New Built Homes Continue to 'Buck the Trend'
publication date: Nov 18, 2010
|
author/source: Kate Faulkner, Property Expert and Author of Which? Property Books
New Built Homes Continue to 'Buck the Trend'New build properties do seem to continue to 'buck the trend' when it comes to the general sales market. This is likely however to be due to the tiny volume available for buyers to purchase versus normal years. September did supply a decent amount of stock, but it's likely that because of spending cuts, continued economic gloom and doom, coupled with lenders' reluctance to give decent loan to values on new builds, that developers won't be keen to increase the housing supply anytime soon. Not all properties are doing OK though, town house prices are down year on year. Any price growth appears to be down to semi detached, apartments and detached versus last year. READ MORE for a detailed analysis of the New Homes Market. READ MORE for October's Regional Performances Need to know why you need to be careful when buying a new home? Why some lenders request a higher deposit for some new build properties? Call us on 0845 838 1763 or email enquiries@designsonproperty.co.uk Not sure what to do? If you need independent advice on buying in the UK, then contact Kate Faulkner and her team at Designs on Property by emailing enquiries@designsonproperty.co.uk or calling 0845 838 1763. Better still, buy a First Time Buyer Pack and make sure you have access to the Designs on Property team so you can enjoy a smooth move! Thinking of investing in a Buy to Let? Then make sure you purchase a Buying and Renting a Buy to Let Property Pack and make sure you have access to the Designs on Property team so you can enjoy a trouble free buy to let! |
Members LoginMembership is chargeable, please CONTACT US for more information. Site Search |