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Pandemic increases costs between buying and renting to £800: Halifax


Pandemic increases costs between buying and renting to £800: Halifax
By
Roger Baird
6
th April 2021
11:51 am
First-time buyers are saving more than  £800 a year as the gap between buying and renting has stretched by 8 per cent during the pandemic, according to data from Halifax.
Monthly rental costs have risen by 10 per cent to £821  in the past year, while monthly buying costs have only increased by 1 per cent to £753  during the same period, according to the Halifax Buying vs Renting Review.
This difference was only 1 per cent in 2019, which dropped sharply from the previous year, when the monthly difference between buying versus renting was 10 per cent. ....

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Pent-up lockdown demand and impact of working from home feed in to Savills' upgraded house price forecasts


  Article
Pent-up lockdown demand and impact of working from home feed in to Savills upgraded house price forecasts
By Hector MacKenzie
Published: 11:00, 09 March 2021
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Faisal Choudhry: “2021 is going to be a complex and uneven year, with competing forces impacting the housing market at different points.
A PROPERTY group has upgraded its house price forecasts and shared some home truths about the Scottish market.
Savills has changed its 2021 UK house price forecasts from zero to four per cent growth.
And the firm has speculated that the experience of working from home for many during the Covid-19 pandemic may feed in to future property demand with a premium on more space and surrounding green areas. ....

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