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Myra Butterworth
@MyraButterworth
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Journalist with a love of homes & fitness. Spent five years at The Daily Telegraph followed by almost a decade at MailOnline. Email: [email protected]
London & Wiltshire
Joined February 2009
RT @SophieLB1: Grenfell Tower survivor Marcio Gomes hitting the nail on the head #JusticeforGrenfell #Buildingsafetycrisis
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RT @HenryPryor: Avoid. Shared. Ownership! “I've complained, I've offered the flat back. I've emailed the CEO. But no one cares. I would lit…
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How much do first-time buyers need for a deposit based on their postcode? National average is a £53K deposit (and a £63K salary), but how does it vary across the UK? My exclusive property story in today's @TheSun - and a map reveals all
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Nathan Emerson, of Propertymark, explains: “What we are witnessing is an encouraging uplift in consumer confidence, with an average 10% leap in prospective buyers registering their interest to purchase. "This, coupled with a desire for many existing transactions to beat any Stamp Duty increases across England and Northern Ireland before April, has opened the year with pace.” (2/2)
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This year has been a tough one for homebuyers. In particular, being able to meet mortgage payments has been a stretch for many potential buyers, Nationwide has said. Robert Gardner, Nationwide’s chief economist, explained: “For many of those with sufficient savings for a deposit, meeting monthly payments was a stretch because borrowing costs remained well above those prevailing in the aftermath of the pandemic. “For example, a typical mortgage rate for someone with a 25 per cent deposit hovered around 4.5% for much of the year. “This is three times the 1.5% prevailing in late 2021 before the Bank of England started to raise Bank Rate", it said.
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RT @EOCS_Official: 📢 @UKLabour has announced its Cladding Remediation Acceleration Plan. The "plan" looks extremely disappointing. Innocen…
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RT @LiamSpender: Following on from last week's announcement, the government has this morning opened a consultation on banning secret insura…
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