Manchester named as most vibrant inner city
A new study into city vibrancy from Experian argues that inner city living is putting the heart back into some of England’s and Wales’ major urban centres. Based on 2001 and 2011 Census data, its ‘Inner City Vibrancy rankings’ show Manchester as the most vibrant inner city (up 20 places from 2001) with Canterbury, Leeds and Lancaster joining six London areas in the top ten. Dagenham ranks lowest overall for inner city vibrancy. Manchester’s rise has been driven by significant city centre residential development and low levels of social renting, while Kensington is in second place, partly because it has high levels of outright home ownership.
How much will Help-to-Buy (phase two) lower average age of first time buyers?
Research by conveyancing services provider myhomemove, the UK’s largest provider of mover suggest that the average age of a first-time buyer will fall by around six years as a result of the new Help-to-Buy scheme. Its own data puts the average age of a first-time buyer in the UK at 33, and the average purchase price for a first-time buyer property at £180,000.
“With the Government’s second phase of its Help-to-Buy scheme launching this week, we predict that the average age of a first-time buyer will drop by up to six years, to 27, as saving for a 5% deposit could take as little as two years,” explained Doug Crawford, CEO of myhomemove. “And who knows, the ‘Bank of Mum and Dad’ may be able to take a break, as the Government steps in to guarantee the mortgages.”
Call for average daylight factor increase
Perhaps not that surprisingly, VELUX is calling for the average daylight factor (DF) required in all new homes to be increased to improve the indoor environment of homes and help cut carbon emissions. Paul Hicks, Sustainability & Design Manager at VELUX, said: “The current average daylight factor of 1.5% in living spaces is not conducive to creating an attractive and healthy indoor environment and certainly does not help occupants to reduce their reliance on electrical lighting. Our own research has found that rooms achieving 3% DF, double that required in living spaces as part of the Code for Sustainable Homes, may still need artificial light during daylight hours. We would urge a change in regulation and industry best practice if we are to succeed in building new homes that will be more beneficial in which to live.” There’s an interesting VELUX scheme, The Daylight Project, for those interested in more information.
Pictured is a 3 bedroom semi detached house for sale in Sandy Lane, Droylsden, Manchester, for £195,000, on with Hunters.Tagged in: daylight factor, first-time buyers, help to buy
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