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I’m a property expert: Investment advisor Anna Clare Harper says Labour won’t build 1.5million homes

Property is a favorite British conversation topic. It feels as if everyone has an opinion on where house prices are heading, the next property hotspot or where homes should - and shouldn't - be built.But to get a true sense of what's driving the market, it is worth listening to the people who live and breathe property day in, day out. In this new series, we will be putting an expert through their paces each month.We want to know their view on all of the hot-button topics mentioned above as well...
UK Property

Outright property owners on the rise as cash-rich Britons pay off mortgages

Increasing numbers of Britons now own their home without a mortgage, government figures have revealed.In 2023/2024, 37 per cent of households owned their homes outright, according to the Department for Work and Pensions' latest Family Resources Survey.It is less than the 28 per cent of homes owned with a mortgage, revealing a widening gap between those who own their home outright and those who don't. Over the past ten years, the number of people owning outright has risen from 33 per cent to 37 per cent of households.The percentage of households...
UK Property

Fastest and slowest areas for buying property – and how to speed a house sale up

House sales are taking more than three months to complete once an offer has been accepted, according to analysis by property buying website OneDome.The research looked at almost 200,000 property listings over the course of 2024 and found that property transactions took an average of 108 days to complete.However, in some parts of the country, buyers are finding they are having to wait for an agonising five months.Buyers in the capital typically face the slowest completion times.The north London borough of Islington was found to be the slowest market in the...
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