The rise of London's emerging 'posh' areas: Wealthy young buyers transform previously downbeat areas such as South Acton and Peckham Rye

Rise of London’s emerging ‘posh’ areas as such as South Acton and Peckham Rye

Wealthy buyers under 35 are shunning traditional exclusive enclaves of London, such as Chelsea and Kensington, in favour of 'edgier' locations loved by those who work in the media and arts industries. South Acton and Islington are proving to be the most popular among these househunters.

Dreams of owning a property near London can come true! Buy a home of your own within the M25 for just £30,000 (garage not included) 

Buy a tiny home of your own within the M25 for just £30,000

The property in Essex is a rare opportunity for cash-strapped homehunters as it costs marginally more than the average annual salary. It is within the M25 and has a guide price of just £30,000. Most properties in the area - which is within an easy commute of central London - cost at least £300,000.

First-time buyers must find another £8,000 to buy a home compared with last year as property prices hit a record £284,000

ONS say first-time buyers must find another £8k to buy a home

The average price of a home bought by a first-time buyer rose by another 3.8 per cent over the year to August, rising to £215,000, according to the Office for National Statistics. The extra strain for first-time buyers comes as house prices surged to a record peak of £284,000 across the UK in August, after climbing by £2,000 in one month alone.

Purge sentimental tat and get rid of every 'joyless' item: The top 10 tips for decluttering your home, according to the 'KonMari craze' sweeping the world

The top 10 tips for decluttering your home, according to KonMari

What is KonMari? It's the process of going through everything you own and asking: 'Does this spark joy?' If the answer is no, then the item is binned. After you've dumped most of your worldly items, you're meant to put back in an ordered fashion all the things that survived the cut.There's a system for everything, from filing to organising your wardrobe (longer items should be hung on the left, gradually getting shorter to the right) and even how to fold your knickers.

What do you want from a new home? Men want a short commute while women prefer a larger property, survey claims

Men want a short commute while women prefer a larger home, survey claims

Having access to a private garden was more important for women than men, who instead were fine with being close to a park, according to the survey by Santander Mortgages. Graham Sellar, head of business development at Santander Mortgages, said the findings suggest that 'men are most interested in what they can do and where they can go outside the home, whereas women are more concerned with the bricks, mortar and space within'.

The green zone not the green belt: Could building on disused military bases help solve the UK's drastic housing shortage?

Could building on disused military bases help solve UK's drastic housing shortage?

Planning consent has been granted for 2,100 new homes to be built at Upper Heyford by 2031. It is one of the US Air Force base that have been mothballed since the fall of the Berlin Wall. Those available range from two-bedroom, mid-terrace houses at £267,995 to five-bedroom properties at £759,995.

Inside the house designed by Kate Moss: Supermodel proves woman of many talents as she turns interior designer... but luxury Cotswolds home will set you back £2.5m 

Kate Moss proves she's a woman of many talents as she turns interior designer

Set in the heart of The Cotswolds, where Kate, inset, herself resides, within its own secluded one acre plot of private woodland, the new five bedroom home claims to be a 'retreat away from the bright lights of the city and catwalk scene.' Inspired by a notion of stumbling across a hidden gem in the midst of the forest, the home features a double height reception space, five large bedrooms, a spacious outdoor entertaining deck, private pool and large retractable doors. But a home designed by a supermodel doesn't come cheap; prices start from £2.5 million for the five bedroom property.

Revealed: Top ten UK property hotspots for the next decade - and the tell-tale signs a neighbourhood is 'up-and-coming'

The top 10 property hotspots for the next decade and none are in London

An online estate agent's experts have revealed which parts of the country they think will make the most money for property buyers in the near future - and they're not where you might think. They also listed factors that can help you spot if your area is set to explode, including delis and aspirational street names.

'Buy-to-let tax move is a game changer and we're not building enough homes' - TV star Phil Spencer reveals his thoughts on Britain's property market

TV star Phil Spencer reveals his thoughts on Britain's property market

Phil Spencer is a rock 'n' roll star of property television. He can be found with his sidekick Kirsty Allsopp on Location, Location, Location and riding solo on his Secret Agent show. He talks to This is Money about current problems facing the British housing market/ Does he believe in house price indexes, are we building enough homes and is buy-to-let booming too much?

Property market cools as house price inflation continues to slow - but homes in the East of England rise at double the national average

Property market cools as house price inflation continues to slow, says Land Registry

Property market growth has continued to cool with house prices up 4.2 per cent compared to a year ago, official data shows. Annual house price inflation is at its lowest level in the last 12 months during August, according to figures from the Land Registry.

We want to downsize but it's too expensive: Older homeowners told to make space for young families are locked out by high prices

Older homeowners told to downsize are locked out by high house prices

Critics say that if home blockers moved out, it would release properties for younger families who are trapped in small flats, but many who do want to downsize are trapped by the cost. Like many, Susan Sellor cannot find any reasonably priced homes she would like to move to.

Britons see 41% of monthly pay vanish on their rent - and Londoners have to spend half their income

Britons see 41% of monthly pay vanish on their rent as Londoners spend half

The average cost of renting a home in London is £1,472 - half the average salary of nearly £3,000 a month, according to data. Across the UK overall, the average monthly salary is £2,266 and the average rent is £935, meaning renters on average sacrifice 41 per cent of their pay for accommodation.

Ever dreamt of owning a home abroad? Here's how to do it - from mortgages, to tax and the legal traps

How to buy a home abroad - from mortgages, to tax and legal traps

Owning a property in sunnier climes is a dream realised by thousands of Brits each year - and with keen prices and a strong pound there are bargains to be had. But hurry, because these will not be around forever as economic recovery spreads across Europe. Paul and Caryn Hughes bought a home in Portugal.

Flowing with joy: Living near water can be pricey but it stirs the soul, says Rosie Millard

Flowing with joy: Living near water can be pricey but it stirs the soul, says Rosie

The Old Boathouse in Guildford, a converted Victorian boathouse which includes its own deck and mooring is on the market for £875,000 but do you need to be wet behind the ears to buy it?

Want to make a healthy profit from a student buy-to-let? Pick a Scottish university city (and avoid Wales and the North of England)

Want to profit from a student buy-to-let? Pick a Scottish university city

Edinburgh has beaten all other buy-to-let contenders in the student market, offering an average income of 6.11 per cent on a four bedroom property. But Middlesburgh landlords get the lowest yield of just 1.47%

Brummie good deal: Priced out Londoners invest in Birmingham - where they can buy two flats for the price of one in the capital

Brummie good deal: Priced out Londoners invest in Birmingham - where they can buy two

A report by PwC and the Urban Land Institute says Birmingham is set to overtake London as the most attractive city for property investment over the next 12 months. According to Knight Frank's Birmingham Report, there will be 18,500 new households in the city by 2019, with the rate of supply likely to fall short of demand by some 2,000 homes, which inevitably will push up prices.

Can't be bothered to get a survey done on your future home? You could risk shock repair bill of thousands for hidden horrors

Can't be bothered to get a survey done on your future home? You could risk shock repair

Four in five homebuyers choose to skip a survey of before before they buy costing an average£5,750 in repairs to their dream home. Forgoing a Home Condition Report, HomeBuyers Report, or Building Survey cost new home owners a total of £3.56 million collectively last year.

Brits expect to buy their 'forever' home by the age of 44 - and one in ten would spend £30k over the asking price to secure their property dream

Brits expect to buy their 'forever' home by the age of 44 says Tepilo

House buyers across the UK expect to be living in their 'forever' home by the age of 44, new findings suggest. But, one in three people aged 55 or over believe that no such place exists, research by Sarah Beeny's estate agency Tepilo said. As house prices in many parts of the country increase and a rise in mortgage rates looms, the average house buyer in the UK currently has a budget of £205,221 and will own two homes in their lifetime.

The 100 best places for families to live revealed: Do you live near a family friendly hotspot?

The 100 best places for families to live revealed

England's most family friendly places to live are not the high house price areas of the South East but locations in the more affordable North, according to a Family Friendliness index. We reveal the full list of the top 100 places to bring up a family and map them - so you can check whether one of the hotspots is near you.

Live like a supermodel: Natalia Vodianova's country pile goes on sale for £3million... complete with a spa and swimming pool

Natalia Vodianova's country pile in Selham in West Sussex goes on sale for £3M

She may always look glitzy on the red carpet, but as these images Lodsbridge Mill estate in Selham, West Sussex reveal, the rags-to-riches Russian supermodel has a far more understated style when it comes to staying in. Clockwise from left: The exterior of the grade II listed four-bedroom house, the rustic kitchen, indoor-outdoor swimming pool and main bedroom.

House prices in UK's largest cities jump by largest amount in 11 years - with Oxford and Cambridge the biggest risers

House prices in UK's largest cities jump by largest amount in 11 years

The cost of a home in Britain's biggest cities leapt to the highest quarterly level in 11 years, new findings reveal. With demand continuing to outstrip supply, house prices in major cities increased by 4.3 per cent to an average of £227,100 in the three months to July, Hometrack said.

From seagulls to wasps, don't get stung by pests: How to deal with a home menace - and what insurance covers

From seagulls to wasps, don't get stung in the wallet by pests: Seek expert help - and

A plague of pests is descending on homes this summer - wreaking havoc and expensive damage on those who fail to fight back. Due to a mild early summer there has been an explosion of wasps over the past few weeks that have been gatecrashing picnics and causing a nuisance at home barbecues and in pub gardens.

Homes up £12,000 in a year as lack of property for sale pushes up prices - and agent forecasts an 18% rise by 2019

House prices up £12k in a year as Knight Frank tips 18% gain by 2019

House prices rose by £1,000 a month over the past year with the East of England recording the biggest gains, according to new official figures. Property inflation in the East of England hit 9.2 per cent in June, the ONS house price index reported, with the next largest annual gains seen in Northern Ireland, at 9 per cent, and the South East, at 7.7 per cent.

What's in an address? Properties with 'lane' in the title are typically £100k more expensive than those on a 'street'...

House prices vary by £100 depending if your address is Lane or Street

There are some regions where, however, this does not apply, with London's most valuable properties on 'streets' and Scotland's homes in 'closes' carrying the highest prices. Across the UK as a whole, homes on lanes are priced on average at £245,906, which is 22 per cent or £44,600 more than the typical UK house price, at £201,246, according to research for Barclays Mortgages.

Working from home can be a joy provided you have a dedicated and uplifting space 

Working from home can be a joy provided you have a dedicated and uplifting space 

More Britons than ever are working from home. According to the most recent figures from the Office for National Statistics, as of June 2014 there were 4.2 million home workers in Britain - 13.9 per cent of the workforce. While there are many pleasures in working at home - setting your own routine, no office politics, fewer disturbances - there is one great pitfall: you cannot leave your desk behind at the end of the day.

Liz Hurley cashes in on booming price of farmland: Actress triples her money in just 13 years as she sells nine-bedroom Cotswolds mansion for £9million

Liz Hurley sells her Cotswolds property for £9million

Liz Hurley, 50, bought the Grade II listed property (pictured main) just outside Barnsley, Gloucestershire, for £3.3million in 2002. She said at the time that she hoped to live a farmer's life and even bought cattle, sheep, pigs, chickens and geese to prove it. The actress and model, currently starring in the US series The Royals, put the home up for sale for £6million but it languished on the market for nearly a year.

Why have your main living space downstairs when the best views are upstairs? Growing trend for 'upside-down' homes

Growing trend for 'upside-down' homes with bedrooms downstairs

The idea of inverted living - bedrooms downstairs, kitchen and living rooms upstairs - hails from Australia, where properties are designed to take in spectacular sunrises or sunsets. It's common in Sweden and much of Scandinavia, too.

Use yellow undercoat and turn shabby into chic: Five top DIY tips to tackle those nagging jobs that hang over you at home

Five top DIY tips to tackle those nagging jobs that hang over you at home

We all know how easy it is to let things slide at home. Good DIY intentions so often begin and end at the checkout of Homebase. Some might get as far as shifting the furniture, laying dust sheets and even taping off the skirting boards. Those who manage to roll on two coats of Elephant's Breath, congratulate themselves with a cuppa, before packing up and moving on to the next project. Weeks or even months pass. That piece of masking tape taunts; splatters of grey on the white ceiling whisper at failure.

The piers creating a buzz for homebuyers: Cromer and Bournemouth lead the way as more seaside towns regenerate iconic structures

The piers creating a buzz for homebuyers: Cromer and Bournemouth lead the way as more

Britain's seaside towns aren't just tempting day trippers. Increasingly, homebuyers are drawn to the coast and in many cases they are prepared to pay a premium to be there, says Fred Redwood. The pier in Bournemouth is an action-packed amenity with attractions such as an indoor simulated rock climb and a zip wire, on which thrill-seekers ride over the waves to the beach. There is also an abundance of property ideally suited to younger, first and second-time buyers.

Bing
   

DON'T MISS: PROPERTY

Poll

What would you find most attractive in a potential home?

What would you find most attractive in a potential home?

  • Spacious rooms 129 votes
  • Open-plan living 61 votes
  • Expensive kitchen 43 votes
  • Luxury bathroom 22 votes
  • Large garden 63 votes
  • Chance to extend 21 votes
  • Period features 67 votes

Now share your opinion

  •  
  •  

Mortgage Affordability Calculator

Your monthly payment

Enter how much you plan to borrow and find out your monthly bill. Assumes interest calculated annually.

Result
Your total mortgage

Enter the amount you can afford to pay monthly (eg. your current rent) to find out how much you can borrow...

Result
Are you over-stretching

How much of your income goes on your mortgage?

Result
   

PROPERTY: DON'T MISS

True Cost Mortgage Calculator

Monthly payment

Find out monthly payments and compare the cost of mortgages over the initial deal period including arrangement fees.

Results
Comparison calculator

Use this 2nd calculator to do a comparison with the mortgage above.

  1. %
Results