Whole idyllic village in South Devon put up for sale for £11.5m

After a year of speculation, the idyllic village of Bantham, South Devon has been put on the market for offers in excess of £11.5 million, causing many residents to fear for its future. With a price tag that high, it seems unlikely that too many British buyers will be interested…

Kingsbridge, Devon
Kingsbridge, Devon.

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In case you missed it…..

In case you missed it: Two Stars anger neighbours by carrying out works that are often regarded as needing no planning permission.

Yorkshire - Cottage

Planning permission is often misconstrued as only being associated with buildings and houses, but as an ex-Bond girl and current England footballer found out it can include the felling of trees and play areas for kids…
To read the whole article, click here.

Not the best news for property buyers..

Recent figures have shown that you will need a salary of nearly £40,000 to be able to afford a mortgage.

The average person takes out a mortgage loan of £119,000 and if you consider that the national average salary is only £26,000, repayments can cause financial difficulties.

This isn’t great news for first time buyers and people who want to get themselves onto the property ladder. Looking at how the economy is at the moment where you can’t even live on the national minimum wage, getting a mortgage is looking impossible.

However, there are certain schemes like the Help To Buy Scheme which has been highly credited recently as this is helping a lot of first time buyers step onto the property ladder. With a deposit of 5% this is perfect for everyone who is struggling to make that step.

‘The Government has created the Help to Buy scheme to help hard-working people like you take steps to buy your own home. Whether you want to get onto the housing ladder or move up it, Help to Buy makes it possible to buy a new-build or existing home priced up to £600,000 with as little as a 5% deposit’. – See more at: http://www.helptobuy.org.uk/#sthash.0QIuZcrG.dpuf/

If you are a first time buyer and are looking for a surveyor, please have a look at our website and find your local surveyor - www.propertysurveying.co.uk