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Residential Property Review – May 2019

Posted on 29 May, 2019

Calls for a compulsory ‘snagging retention’ on new builds A recent survey by New Home Review has revealed that more than 9 out of 10 new-build homes in the UK have defects and almost 40% of new builds fail to meet their original deadline. Following on from this, the HomeOwners Alliance have launched a campaign […]

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Economic Review – April 2019

Posted on 07 May, 2019

STOCKPILING BOOSTS UK ECONOMY The UK economy grew more strongly than expected in February as ‘pre-Brexit’ stockpiling provided a boost to the monthly rate of economic growth. Official gross domestic product (GDP) data released by the Office for National Statistics (ONS) has revealed that the economy expanded by 0.2% in February. While this does represent […]

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Residential Property Review – April 2019

Posted on 24 April, 2019

‘Last-time buyer’ numbers increase in home purchases Whilst first-time buyers make up just over 50% of residential home purchases currently, a further 30% of purchases, accounting for approximately 200,000 homes, are being made by buyers aged 55 or older. This research, conducted by the Intermediary Mortgage Lenders Association (IMLA), states that of this group, many […]

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