Barclays announce HTB rate reduction

Barclays has announced that, from tomorrow, it will reduce rates across its Help to Buy range and high-LTV residential products. According to Barclays, Help to Buy two-year fixed rates at 75% LTV will be reduced to 1.63% with a £749 fee and 1.88% fee-free. A five-year fixed rate is on offer at 2.13%. London Help to Buy products at 55% LTV now start from 1.81% for a two-year fixed rate with no fee and 1.90% for a five-year fix with a £749 fee. …

Which street names are the most popular for home buyers?

New data released by One77 Mortgages has shown that there is value in a good street name and reveals which are the best to live on when it comes to attracting a buyer. Using data from the Land Registry to compile a list of the top 20 most common street names across England and Wales on which properties have sold throughout the last year, the firm found that High Street with 5,050 property transactions in just 12 months was the stand out winner. …

How best to tackle garden and shed burglary?

The latest research from Tiger Sheds has analysed government data and revealed how many of us have had our sheds broken into and what precautions (if any) we are taking to protect our garden buildings, tools and garden furniture from thieves. According to the findings, on average, over 22,500 instances of garden and shed burglary are reported each year. The locations that reported the most shed and garden burglaries over the four year period were: 1. Lancashire Constabulary – 11,2262. Greater Manchester…

Why are people choosing to move home less often?

A little noticed change in Britain’s housing market spells trouble for everybody. Moving home is becoming a rarity. After the 2008 financial crash, people have been moving far less frequently (on average once every 23 years), than during the boom in 1988 (around every 9 years). So, why are people staying put? The causes of the current conditions are extensive. Did I miss it? The golden age of the 1980’s property turnover encouraged people to buy their own homes. Credit blossomed as…

Majority of millennials would consider ‘alternative living’ to get on the property ladder

For many prospective first-time-buyers, the biggest hurdle to getting on the property ladder is saving for a deposit. A new study commissioned by BWML, a UK residential and leisure mooring provider, has revealed that 55% of millennials are unable to save the deposit required to purchase a traditional property. The data revealed 51% of millennials are willing to tackle this problem by purchasing an alternative dwelling, over a house or flat, to get on the property ladder. When asked if they would…

Housing affordability at 8 year high: Rightmove

The latest data and analysis from Rightmove has revealed that annual house price growth increased marginally during February. The 0.2% rise was the lowest recorded at this time of year since 2009. The marginal increase in house prices, combined with average wage growth running at an annual rate of 3.4%, has resulted in affordability for prospective buyers improving at the fastest rate against average new seller asking prices since 2011. According to Rightmove, new sellers in all northerly regions, including the Midlands, are…

Castilho on The Press and Brazilian Narratives of “Uncle Tom’s Cabin” @celso_thomas

ICYMI: Celso Thomas Castilho has published The Press and Brazilian Narratives of Uncle Tom’s Cabin: Slavery and the Public Sphere in Rio de Janiero, ca. 1855, at 76 The Americas 77 (2019). Here is the abstract. In March 1855, a literary newspaper in Rio de Janeiro printed the first installment of Nísia Floresta’s “Páginas de uma vida obscura,” a serialized short story inspired by Harriet Beecher Stowe’s Uncle Tom’s Cabin (1852). Seven more chapters followed, keeping “Páginas” in the public eye for months. The Jornal do Commercio, arguably the national…

Has the UK property market peaked?

According to property management firm, Apropos, not only has the market peaked, it has begun to fall back on itself with average prices sliding across all parts of the country. The family-run property management businesses, run by brothers David and John Alexander, has analysed official data and found that average prices in all parts of the UK (with the exception of Wales which continues to increase in average price) peaked between August and November of last year with average prices in London having reached…

Mansfield BS announce cuts across Versatility products

Mansfield Building Society has announced that it has reduced rates across its Versatility discounted mortgage product range with pricing now starting at 3.49% up to 4.49% variable. Versatility is The Mansfield’s range of mortgage products where an application may need more individual underwriting expertise. The range is split into four bands, depending on the level of complexity, and covers off a number of different application types including: • Mortgages for those with a limited employment or self-employed history• Mortgages on unusual property types•…

“No part of the country untouched by construction” promises Housing minister

The housing minister Kit Malthouse sent a strong message to the Better Design for Better Places conference in Birmingham yesterday, calling for a “golden period of housebuilding” Malthouse said that with the increase in housing output, he was seeing more resistance to development from a design perspective. The Minister explained: “People are feeling what’s being designed is ubiquitous and not fitting in with communities,”. He had learned from his constituency in North West Hampshire that the “bulk” of objection to new housing concerned…