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On Monday I was interviewed by Winifred Robinson on BBC Radio 4 You and Yours programme about new build developers. Currently, they are making substantial profits, yet not delivering the 300,000 homes that the government wants built every year and, in some cases, the quality of new builds seems to be going down the pan. Bearing in mind that developers have been supported by tax payers' money since the 2013 Help to Buy Scheme, You and Yours were asking whether people were getting a good return or if developers needed to do better.
New research released by the Nottingham Building Society (The Nottingham) has revealed that first-time buyers in the East Midlands and Scotland are the most likely to buy alone when purchasing their first property.
New research from Which? Mortgage Advisers (Which?) has found that nearly 17% of mortgage holders responding to a survey has had a mortgage application rejected at some point or another.
A new year is here and as far as ‘resolutions’ are concerned, it’s pretty impossible to work out what the industry can offer this year to prevent transactions and property prices stagnating even further...