Essentially Home Loans Weblog

One of the best ways to add equity to a property is through renovations.  Many UK properties have expanded as much as possible, so the homeowners are renovating the basement and extending the top of the house up, in an effort to find more space, and improve the value of their home.
When done right, this [...]

New figures released recently show that the divide in house prices between the north and south of England has increased again, with the average price of a house in London more than double that in the North of England. The average house in London now costs £313,000, a rise of 4.9% in just three months. [...]

With all of the figures being released recently, it has become clear that there is a certain degree of confusion as to what exactly is going on in the UK housing market. This confusion can cause a certain amount of uncertainty for British homeowners who are seeking to take on extra credit.
The confusion stems from [...]

According to new figures, the cost of buying your first home has risen 152 percent in five years, from £233 a month in 2002 to an average of £586 in June 2007.
These figures reveal that many Britons who are in their 20s are finding it harder to get a foothold on the property ladder as [...]

There were an average of eight buyers for every home for sale in March 2007, according to research by Hamptons International.  The report blueprints the imbalance in supply and demand and confirms that the market will “showing no sign of abating”.
Last year saw lotteries for homes in new developments.  There were several people bidding on [...]

Insurance Brokers from The British Insurance Brokers’ Association are advising homeowners to make sure that the improvements and renovations made to their homes are treated in the same way as other investments, and urging them to make sure that these improvements are covered by their insurance policies.  It is estimated that over the past six [...]

A government-backed housing body has warned that the next generation of homebuyers face average house prices that can be as much as ten times their salary. This warning comes as the number of homes being built decreases and the dream of becoming a homeowner becomes near to impossible for millions of young people.
The government-backed housing [...]

Whether you are moving abroad, or if you are simply moving to another part of the country, selling your home can be a stressful event especially if you are concerned about the profit you will make from the sale.
Many sellers are keen to do all that they can to increase the appeal of their property [...]

The many homeowners who have applied for planning permission for an extension for their home know that the process is not as straightforward as the television makeover shows depict.  However new rules that have been proposed by the government may change how complicated the current process for planning permission is.
The government aim to ease the [...]

New figures show that loft conversions add more value to homes than any other home improvement.  However, most homeowners do not realise the value in a loft conversion and are mistakenly improving their kitchens or bathrooms believing that it is the best way to make their home worth more money.  Homeowners who are planning improvements [...]