Friday, September 4, 2020
Competition watchdog takes enforcement action over leaseholds
‘It is unacceptable for housing developers to mislead or take advantage of homebuyers’, says CMA
The competition watchdog has launched enforcement action against four of the UK’s leading housing developers – Barratt, Persimmon, Taylor Wimpey and Countryside Properties – after an investigation uncovered evidence that leasehold homeowners and prospective buyers were being misled and charged excessive fees.
The Competition and Markets Authority said the developers may have broken consumer protection laws and has started enforcement action against them.
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Thursday, September 3, 2020
As house prices soar and mortgages disappear, what can first-time buyers do?
A buyer of an average-priced UK home must put down minimum deposit of £33,000
The Nationwide’s grim housing market report this week – showing prices surging 2% in August alone to yet another painful record high – was inevitably greeted in some quarters as good news.
One property industry commentator wrote: “Delighted to see two positive sets of market analysis this morning with property values reaching new heights, which is an impressive effort, all things considered. Rishi Sunak’s shot in the arm for the housing market has certainly worked.”
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Homes for sale (and to rent) in converted pubs – in pictures
From Bond creator Ian Fleming’s village local to a luxury home in the centre of London
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How to stage your property ready to sell Nottingham Estate Agents
In today’s climate, it’s more important than ever to ensure that your property is presented to its full potential to be able to secure the best price. Houses that are staged correctly can sell more quickly and, in many cases, for a higher price. For those who aren’t familiar with home staging, it’s a method […]
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