First-time buyers will only need a 5% deposit on newly built properties and flats following the move by Santander.
Related topic: New build
Property professionals are looking to the government to increase its support for first-time buyers during next month's budget.
New home registrations showed a 44% drop in 2023 compared with the previous year, according to figures released by NHBC.
133,213 new homes were completed in 2023, down 12% on 2022 according to newly released figures from NHBC
The latest NaCSBA Custom and Self-Build Report also found that CSB homes contribute significantly to local economies by spending more on materials and labour.
Newly released figures from Aviva have revealed that thousands of homeowners and tenants are at risk of flooding, with around 8% of all new homes built in the last ten years...
Despite anticipating more of the tough market conditions seen throughout 2023, Knight Frank says that demand for new homes remains robust, dependent upon the location and pricing.
In contrast to trends of falling house prices for aspects of the market, the sale of new homes appears to be relatively resilient.
The Elizabeth Line has helped to expand the boundaries of ‘commutable London’
With the latest estimates revealing that up to 90,000 new build homes sit empty across the UK due to mortgage LTV restrictions, specialist finance lender Atelier suggests that Higher...