41 housebuilders receive five stars for customer satisfaction

The Home Builders Federation has released this year’s results from the National New Homes Customer Satisfaction Survey (CSS), with 41 housebuilders receiving a five-star rating. The CSS is a self-completion census filled out by new build home buyers, with results published annually every March. This year, just over 60,000 forms were completed, which means that…

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Mortgage approvals drop by a fifth in 2022

New market analysis by property lending specialists, Octane Capital, reveals that recent uncertainty in the property market during the closing stages of 2022 has led to mortgage approvals declining by 20% in the past year. Conversely, remortgaging approvals have soared as existing homeowners stay put and look to stabilise their financial foundations by borrowing more. The…

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Government extends build deadline for Help to Buy

The Help to Buy practical completion deadline has been extended until March 17, giving housebuilders an additional six weeks to complete houses bought under the scheme. This follows a previous extension announced in December by housing minister, Lucy Frazer, pushing the deadline from 31 December 2022 to 31 January 2023. But with the deadline looming…

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