There are a host of steps to take before you reach that cathartic stage of packing everything up and moving into your new home in Greater London. Even before you start the thrill of house hunting, finding your dream home and making an offer, you will need to deal with the logistics, and the first logistic is saving up for your mortgage.
Councils in England will have more freedom on how they spend the money from homes sold through Right to Buy (the sale of a council house), to help them build the homes needed in their communities, under reforms announced by Housing Secretary Rt Hon Robert Jenrick MP.
Huntingdon in Cambridgeshire saw the biggest number of property purchases in 2020 with over 400 per capita, according to Haysto.
UK average house prices increased by 7.5% over the year to January 2021, down from 8.0% in December 2020 according to the latest ONS House Price Index.
The provisional seasonally adjusted estimate of UK residential transactions in February 2021 was 147,050, up 48.5% annually, according to the latest HMRC Property Transaction data.
How to take the temperature of property demand near you - and the hottest and coldest areas revealed
For anyone who’s found it challenging to save for a 15% or 20% deposit over the past year or so, we’ve got some good news to share.
As the property owner, you have every right to sell your property whenever you want, even if you have sitting tenants.
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