Browsing: new homes

Prices usually drop in August, and this 1.3% is in line with the August drop over the past ten years

Summer holidays are taking priority and some new sellers are pricing more competitively to secure a buyer quickly. This is also to beat the lengthy average time to completion and move home before Christmas

Research by Warwick Estates reveals that the total value of new-build leasehold transactions is 50% higher than new-build freehold transactions, as flats and urban living dominate England’s market. 

In the first six months of 2021, there were 1,523 new-build transactions in England. Of these, 44.8% (683) were freehold homes while 55.2% (840) were leaseholds, demonstrating a fairly even split for England’s market.