A £3.5 billion London Docklands regeneration scheme has been given the go-ahead. Newham Council gave the green light to the planning proposal for Silvertown Quays, in the Royal Docks area. Construction will start in early 2021 with around 1,000 homes built in the first phase of the development. At least 20 percent of the new […]
Fridaysmove holiday opening hours
Santa Claus may be coming to town, but even Father Christmas can’t slow down the property market. And that’s why the Fridaysmove team will be on call over the festive period to ensure your conveyancing can get underway, fortified only by mince pies and mulled wine. Stay in touch Fridaysmove will be open on the […]
Free travel incentive on new east London shared ownership development
Buyers are being offered a raft of incentives that includes free travel to buy a shared ownership property on a London development. The development by L&Q Housing Association is at a brownfield project at Barking called Parklands Riverside where 10,800 homes are being built on former industrial land. New community by the Thames Riverside is […]
Lender's mortgage offer to older borrowers
Age is now no barrier to getting a mortgage. In fact, a finance company has just announced it will offer new mortgages for those in their 80s. Where a typical mortgage was once 25 years, the lending landscape has changed drastically in the decade since the financial crash. Stricter lending criteria Now buyers can get […]
Revealed: the postcodes achieving the best property asking prices
Most people selling their homes are achieving close to the asking price, according to new data. Get Agent, the estate agent comparison site, analysed the asking and achieved asking prices for property across postcodes in England and Wales, revealing that homeowners are getting an average 95.94 percent on their asking price. Sheffield hotspots Their research […]
New hedgehog highways rule in England's housing
Buyers moving into a new-build home will be sharing their space with a hedgehog highway. That’s the planned outcome of new rules that developers will have to follow when it comes to building new housing estates. Communities Secretary James Brokenshire says protecting wildlife and habitat will be a priority in new developments. Specific species protected […]
Anglesey most affordable spot for upsizers
Look north and west for the most affordable property when you’re ready to move from a flat to a home. That’s the conclusion of analysis of Land Registry data by One77 Mortgages. Lowest gap between styles The broker looked at house prices across the country to figure out the most affordable locations for home movers […]
Revamped Camden estate wins top London architecture prize
The redevelopment of a housing estate in Camden in London has won a top architectural award. The first phase of the Agar Grove project was named the 2019 overall winner of the annual New London Awards, organised by New London Architecture (NLA) and supported by the Mayor of London. The project claimed the top prize […]
Mortgage affordability rules could be relaxed, says Bank of England
Mortgage affordability rules will be relaxed across the UK if house price growth grows. A new paper from the Bank of England says the return of house prices virtually to pre-2008 financial crash levels means it has to examine the current affordability rules on borrowing. Increase in high LTV mortgages These were introduced in 2014, […]
University partnership to deliver 3k homes in Oxford
Financial giant Legal & General is to build 3,000 homes for students and staff in a £4 billion partnership with Oxford University. L&G, which specialises in insurance and pensions, will also build science parks for the top university. The main part of the project will be the creation of 1,000 subsidised homes for students and […]
224 affordable homes in new Kent garden community development
Almost 600 new homes are to be built in Kent as part of a deal between developer Keepmoat Homes and national agency Homes England. Homes England is to sell an 11.6 hectare site at Northfield Embankment in Ebbsfleet to Keepmoat who will then build 598 homes and a new primary school as part of the […]
Northern property market outperforming the south
The north-south divide in UK property is rearing its head again, only this time it’s the north that’s leading the way. Rightmove, the online property portal, has revealed that both the supply of homes for sale and sales are falling across the country. Prices close to record high However, buyer demand in the north is […]
Not using mortgage adviser is costing home buyers
Not speaking to a financial adviser while seeking a mortgage is costing borrowers thousands. According to research by Legal & General’s Mortgage Club, almost a third of borrowers (31 percent) went direct to their lender, not realising how a financial adviser could help them find a better deal. Failing to look for a better deal […]
Biggest deal yet for modular housing will deliver 750 units
The increasing popularity and importance of modular housing to the property market has been underlined by a deal to manufacture hundreds of new units. Ilke Homes has gone into partnership with Places for People to deliver 750 units for affordable and market-priced housing. Speeds up delivery Places for People is a placemaking organisation with a […]
Mortgage lenders urged to relax rules on Japanese knotweed
MPs want mortgage lenders to stop using discredited scientific evidence that is reducing the value of properties where Japanese knotweed has been found. An investigation by the House of Commons Science and Technology Committee has concluded that lenders are “overly cautious” when offering mortgages on a property where the invasive plant has been discovered. As […]
20k homes planned for Greater Exeter garden community
Exeter is to become home to a new garden community of up to 20,000 new homes. The project is part of a deal for the south-west with the homes built by 2040. The Government is to provide £750,000 to fund dedicated project teams who will work with three councils – Exeter City Council, East Devon […]
UK's fastest places to sell a home revealed
Location, location, location is everything in property. And that’s never more apparent than in the latest research revealing where homes are selling fastest across the UK. Sellers north of the border – in particular Edinburgh and Falkirk – find their properties flying out of the estate agent in just 27 days. But just south of […]
UK's regional cities register strong house price growth
House prices in the UK’s most affordable cities are outgrowing those of other areas. Hometrack’s UK Cities House Price Index has revealed that the highest price growth is happening in those urban areas most weakened by the 2008 financial crash. Liverpool leads the way Liverpool has registered the UK’s highest annual house price growth rate […]
Cheapest places for London commuters revealed
London’s expensive housing market means many of those working in the capital are looking ever further afield for the most affordable and do-able commute. According to Zoopla, the average price of a home in London is £659,897 with those in the wider south-east standing at £401,883. Those prices often put London houses and flats beyond […]
Easter opening hours at Fridaysmove
Fridaysmove has home buyers and sellers covered this bank holiday weekend. Our friendly team will be standing by to take your calls on all conveyancing services and queries about building surveys right across Easter weekend. Our opening hours at Fridaysmove this Easter are: Good Friday, April 19, 9 am until 4pm Easter Saturday, April 20, […]