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Forget the North-South divide – it's all about East versus West now Rising evidence of an east-west divide is shaking up the property market. Could Norfolk be the new Cornwall? And Essex the new Oxfordshire? 26 June 2021 • 6:00am Countless Londoners are clamouring for houses in the east and west of the UK, and it’s easy to see why Credit: Olivia Whitworth It didn’t surprise me when Karl Manning, head of residential sales at Savills Chelmsford, told me that sales in Essex in the first quarter of this year were up 167 per cent compared with last year. Combine this with a lack of availab...

Estate agents say there is little sign of the pace slowing — even when the tax breaks reduce. Buyers appear to be attracted to the lifestyle the region has to offer, along with easy access to the countryside and coast and the relative value for money on the price of homes compared to elsewhere, they say. Transport links meant people could still commute easily into London making the region “highly desirable”, said Ms Howlett-Clarke.  “The most recent restrictions only appear to have reaffirmed people’s desire for more space and we’re not anticipating that to change any time soon. ...

First-time buyers can get more for their money in these commuter towns  Shut out of the lending market and desperate for more space, it is little surprise that the proportion of first-time buyers in London has fallen. But where should reluctant renters turn their attention to if they want a bargain in commuting distance of the capital? Only 17pc of purchases in the capital are new homeowners, down from a fifth in February 2020, according to Reallymoving, a quote service for home movers. Young buyers with small deposits have been effectively cut out of the market for most of the last year.

The Balfour Place development in Felixstowe - Credit: Blue Cube Studios Ltd A stunning collection of multi-million pound homes on the Suffolk coast have gone up for sale.  Balfour Place, in Felixstowe, is being built to overlook the Deben Estuary and is close to the Felixstowe Ferry Golf Club, which is selling the houses through agents Fenn Wright.  The development is made up of five unique, modern properties - all of which have sea views and of which cost over £1million each.   Cobbold Villa, a three-bedroom house on Balfour Place - Credit: Blue Cube Studios Ltd Each of the propertie...

A stunning collection of multi-million pound homes on the Suffolk coast have gone up for sale in Felixstowe.