We are delighted to announce the launch of St Anthonys Court, Acomb, York with plots available from: £158,500
St Anthonys Court is an exclusive mews development in the heart of Acomb providing a mixture of 1 & 2 bedroom apartments and 2 bedroom bungalows conveniently located to benefit from the amenities provided by Acomb and York.
Each new home includes a parking space and the ground floor apartments and bungalows enjoy patios and private garden spaces. The interiors have been designed by Elisa Interiors with modern kitchens, light colours, stylish tiled bathrooms, providing light and airy spaces.
These new homes are perfect for first time buyers and savvy BTL investors. As a first time buyer, and with the support of Help to Buy, you can move into your new home with just 5% deposit.
Each property includes a 10-year structural warranty from ICW, a leading UK provider of warranties for new homes. This ensures that your home has been built to the highest standards of construction.
The developers Inglehurst Property Ltd were Established in 2015, and are a local developer that takes pride in delivering quality homes for the area. Their architects Vincent & Brown are a long-established architectural practice based in York, having designed a number of high profile schemes throughout the UK, in particular within Yorkshire and London. The studio pride themselves on creating innovative and thoughtful design responses tailored to each project.
House prices rose by 7.5% year-on-year in October due to strong demand for higher value homes, Halifax’s House Price Index has found.Quarterly prices increased by a substantial 4.0%, bringing the average price to £250,457 across the UK. Month-on-month price growth slowed considerably, down to 0.3% compared to 1.5% in September.
Overall we saw a broad continuation of recent trends with the market still predominantly being driven by home-mover demand for larger houses. Since March flat prices are up by 2.0% compared to a 6.0% increase for a typical detached property. In cash terms that equates to a £2,883 increase for flats compared to a £27,371 rise for detached houses.
This level of price inflation is underpinned by unusually high levels of demand, with latest industry figures showing home-buyer mortgage approvals at their highest level since 2007, as transaction levels continue to be supercharged by pent-up demand as a result of the spring/summer lockdown, as well as the Chancellor’s waiver on stamp duty for properties up to £500,000.
While government support measures have undoubtedly helped to delay the expected downturn in the housing market, they will not continue indefinitely and, as we move through autumn and into winter, the macroeconomic landscape in the UK remains highly uncertain.
The property market is moving from strength to strength. Amidst the uncertainty, buyer demand for bricks and mortar is pushing prices to record highs.
England will return to a tiered system for regional coronavirus restrictions next week when lockdown ends, but the so-called ‘Covid19 Winter Plan’ does not appear to directly impact the property sector, despite the stricter rules.
The prime minister has set out a three-tier system of Covid 19 restrictions to remain in place until the spring, warning rules in many areas will be tougher than before the lockdown, but the housing market looks set remain open for business.
Boris Johnson told MPs this week that there will be an easing in some areas, such as reopening shops and gyms and letting crowds return to sporting events, while there will be tougher rules on pubs and restaurants, but thankfully more stringent restrictions do not appear to directly impact the estate agency sector and wider housing market in England.
Back in March, the housing market was largely closed for almost two months, leading to significant delays and in some cases, transactions falling through entirely, but thankfully it looks like, as widely anticipated, the housing market will remain open for business across England under the new tougher three-tiered system.
Consequently, homeowners and renters across England will be able to move and removal firms, tradespeople, and estate agents can still operate by going inside homes when the four-week national lockdown across England ends on 2 December, even in areas under tier 3 lockdown restrictions.
Naturally, everybody must continue to follow the Covid safety guidance, which includes following social distancing rules, wearing PPE including masks
Stamp duty receipts collected by the Treasury from housing transactions increased by 27% between July and September, when compared with the previous three-month period as lockdown restrictions eased, the latest figures show.
Some £1.9bn was raised from stamp duty in the third quarter of the year, but this total was down by 40% compared with the third quarter of 2019, when stamp duty receipts totalled £3.1bn, according to figures released by HM Revenue and Customs.
HMRC said residential property transactions in the third quarter of 2020 were 72% higher than in the previous three months and 18% lower than in the third quarter of 2019.
Housing market activity and property prices have increased thanks to higher demand, which has been fuelled in part by the stamp duty holiday.
Office for National Statistics data showed recently that the average UK house price reached a record high of £245,000 in September, after jumping by 4.7% over the year.
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