Mortgage Rates - Equity Release - Remortgage Deals

Site Search:

Add to Favorites - Compare mortgage rates
0845 680 9036
mortgage quote, remortgage quote, equity release quote Search mortgages
Types of mortgage rates

Detached properties account for a fifth of all sales

Detached properties account for a fifth of all sales
Nationwide has revealed that 22 per cent of all UK house sales are detached properties.

The firm has published a report, showing that detached properties remain very popular in the country.

Most are out of the reach of people with first-time buyer mortgages however, with a typical price recorded as £246,516.

According to the research, a typical detached house has at least three bedrooms and has seen its price increase by 40.8 per cent over the last five years.

The majority of detached property sales are made in the East Midlands, while a typical owner has a salary above the UK average.

The price of an average detached house is 35 per cent higher than the national average, which may explain why few people with first-time buyer mortgages own them.

Nationwide also revealed that 69 per cent of detached properties were built after World War One, with 17 per cent built before and 14 per cent being listed as new builds.ADNFCR-1237-ID-18552556-ADNFCR


Follow the link for information on
the Best Mortgage Rates available
 

Related Articles

UK Financial Solutions New Mortgage Sourcing System Goes Live

UK financial Solutions has partnered with Evaluate Technologies to embed their online mortgage comp...
Published: 15-Sep-2009

BOE increases quantitative easing and holds the base rate

The Bank of England announced today that for the fifth consecutive month the base rate will be held ...
Published: 06-Aug-2009

Rise in Intermediary Mortgage Products Signals a Stabalising Market

Further news that the market may be stabilising has come from Mortgage Brain, one of the main sour...
Published: 06-Aug-2009

Housing Market Improves Slightly

The Royal Institute of Chartered Surveyors (RICS) has today released a report indicating that the ho...
Published: 12-May-2009

Nationwide launch new variable rate mortgage

In an announcement made earlier this morning, the Nationwide has announced the launch of a new varia...
Published: 27-Apr-2009

Stamp Duty Avoidance


Latest News:

Discount Life Insurance Quote System Launched
A new life insurance quote system available through the UK Financial Solutions Website went live today offering up to a 28% reduction on standard prem...
Published: 27-May-2010

UK financial Solutions Switches to British Insurance For Mortgage Protection
UK financial Solutions has partnered with British Insurance today to embed their online Mortgage Protection Insurance quotation and application syst...
Published: 17-May-2010

UK Financial Solutions New Mortgage Sourcing System Goes Live
UK financial Solutions has partnered with Evaluate Technologies to embed their online mortgage comparison service that ensures you get the best mort...
Published: 15-Sep-2009

Rss News Feeds

Mortgage News Feed

UK Financial Solutions does not provide any advice relating to Mortgages, Life Insurance, Loans, or Debt Advice. The information on this website should not be considered financial advice. UK Financial Solutions acts as an introducer to Leadbay Ltd which is authorised and regulated by the Financial Services Authority. The UK Financial Solutions website is free to use but we may receive commission from Leadbay Ltd for introduced business.
Mortgage Rates, Mortgage Quote, Equity Release Schemes, Remortgage Deals, First Time Buyer Mortgages, Buy to Let