New research by Santander Mortgages has revealed that families are prepared to spend an extra 12% for their chosen school catchment address, which amounts to an additional £26,800 on top of the average UK property price. The research also found that 24% of parents with school age children have either bought or rented a new…
Home owners looking to move up the property ladder face a number of different obstacles, and many believe it is harder to progress up the ladder than to get on it in the first place. This is the finding of new research by Lloyds Bank, which also revealed that more than half (52%) of those…
Newly released data from trade body UK Finance has revealed a rise in mortgage lending during the month of June. The figures show that in June, on a non-seasonally adjusted basis: First-time buyers borrowed £5.9bn, up 26% on the previous month and 9% on June 2016. This equated to 36,000 loans, up 22% month-on-month and…
Having a joint mortgage is a bigger commitment than marriage, according to 40% of British adults. New research by Zoopla also revealed that couples are together for an average of three years, three months and 12 days before they commit to buying a property together. The research found evidence of gender differences when it comes…
