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Lockdown savings mean first-time buyers are relying less on the Bank of Mum and Dad

Are first-time buyers weaning themselves off Bank of Mum and Dad? Number funding their own deposits rockets aided by the pandemic Thanks to the pandemic, 43% of first-time buyers are now paying their own mortgage deposit in full compared to 29% in 2016, according to Purplebricks Home working and bans on pubs and holidays have allowed them to save Meanwhile, parents are keen to spend extra cash on a well-earned break Could this mark a shift where people in their twenties and thirties rely less on their parents to help them buy a home?

United kingdomCity ofSusan gregoryDavid bairdAlexandra leeGeorge filmworksHidden equityAventur financialHidden equity surveyDominic agaceCharlotte ransomCanary wharfMo neyஒன்றுபட்டது கிஂக்டம்நகரம் ஆஃப்சூசன் கிரெகொரி

Half of Lancaster homeowners undervalue their homes by £62,000 as Zoopla reveals the city s Hidden Equity

The survey found: Half of Lancaster homeowners undervalue their home by an average of £62,142 Almost three quarters of homeowners in the city have lost touch with the value of their home Half of Lancaster homeowners undervalue their home by an average of £62,142. A third of homeowners unlocked their ‘hidden equity’ to move to a nicer property In Morecambe, a quarter of homeowners undervalue their homes by £70,000 The Hidden Equity Survey of 2,000 homeowners who have had their home valued by an estate agent in the past three years establishes for the first time how accurate Lancaster homeowners’ estimations of the value of their homes really are.

Morecambe bayUnited kingdomKevin robinsonHead of research at zooplaHidden equityHidden equity surveyNorth westHouse price indexSales operations managerLancastrian estatesஒன்றுபட்டது கிஂக்டம்கெவின் ராபின்சன்வடக்கு மேற்குவீடு ப்ரைஸ் குறியீட்டுவிற்பனை செயல்பாடுகள் மேலாளர்

Home owners stunned by hidden property values in latest equity survey

Home owners stunned by hidden property values in latest equity survey Analysis by property portal Zoopla indicates that UK homeowners are sitting on the staggering £237 billion of hidden equity. The video will auto-play soon8Cancel Play now There are always big stories on WalesOnline - don t miss any with our daily emailInvalid EmailSomething went wrong, please try again later. Sign me up now When you subscribe we will use the information you provide to send you these newsletters. Your information will be used in accordance with ourPrivacy Notice. Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice Property owners are undervaluing their homes by a combined £236.8 billion, a study has suggested.

United kingdomHidden equityHidden equity surveyUk newsஒன்றுபட்டது கிஂக்டம்இங்கிலாந்து செய்தி

Home owners stunned by hidden property values in latest equity survey

Home owners stunned by hidden property values in latest equity survey
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A quarter of Southampton homeowners undervalue by almost £30,000 - Zoopla

Well apparently it s worth more than you imagine. New analysis by Zoopla has found that 40% of Southampton homeowners asked as part of its Hidden Equity Survey undervalued their homes by an average of £29,261. The survey of 2,000 UK homeowners - who sold or have had their home valued by an estate agent in the past three years, found that just 37% of homeowners in Southampton have an accurate idea of the value of their home. Around 30% of those in the city whose home was worth more than they realised said they simply couldn’t believe what their home was worth. In comparison, across the UK the average property was found to be worth £9,470 more than its owner realised.

United kingdomHidden equityHidden equity surveyஒன்றுபட்டது கிஂக்டம்