A new breed of “five per centers” is taking over the new
homes market in parts of London. Using the Government’s subsidised Help to Buy
London scheme and a five per cent deposit to get on to the housing ladder,
these buyers are now responsible for more than half of all sales of new homes
in a “halo” of postcodes around the capital. Some 85 per cent of the new homes
sold in West Wickham over the last two years were to buyers bolstered by a 40
per cent government equity loan. The average price of a new home in the BR4
postcode stands at just under £421,000, up 14 per cent in the past two
years. Read more on the Evening Standard
website.
Fee hikes will price us out of canals, say houseboaters in England and Wales
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Charges to go up by as much as 75% for widest vessels under five-year
licence increases that started in April
Finding an affordable place to live on land...
22 hours ago
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