Showing Tag: "exeter" (Show all posts)

Property Prices in Devon & Cornwall Continue to Rise

Posted by Jonathan Braddick Architects Devon on Thursday, August 13, 2015, In : Estate agents Devon 

It remains a fantastic time to move and buy property in Devon and the wider south west as house prices are continuing their unrelenting rise. New figures show the average cost of rising up the property ladder is a huge seventeen percent higher than around 5 years ago. 

The Lloyds Bank Homemovers Review says that the average 'step-up' home in the South West is priced at £256,318. However, a few property hotspots like Salcombe in Devon and Padstow in Cornwall cost much more.

Andrew Mason, L...

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Prices Continue to Surge Across the South West

Posted by Jonathan Braddick on Wednesday, April 30, 2014, In : flats for sale exmouth 

According the press house prices are set to continue to surge across the South West by in the region of 6% per year, for the next five years. It is reported that this is as a result of a severe shortage of housing.

Prices across the South West are said to have risen by around 7.5% year-on-year to April.  As a result the average home in the South West region is reported to be worth £198,325 – which is close to the pre-recession levels - according to a Nationwide report.

It is believed tha...

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Number of First Time Buyers On The Rise

Posted by Jonathan Braddick on Sunday, February 23, 2014, In : flats for sale exmouth 
New statistics have been published by The Council of Mortgage Lenders (CML) that show an big improvement in the amount of 'first time buyers' qualifying for a mortgage in the last month of 2013. 

The statistics indicate an increase in 'first time buyer' borrowing of over 26% year on year. The amount of first time buyers and people moving home got bigger nationally during the last quarter of 2013. There was an annual increase of 37% and 19%. These numbers are reflective of the increasing trend ...
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Flats Remain the Property of Choice for those Wishing to Downsize and 2nd Home Owners

Posted by Jonathan Braddick on Monday, June 10, 2013, In : Estate agents Devon 
The estate agency and mortgage group have reported that the number of first time buyers is increasing.

The group has predicted that the amount of first time buyers increased by 15% in the month of April, and that in the first quarter of 2013 that there were nearly 10,000 more first time buyers than in the same period the previous year.

The findings used information from estate agent brands Your Move and Reeds Rain, that indicated that there were more than 20,000 first time buyers in April, up n...

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Lenders insist the housing market recovery IS here!

Posted by Jonathan Braddick on Thursday, January 24, 2013, In : Estate agents Devon 

Mortgage lenders are insistent that the housing market recovery is under way.

The Council of Mortgage Lenders says it “may be easy to overlook the recovery that has already quietly been under way”, with consumer seing not yet caught up.

The CML gives ten reasons for its positive outlook, starting with a claim that last year there was the highest number of property transactions since the onset of the credit crunch.

Although the Land Registry data on transactions for 2012 will not be available...

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