25 July 2008
With house prices in the UK remaining out of the reach of thousands of Britons, growing numbers are opting to rent at home and get on the property ladder overseas, experts have revealed.
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Young professionals choosing to stay away from making the biggest financial commitment of their lives and buying a home in a declining market are behind the current boom in demand for rental accommodation, it has been revealed.
The owner of the UK's largest chain of DIY stores has reported that Britons are turning to home improvement projects as they look to cope with the financial problems being caused by the ongoing credit crunch.
24 July 2008
Prospective homebuyers in and around Leeds have been dealt a fresh blow after it was announced that one of Yorkshire's leading homebuilders is now in the hands of the receivers.
As many as four in ten property sale transactions fall through at the last minute as prospective buyers change their minds over moving to a bigger home, the Bank of England has revealed.
23 July 2008
Young couples and would-be first-time buyers are opting to put their money into a home in France rather than attempt to get onto the property ladder at home, experts have claimed.
Britons are refusing to move home, with many preferring to stay put and struggle for space than make a commitment in an uncertain market, new industry figures suggest.
22 July 2008
House prices could fall by a further 30 per cent before the market starts to recover, the Bank of England's Danny Blanchflower has warned.
An increasing number of Londoners are choosing to rent out their homes in the capital and use the money generated from their tenants to fund a better quality of life in the countryside, it has been reported.
21 July 2008
With economic forecasters reporting that around £300 million worth of mortgage products are due to expire within the next few months, a large number of homeowners are likely to look for ways in which to meet their growing financial commitments.
France is now becoming a "better bet" than Spain for Britons looking to purchase a second home overseas, foreign property experts have explained.
18 July 2008
As property prices across the country remain out of the reach of most prospective buyers, Britain is steadily becoming a "nation of renters", experts have claimed.
Private landlords have been advised to carry out improvements to their rental properties to ensure that they are as energy efficient as possible.
17 July 2008
British ex-pats living in Spain enjoy a lifestyle that is "second to none", property experts have claimed.
The UK offers the worst quality of life in all of Europe, a new study has concluded.
16 July 2008
Homeowners looking to take advantage of falling prices and move up the property ladder have been hit by the news that Banco Santander from Spain has reached a takeover deal for Alliance & Leicester.
Prospective home buyers have been given a boost after the government's housing minister revealed plans to help them find an affordable rental property while they put money aside for a deposit on their own place.
15 July 2008
As growing numbers of Britons choose to postpone a move up the property ladder, the rate of home sales fell to its lowest level for 30 years during the three months to the end of June, it has been announced.
Britons looking to escape for a new life in the sun are being attracted to the "incredible potential" of the Brazilian property market, experts have claimed.
Britons have been advised to 'storm-proof' their finances to guard against a looming recession, with many likely to look into the financial benefits of downsizing their homes before the market slowdowns bottom out.
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As growing numbers of Britons choose to postpone a move up the property ladder, the rate of home sales fell to its lowest level for 30 years during the three months to the end of June, it has been announced.