Entries by

Could park homes solve the UK’s housing crisis?

It’s widely accepted that Britain is in the midst of a housing crisis. According to the UK Housing Crisis Report, there are currently almost 1.7 million people waiting for social housing in England alone. And it seems the impact of the crisis may not just be personal and social, it also has the potential to […]

Rise in number of retirees living in rental properties

It is claimed that 25% of retirees are now living in rental property, and that 18% of the entire renting population is now age 55-plus. It is also estimated that 40% of retired renters are former homeowners, so what’s the big appeal of renting in retirement? According to data released by Prudential, 40% of those […]

Cost of selling a property on the rise

The cost of selling a property is on the rise, according to figures from Lloyds Bank. The average cost of moving house is now just under £11,000; a rise of 9% in the last year. Those in London are even more affected, with a £4,732 increase– the equivalent of 18%. With many estate agents charging […]

Top tips to stop your house sale falling through

With news released today that 31% of house sales fell through between July and September of this year, many homeowners will be wondering how they can prevent their house sale from collapsing. By following our top tips, you can maximise your chances of an easy and successful house sale. Present your home at its best […]

One in seven renters break tenancy agreement

One in seven renters has broken at least one rule set out in their tenancy agreement, according to new research.  Paying their rent late, or not at all, topped the list of bad behaviour, with 25% of rule breakers.  Smoking in the property was the second most common offense, with more than one in five […]

Buying a second home: a guide

If you’re considering buying a second property, you may be aware that the government recently introduced new stamp duty rates, but how will they affect you and your new purchase? As part of the government’s plan to help first-time buyers to get a foot on the property ladder, in April this year they introduced new […]

Could you be expected to downsize in order to pay your care bills in later life?

Shocking comments made by Prime Minister Teresa May’s director of policy, John Godfrey, have suggested that home owners may be expected to downsize their property in order to pay costly care bills in later life. The comments, which were reportedly made to an independent commission last year, have shaken the older community. Neil Duncan-Jordan, from […]

Best UK seaside locations for your holiday home

If Brexit has got you feeling nervous about buying a holiday home abroad, or the drop in interest rates have started you thinking about alternative places to invest your money, a UK holiday home could be the perfect solution. We’ve put together our top ten British holiday hotspots for your consideration. Dorset: More accessible than […]

Property is main source of wealth for many older people

Those aged 55-plus have more wealth tied up in their property than in their pension savings, a study by a retirement finance specialist has revealed. The study suggests that 58 percent of over 55s estimate their mortgage-free home to be worth more than their pension, and if they have a partner, more than their and […]

Number of older homeowners set to grow by 155,000 per year

According to a report released by the Department for Communities and Local Government (DCLG), the number of older homeowners – those aged 65-plus – is likely to grow by 155,000 per year.  The report also predicted that older people will account for 74 per cent of total household growth up to 2039. It has been […]