Business Archives - Nova Prime Developments
Nova Prime Developments focuses on investment opportunities in property where true value can be added through innovative design or more traditional approaches of adding square footage, Whilst we focus our efforts on the south east, we look for opportunities in other strategic locations all across the U.K
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The housing market over next 5 years
House prices in the North of England are expected to outperform London and the South East over the next five years, according to the most recent price forecast from leading property experts.
Further interest rate rises, following this month’s 0.25...
The Budget
Stamp duty and housing
Stamp duty to be abolished immediately for first-time buyers purchasing properties worth up to £300,000.
To help those in London and other expensive areas, the first £300,000 of the cost of a £500,000 purchase by all first-time buyers will be exempt from...
UK house prices rising amid shortage of properties, says Halifax.
Mortgage lender says employment growth may also have boosted prices, although consumers are facing squeeze as UK house prices rise.
Enquire about our fixed rate bonds, investment bond and property bonds.
According to Britain’s largest mortgage lender, the...
Posted at 15:38h in
Business,
Nova Bond Recent buy to let lending figures from the Council of Mortgage lenders have shown a 50% slump since George Osborne’s controversial introduction of an additional 3% stamp duty surcharge. The net effect on an average UK property purchase means that for a property with a...
Posted at 14:07h in
Business Nationwide figures in March saw UK house prices fall for the first time in 2 years. The average house fell 0.3% in March after a 0.6% rise in February. The Bank of England also reported that mortgage approvals had dropped for the first time for...
Nova Developments property update for refurbishment of properties in Leicester and Alfreton currently running ahead of schedule and auctioning in April 2017.
Nova Prime Developments presents an asset backed property bond, find out more about our Nova secured property bond...
Posted at 10:59h in
Business,
Nova Bond Invest in a London property bond, better than savings as Inflation hit 2.3pc in February, above the Bank of England's 2pc target, for the month. This is an increase on the 1.8% recorded in January, and comes after the Office for Budget Responsibility raised its forecast...
Posted at 11:00h in
Business,
Sport Nova Property Updates are pleased to announce an that they have now completed the purchase of two properties in Leicester and Alfreton for development and onward sale. Leicester is considered a good investment potential with a local population of 330,000 and a strong local economy,...
Posted at 11:23h in
Business According to data released by the Halifax, December saw a rise of 1.7% in UK house prices up from 0.6% in November. Prices have jumped to the highest level since March, according to data from the Halifax, as a lack of supply propped up the housing...
Posted at 11:29h in
Business Luton property growth in 2016 average house prices surged by 19.4%, the highest growth figure in the UK. This is more than two times the UK average of 7.5% for 2016. Luton combines current affordability with thriving economic and job prospects, as the recipient of...