“Impossibly unaffordable”. That’s how international researchers describe Australia’s housing market. Australia’s major cities keep beating other global cities as one of the most unaffordable places in the world to buy a home. The 2025 Demographia International Housing Affordability report released each year examines markets in Australia, Canada, China, Ireland, New Zealand, Singapore, the United Kingdom
In the main, property prices by city are showing some huge differences and continue to show a North/South divide, with the likes of Bradford, Liverpool and Newcastle upon Tyne seeing the higher price rises while the likes of Brighton and Hove, London and Tunbridge Wells are seeing small increases. The exception to this is Aberdeen,
A COUPLE have revealed that they are now rent and mortgage free, at just 30-years-old, after building their own tiny home. Lexie and Jed had hardly any DIY experience when they embarked on their huge project, but still managed to create their dream off-grid home. 2 Lexie and Jed are rent and mortgage free at
MORE low-deposit mortgages are available now than at any time since the 2008 financial crisis. There are 442 home loans with a five per cent deposit to choose from, more than double the number from two years ago. Borrowers able to stretch to a ten per cent deposit have the pick of 845 deals —
A MAJOR lender has launched a new zero deposit mortgage for Right to Buy home loans. Barclays has said people applying for a Right to Buy mortgage with the bank no longer needs to put down a deposit. 1 Barclays has launched a zero deposit mortgageCredit: PA The Right to Buy scheme lets tenants in
This month’s property market update shows that, economically, we are in a bit of a ‘holding’ pattern at the moment. Inflation isn’t coming down consistently to its 2% target, staying high at 3% in January and dropping to just 2.8% in February, which is why base rates didn’t move down this month. Part of the
MANY homeowners aged 55 and over might find they have a high proportion of their wealth locked in the value of their property. For those looking to make their lifestyle more comfortable, accessing this value, known as equity release, could help. But could you access the cash tied up in your home? Read on to
BRITSTOL’S first-time buyers have been named the savviest in the UK, making the most of a savings-boosting account to step onto the property ladder. Customer data from Moneybox reveals that the West Country city leads the way in utilising the Lifetime ISA (LISA) to buy a first home – which encourages 18-39 years olds to
A MAP has revealed the cheapest towns to live in that offer the best value for money on property, bills and travel. Settlements across England and Wales were analysed to find where the money goes the furthest for residents. 2 Barrow-in-Furness in Cumbria topped the list of best value-for-money towns 2 Barrow MP Michelle Scrogham
BRITAIN’s “skinniest home” which measures just three feet wide has a secret hidden inside. At first glance, the incredibly narrow building in Bristol looks like you would have to be two-dimensional to live there. 5 An unusually designed house on New Station Road in Fishponds, Bristol appears to be incredibly thinCredit: BPM 5 It measures