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UK Property

I got on the property ladder through ‘lifeline’ government account – you can get £1,000 free cash a year

A WOMAN resigned to renting for life got on the property ladder by temporarily becoming an estate agent – to learn the tricks of the trade.Comedian Kate-Lois Elliott thought she was going to live in a rented basement flat for the rest of her days due to her career choices.2Comedian Kate-Lois Elliott got on the property ladder by saving into a LISACredit: Ben Stevens/PinPep2She also became an estate agent for six monthsCredit: Ben Stevens/PinPepAs a former actor-turned-comedian – who is married to another actor – their irregular income offered little...
UK Property

UK house prices: Salary needed to buy average home in every area

The shortfall between the average salary needed to buy the average home in an area and the average salary of someone living in that area varies across the country08:07, 10 Mar 2025Updated 08:49, 10 Mar 2025House prices have continued to rise over the years(Image: In Pictures via Getty Images)Prospective homeowners in the UK need to earn £53,600 a year in order to be able to afford the average property.Homes bought in the year to December 2024 cost their new owners £268,000 on average, according to the latest figures from the...
UK Property

Rightmove expects increase in revenue this year as property market recovers

The company said that "supportive" property market trends in the early months of this year would support a rise in revenue of between 8% and 10% compared with 202412:52, 28 Feb 2025Updated 12:53, 28 Feb 2025Average revenue per advertiser, a closely-watched indicator for Rightmove, rose 6% (Image: PA Wire/PA Images)Rightmove has predicted a revenue growth of up to 10% this year, as lower mortgage rates due to rate cuts attract more potential homebuyers to its website.The company noted "supportive" property market trends in the early months of this year, with...
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