing house prices boosting equity levels for Second Steppers, they...

UK property sales cooling down?

As summer fades, UK property sales are cooling down, according to new HMRC figures. The seasonally adjusted estimate of the number of non-residential property transactions decreased by 0.1 per cent in August 2014 compared to July, as the market enters a period of calm following heated activity. While the latest HMRC figures show property transactions edged down, though, the estimated number of sales is...

Thirty-somethings push young first-timers out of UK market

The younger generation continues to be squeezed out of the housing market, as the number of buyers aged between 18 to 30 remains at an all-time low at just three per cent of recorded sales for August, according to the National Association of Estate Agents (NAEA). The NAEA’s August Housing Market Report shows that the number of first time buyers (FTBs) increased for the first time since April this...

Huge rise in new build property for the Calgary region

Great news for the Canadian Property industry as the Calgary region has seen an immense spike in building permits. They already had a great year-by-year increase but his last quarter has seen a fantastic amount of building activity and the creation of many new homes. The federal agency has announced the permits reached $636 million in the Calgary metropolitan area for the month that is a whopping increase...

New Australian home sales slide

New Australia home sales suffered a slide at the start of the country's new financial year, with a downward trend emerging.  The figures in the HIA New Home Sales Report, a survey of Australia’s largest volume builders, follow a "very strong" 2013/14.   Total seasonally adjusted new home sales posted a fall of 5.7 per cent in the month of July 2014, while over the three months to July total sales...

Pending US home sales up in four of last five months

Pending US home sales have rise in four of the last five months, according to new figures, as the market continues to be favourable for both buyers and sellers. After a slip in June, sales rebounded in July 2014, according to the National Association of Realtors. Pending transactions jumped 3.3 per cent month-on-month to their highest level since August 2013, as improving finances encourage buyers to...

How to save for a mortgage deposit

If you’ve started considering your options with a view to saving up for a deposit on a mortgage for a new property of your own, then you’re bound to have realized just what a big commitment this is. For many individuals and families it takes years to get to the stage where they can put down the money to do this. But if you choose the right products then you stand to save both time and money in...