Fever pitch
More than 74% of those countries competing in the Euros 2016 recorded price growth in the intervening four years since the last tournament. The Nordic countries along with Ireland, England and Germany have seen prices accelerate while prices in most of the southern European economies still sit below their level in 2012. The hosts, France, are favourites to win, here house prices are 6% below their 2012 level but they have reached their floor with growth of 0.5% recorded over the last 12 months.
Knight Frank
Money bags
Britain has an estimated total of £469m hidden in and around homes in the form of loose change and currency, according to a brand new study. Around 97% of people polled admitted that they had found money within the last few weeks that they had previously misplaced. The top five locations were:
1. Suitcases/bags
2. Cars
3. Sofas
4. Bedroom drawers
5. Under beds
www.Lottoland.co.uk
Loan size cap lifted
Skipton Building Society and its intermediary lending arm, Skipton Intermediaries, has removed its maximum loan size cap for first time buyers in a move to support one of the most important rungs on the UK’s property ladder. The move is aimed in particular to support the London and South housing markets, where first time buyers with good jobs and deposits struggle to meet lenders affordability criteria.
Skipton Building Society
North-South gap
The gap between home repossessions in the North and South has almost halved in the last year. In 2015, repossessions in the North fell to a rate of 2.1 per 1,000 households, compared with 1.4 per 1,000 in the South, according to e.surv’s analysis of court-ordered repossessions in England and Wales, broken down by postcode. This leaves a gap of 0.7 between the two regions for 2015.
e.surv
No more sale
New research reveals that 28% of homebuyers have had a house purchase fall through after their offer was accepted, and on average homebuyers were left nearly £3,000 out of pocket as a result. The survey of 2,000 homebuyers found that it takes over 4.5 months on average, from starting a property search to having an offer accepted. However, 28% of purchases fell through after that point.
The main reasons for a property purchase falling through were:
● The seller decided not to sell their home after all (27%)
● The buyer pulled out, as their own property sale had fallen through (21%)
● The buyer found somewhere else to buy (21%)
● The buyer was ‘gazumped’ (21%)
Which? Mortgage Advisers
Home sweet home
Our emotions towards our belongings are positive - coming across treasured items typically makes 61% of Brits feel happy and reminds them of who they are. Nearly two thirds of us even have a place in their house dedicated to keeping the things they can’t bring themselves to throw away. The survey revealed that nearly half of Brits argue with their partners, housemates or family when trying to decide what to keep when moving house with a third of those saying arguments were based on their difference in opinion of ‘how much stuff is too much’.
Safestore
