Location is one of the most important considerations for home buyers when it comes to deciding on a new house, and many purchasers are prepared to pay a premium to secure their ideal setting.
The latest UK House Price Index (UK HPI) has revealed an average annual property price increase of 8.4% in August, taking the average property value in the UK to £218,964. On a month by month basis, average house prices rose by 1.3% since July.
Confidence is returning to the UK housing market after a slight dip in the run-up to the EU Referendum, the latest Property Tracker by the Building Societies Association (BSA) has found.
According to recent research, over 70% of prospective homeowners in Britain would prefer to buy a property in need of work rather than a home that is already in move-in condition.
On the 31st July, the Right to Buy, which allows tenants in social housing to buy their homes, will come to an end in Scotland.
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