Sharp decrease in properties available to let, as figures reveal Britain is most expensive country in Europe for rents

Britain is the most expensive country in Europe for renting figures reveal

The number of properties available to rent decreased sharply in May to reach the lowest level recorded this year, data from Association of Residential Letting Agents shows. It comes as a separate report from the National Housing Federation found Britain is the most expensive country to rent a home in the whole of Europe.

Number of new homes built soars 15% as property market momentum gathers pace - but are we building enough?

Homes in south Derbyshire as mortgage payments for new borrowers have reached their most affordable levels for 14 years, with typical payments in some areas of Scotland and northern England taking up less than a fifth of disposable incomes, research from Halifax has found. 

PRESS ASSOCIATION Photo. Issue date: Monday January 16, 2012. Average mortgage payments for new borrowers, including first-time buyers and home movers, stood at 27% of disposable earnings in the fourth quarter of 2011. This marks the lowest proportion since spring 1997 when a 26% proportion was recorded, and stands well below the 37% average over the past 27 years. The study also highlighted a 'clear North/South divide', with the least affordable areas located in London and the South East. Kensington and Chelsea in London was named as the least affordable local. See PA story MONEY Mortgage. Photo credit should read: Rui Vieira/PA Wire

Data from the National House Building Council show 43,987 new properties were registered in the UK between March and May, a 15 per cent increase on the same time last year.

House hunters face smallest cuts to asking prices in five years - but buying agent says it's still worth making an offer... and here are his tips

Property hunters are finding haggling over price increasingly difficult with the average home carrying a reduction of just 6 per cent from its original listing, Zoopla says.

Could you unlock the value in your home for less? Pensioners who took equity release can switch their loan to a cheaper deal

DGXCRP Padlock having the shape of a house, home security concept

Thousands of older homeowners who unlocked cash from their property may be able to slash their interest bills.

New mortgage from Yorkshire BS allows borrowers to offset cost of their home loan against their savings for four years

House keys on mortgage document.

Image by Kate Kunz/Corbis.

A new mortgage will let borrowers offset the cost of their home loans against their savings for four years.

Would you rather have a shoebox in London or a mansion in Wales? One square metre of space hits £12,000 in Kensington, as Britain's property divide spreads

Colourful terraced houses in Portland Road Kensington and Chelsea London W11. Image shot 2008. Exact date unknown.

The London borough of Kensington and Chelsea is the most expensive area in the UK to buy with one square metre costing about £12,000, nearly six times more than the national average.

Moving on up the property ladder just got a little less painful: Demand for first homes and better loan rates make second step easier 

Ryan and Alexander Phayer in their new home in Ashford,Kent re mortgage for stepping up property ladder

The sun is shining on second-steppers like Ryan Phayer and his wife Alexandra as sky high demand for first homes makes it a little easier to jump up the housing ladder.

Downsizing to a smaller property? How to go about it and what to do with the furniture and possessions of your family home

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The furniture and possessions from a family home are unlikely to fit into a retirement apartment or cottage. So, what do you do?

Home cinema, gold leaf plasterwork and even a hair salon: Principal House goes on sale

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Sam Malin, a geophysicist who has set up several oil and gas exploration companies, and Irene Major, a former Miss Cameroon, bought Principal House in 2006 for £565,000.

Go with the flow! Mills, water towers, lighthouses - all the options for those who love to live near water

Upper Crisbrook Mill in Maidstone, Kent, is on the market for £1.25million with Fine & Country (

Water mills have been around since Roman times - so it's no wonder they evoke thoughts of a different era. Gordon Miller looks at all the options for people who like to live near water.

Estate agent Foxtons risks a legal bill as high as £42MILLION after charging a landlord £616 to change a light fitting

Want to exchange contracts fast? Then follow these top five tips for pushing through your property transaction 

Want to exchange contracts fast? Then follow these top five tips for pushing through your

The pre-election uncertainty may be over and even the sun has made an appearance, but that doesn't mean there won't be major hurdles to overcome leading up to exchanging contracts on a new property. Even when both the seller and buyer are keen to exchange quickly, things can grind to a halt. And seasoned home-movers are not immune. The time between an offer being accepted and exchanged can be as quick as six weeks in England and Wales.

'We paid £12,000 just for a signature': Flat owners advised to keep track of the years left on their lease - and act fast before it slips below 80

Paul Benamor of Poole in Dorset who had to extend a lease before he was granted a mortgage.\n............................................\n©George Jaworskyj 2015\

The number of years left can prove crucial at the point of selling or remortgaging. Paul Benamor's lease extension cost him and his sister £12,000.

Buy-to-let gone mad or a smart way to invest in property? 126 buyers snap up Surrey home in just 35 minutes on crowdfunding site

A Surrey property listed on a crowdfunding website has been snapped up in little over half-an-hour as appetite for buy-to-let properties shows no signs of abating.

A repossessed cannabis farm, the Profumo affair and Miami you can learn from 'My SCANDALOUS house move'

Buying and selling property is always eventful. My own recent experience was no exception. But the lessons I learned could help make yours go more smoothly, says Laura Shannon (pictured).

Where to go for the best mortgage deals: Three reasons to smile if you've been paying off a home loan for years

With seven years left to go on her mortgage Stephanie Ford (pictured) is aware that borrowers are living in a golden age.

Mortgage rates set to fall below 1% as lowest ever two-year fixed deal lands on the market at 1.07%

Buoyed by cheaper funding costs on the money markets and historically low interest rates, lenders have let their mortgage pricing drop to record levels.

What next for mortgage rates? Fixed rates tumble to as low as 1.29% as lenders keep on cutting

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Homeowners can fix for two years at just 1.29 per cent and up to ten years at less than 3 per cent. We highlight the best mortgage deals and look at whether it is time to fix.

Could you ditch bricks and mortar and buy a canal boat? It costs a fraction of a house but it's not all plain sailing

What you need to know about buying a canal boat and living on it

A 50ft narrowboat can be purchased for as little as £20,000. In contrast, the average house costs £200,000. But living on a boat is not that simple.You cannot take out a home loan on a canal boat, instead, buyers must either pay in cash or take out an unsecured personal loan. You also need to moor somewhere. We explain the essentials.

Extra room, home office or even a holiday let? What could you do with your garage (if you clear out the junk)

According to RAC Insurance, 62 per cent of motorists don't feel the need to tuck their cars away every night, preferring to use a garage to store junk, tools and garden equipment.

Landlords cashing in buy-to-let properties jumped due to pre-election 'knee-jerk' reaction - especially in London

The number of landlords selling buy-to-let properties increased in April after many were spooked in the run-up to the general election, according to ARLA.

House hunters starved of choice will soon get more to pick from, as post-Election surge in properties for sale is forecast

Rightmove map.JPG

In the three months after the last election, properties coming to market increased by 17 per cent, Rightmove said. It has tipped a fresh burst of activity this year too.

Key to solving housing crisis? Giving smaller housebuilders more financial support, investment bankers say

For sale! Family home... and its occupants: Landlords cash in by buying properties with tenants living there (that even sell at a premium)

Landlords are increasingly targeting rental properties which already have a tenant living inside in a bid to preserve their return, research from a lettings agent has found.

Would you swipe for property love? Tinder-style app aims to find your dream home in 21st Century online dating fashion

Knocker, a new property app, allows browsers to quickly swipe through potential homes and pick the ones they like, in the fashion of popular online dating app Tinder.

Why you need to check for Japanese knotweed: How to spot, how to beat it, and what mortgage lenders have to say

Once summer arrives it can grow a foot a week and start strangling all other plant life. The plant can shoot upwards to more than 7ft high. It can wreak havoc with your chances of selling or buying a home

The best of the new rock-bottom two-year mortgages: Secure a low fixed rate now clear your debt early

Mortgage borrowers are being urged to grab a unique post-Election chance to slash their monthly repayments for the next two years. Paul Jones and Kirsty Stone (pictured) have a two-year deal.

Ten tips for buy-to-let: the essential advice property investors need to consider

Inheritance and gifts the only way for many young people to get on the property ladder, as more struggle to raise deposits

Inheritance and gifts only way for many to get on property ladder

One in six young people between 25 and 34 years old said to have relied on inheritance from a relative to buy their own house, compared to just one in 20 people aged over 55, housing charity Shelter said. Half think their children will be able to buy their first home only after receiving an inheritance, a survey of more than 1,000 parents suggest.

Biggest shortage of homes for sale in nearly six years is pushing UK house prices higher, say property experts

A general view of 'for sale' signs. 
The Government's new Help to Buy scheme will enable people to buy a home with a deposit of less than £10,000 in more than half of regions across country, a property website has found.
Aspiring home buyers will from this week be able to start applying for the second phase of the flagship initiative, which will offer state-backed mortgages to UK borrowers with deposits as low as 5%. The scheme, which has sparked fears of a new housing bubble, will give people a helping hand to buy a new or existing home worth up to £600,000. 

File photo dated 12/10/10 of PRESS ASSOCIATION Photo. Issue date: Monday October 7, 2013. See PA story MONEY Help. Photo credit should read: Rebekah Downes/PA Wire

The news will pile further pressure on the new Conservative government to do something to boost building of new homes as April's fall in new instructions was the steepest since May 2009.

New EU rules could stall Britons buying homes abroad with foreign mortgages - and make it trickier for some to buy in Britain

New rules mapped out by the European Union could be about to make it much harder for thousands of Britons to snap up a holiday home on the continent from next March.

Would you buy a home under the hammer? How to invest in property at auction - or even get on the housing ladder

Record numbers of buyers are turning to property auctions where as long as you can finance a winning bid you can lock in a property purchase within minutes.

Got the keys to your new pad? Now here's how to trim back all those household bills

Glenn Day, pictured, decided he needed to cut back costs so he shopped around for a cheaper insurance deal - and saved himself £150 a year.

New housing registrations soar 18% as UK developers increase building - but we are still below 2007 peak


Some 40,281 new homes have been registered by housebuilders between January and March this year at industry body the National House Building Council.

Home moving costs jump 20% in A YEAR to almost £12k as buyers and sellers hand more over to estate agents and the taxman

Mail On Sunday Property  /  First Time Buyers / Should First-Time Buyers Look North ?

The UK's booming property market has pushed moving costs from £7,475 in 2004 to £11,894 last year.

Are we becoming a nation of renters? Fewer young people are saving for a deposit amid high prices and low income

A stock photo of a couple looking for houses in estate agents window.

The proportion of people aged between 20 and 45 putting money aside to buy a house has dropped from 57 per cent last year to 43 per cent this year, Halifax said.

House prices surge by £1,000 a month and could continue to rise as the number of properties for sale stick at a record low

Property prices set to rise 25% in five years: Housing market in supply crisis as homes for sale plunge to lowest level for 37 years

An 'acute shortage of supply' continues to push UK house prices up, with surveyors expecting prices to rise by 25 per cent in the next five years, the Royal Institution of Chartered Surveyors said.

House price growth slows to 5.1% but values now just £1.2k off 2007 peak - while Slough is hottest property spot

House prices grew 0.9 per cent between March and April to reach £179,817 in England and Wales, latest data from the Land Registry shows.

Thinking of buying a home in the sun? Look to Spain for bargain properties as housing crisis comes to an end, say experts

Luxury seafront apartment complex overlooking the Mediterranean at Betlem, near Colonia de Sant Pere, Spain, with hills of the Parc Natural de la Peninsula de Llevant in background.

Tinsa, a Spanish valuation service, says prices of homes on the Mediterranean coast rose 0.2 per cent in March - the first increase since January 2008.

Are property prices set to surge? High-end buyers scared off by Labour mansion tax fears set to return to market

Buyers scared off by potential mansion tax plans plotted by the Labour party if they managed to grab power are set to flock back to the higher-end property market.

'We saved £1,000 a month while living with parents': Your eight step guide to climbing onto the property ladder

The small deposit mortgages with a £1k sweetener, could you save money with Clydesdale and Yorkshire's home loan?

The lenders are offering a fee free range complemented by £1,000 back. The rates on offer are by no means the lowest, but could the cashback make them worthwhile?

Nationwide boss says he's seen no evidence of high-risk mortgage lending by mutuals, despite regulator warning

Andrew Bailey, boss of the Prudential Regulation Authority, said he was watching a rise in high-risk lending closely. But Graham Beale argued he had seen no evidence of stretched lending.

Landlords race to remortgage and take advantage of record low buy-to-let rates amid 'political uncertainty'

Tenants forced to fork out typical £1,700 when they move home - with almost £300 of this demanded in often questionable fees

Research by the house share website SpareRoom has found that almost half of all tenants are asked to pay so-called 'admin costs' of £298 - money then pocketed by agents and landlords.

Should we move back in with parents to save for our first home - or will lenders look more favourably on us if we are meeting monthly rent payments?

Do we have the right to ask for a dummy CCTV camera or alarm box for our rented home - and would it make it safer?

Last month, I had my car stolen from outside the rental house I live in with my partner. We have asked for our landlord to up security with a dummy camera or alarm - but he isn't keen on the idea.

I can't get planning permission for my loft conversion - but if a bed still fits in, can I call it a bedroom anyway? 

Phillip and Ann Van Pragg. Property Mail feature: Can ex-council homes ever be truly des res? Semi, Findon, East Sussex: £275,000. Original cost: £25,000. Phillip and Ann Van Pragg, who are oth in their 40s, are the second people to won this house after it was bought ten years ago under the right-to-buy scheme for just £25,000. The couple bought the property from the first private owner four years ago for £90,000, but since then prices have rocketed in around this Sussex village. Findon is one of the few communities in the area not to have been overrun by commuters, and it has three thriving pubs as well as restaurants and shops. Patchings: 01903 244944picture    NICK SKINNER
Phillip and Ann Van Pragg with the former semi detacjed council house they have converted into a stylish modern home in Findon Sussex.
Master bedroom in loft conversion.

I've worked out I would still be able to put a double bed up there and there would be enough height in the centre of the room for anyone to stand up. My question is - can I still call this a bedroom?

From building a conservatory to getting a new kitchen - which home improvements deliver the best return?

Splashing out on home improvements not only makes your house a more enjoyable place to live, but it if done right it is also likely to give its value a boost.

We are thinking of using our life savings to start a B&B; after we retire: what are the pitfalls and how do we maximise our chances of success?

My husband and I are on the cusp of retirement. We have been talking about our future and have decided we want to run a bed and breakfast. Where do we start?

On the hunt for a home? The first-time buyer's guide to getting a mortgage

The first-time buyer's guide to getting a mortgage

Are you hoping to get a foot on the property ladder? This Is Money's step-by-step guide explains how first-time buyers can get the best deal on their mortgage, make sure they pick the right choice for them and avoid the market's traps. We explain what new buyers need to know, and how they are being offered assistance from the Government in the form of Help to Buy.

How to pay off your mortgage early

House made of money

Paying off your mortgage early is one of the best investments you can make, slashing thousands off what is likely to be your biggest debt. See our guide

Mortgage affordability calculator: How much you can borrow - and the cost of interest-only vs repayment

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Find out how much you can afford to borrow with This is Money's mortgage affordability calculator, and see the difference between capital repayment and interest-only deals

How to avoid mortgage arrears

Act now: If you feel yourself slipping into the red, do something before you have to sell your home

Read our steps for avoiding mortgage arrears if you feel you are about to fall into the red

How to get the cheapest life insurance: tricks of the trade

Woman using calculator

Choosing the right way to buy life insurance can save you thousands of pounds. We explain the trick to getting the best deal



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