In a survey carried out by Aldermore, 57% of respondents spent more money than intended, 23% lived in an empty house for months after moving in and 13% said it took years to afford to furnish and decorate it the way they wanted. https://www.propertyreporter.co.uk/finance/new-survey-reveals-majority-of-ftbs-underestimate-the-cost-of-homeownership.html
This is the sixth consecutive annual increase in the total housing supply with Housing Minister Kevin Stewart adding: “We want to ensure everyone has a warm affordable home and these figures show we are on target to reach delivering 50,000 affordable homes by 2021.” However, Kevin Stewart fears that Brexit could impact future growth. See below. https://www.scottishhousingnews.com/article/scottish-government-welcomes-15-increase-of-new-housing-supply
The Scottish Low Carbon Heat Funding Invitation has made £30 million available to businesses and organisations for innovative solutions to heat buildings as part of a wider Low Carbon Infrastructure Transition Programme (LCITP). https://www.scottishhousingnews.com/article/30m-low-carbon-funding-to-encourage-renewable-heating
Bank of England figures show mortgage deals are at a two year high, with approvals increasing from 65,506 to 67,306, the highest level since July 2017. https://www.scottishhousingnews.com/article/mortgage-deals-at-two-year-high
Question to the public. Is adding more house to the market a good thing??? https://www.mortgagestrategy.co.uk/housing-supply-up-2-says-government/
I have never been a fan of Help to Buy but the article below explain, eloquently, more reasons why it is not a good idea. https://www.mortgagesolutions.co.uk/news/2018/09/18/help-buy-skewed-housing-market-needs-targeted-cochrane/?utm_source=customsell&utm_medium=email&utm_campaign=ms-house-advert-1809-1537265992
This is a good article that also talks about the mortgage stress test and how to avoid it. https://www.telegraph.co.uk/personal-banking/mortgages/borrowers-feel-pain-rate-rise-hits-home-avoid-stress-test/
This is a good article. http://www.financialreporter.co.uk/finance-news/first-time-buyers-outstrip-homemovers-for-first-time-since-1995.html I have noticed that home movers are reluctant to move until they have found the perfect home. In the past they would list there property and then go find a new house. Not anymore. This makes for a shortage in the house market. Perhaps people are choosing to stay put.