London’s property hotspots for “second steppers”:from Palmers Green to Upminster, the capital’s top locations for first-time owners moving up the ladder

Nicknamed “Little Cyprus” thanks to its strong Greek Cypriot community, Palmers Green, a north London suburb on the wrong side of the North Circular road, has a place in pop history. It is where a very young David Bowie first entertained audiences, in mime. Only 20 minutes from Moorgate, today this district is the capital’s favourite location for “second steppers” — mostly couples and young families moving on from their first-time buyer flats to find more space and a garden. […]

Fundraising for Great Ormand Street Hospital

In June 2016 Tower Estates attended the Cypriot Wine & Buisness Expo held at Alexandra Palace, over the weekend we were rasing money for Great Ormand Street Hospital by taking donations, we raffeled 6 childrens bouncy castles, had a ‘lucky dip’ and were selling cupcakes donated to us from DC’s Cupcakes! Overall we rasied £1,000! We would like to thank everyone that supported us over a very successful weekend, we grately appreciate it!

The home buying process for first time buyers

How do you buy a property? If you’ve never done it before the process can be daunting. Buying a home means a lot of paperwork, procedures and different people getting involved. Understanding roughly who does what and when before you start can make it less stressful. These are the basic steps to becoming a home owner in England, Wales or Northern Ireland. Do your homework Buying a house is a massive investment and getting it just slightly wrong can be […]

Cash buyers and first time buyers dominating UK property sales market

Cash buyers and first time buyers in the UK are more active than any other buyer groups and are driving growth in both housing market transactions and prices, new research shows. The fact that number of cash buyers grew by 33% and the number of first time buyers with a mortgage grew by 23% means that fewer homes are coming onto the market, increasing supply demand anomalies, according to residential agents Hamptons International. It points out that in 2013 some […]

UK house sales set to keep on rising, banks say

The UK’s property market is likely to keep on growing strongly, mortgage lending figures suggest. The British Bankers’ Association (BBA) said total mortgage lending by its members was 38% higher in January than a year ago. The number of mortgages for home buyers which were approved, but not yet lent, was up 57% on a year earlier. The BBA said the revival in activity had been helped particularly by the government’s Help to Buy scheme. “Mortgage borrowing continues to rise […]

UK property sales continue to pick up, says HMRC

UK property sales were 19% higher in March than the same month a year ago as buyers continued to return to the market, figures show. There were 94,080 transactions in the UK, according to HM Revenue and Customs (HMRC), which also signalled a steady rise in sales during the year so far. Transactions increased in England, Scotland and Wales compared with February. The first months of the year are generally a slow period for sales. However, the seasonally-adjusted data published […]