UK City house price inflation running at 3.9% according to Hometrack
September 27, 2018
Latest Hometrack UK Cities House Price Index report – August 2018 reveals that UK city house price inflation running at 3.9%, ranging from +7.5% in Liverpool to -3.9% in Aberdeen.
The report states: Rising house prices mean the income to buy has grown by 18% since 2015 despite lower mortgage rates. The near-term outlook for city house price growth is closely tied to changing affordability.
Hometrack analysis of income to buy indicates there is further scope for price growth in the most affordable cities, where prices are currently rising fastest.
Read the Hometrack UK Cities House Price Index report – August 2018 in full click here.
You May Also Enjoy
Identifying Common Structural Issues in Balconies
Living in a city like Sydney, where a breathtaking view of the cityscape and ocean can be the crowning jewel of your property, it’s no surprise that balconies are key features sought after by homeowners. However, over time, these aesthetically pleasing elements can become a structural nightmare due to a range of issues that compromise…
Read More 
Stay Safe With Aluminum Ladders: 5 Facts About Lightning Attraction
Whether redecorating, putting items away in storage, or cleaning windows, there are many reasons why you may need ladders. They’re likely an item you have tucked away in your garage or, if a contractor, a tool you carry to and from work. Although highly beneficial, it’s essential to use this device correctly. Why? Aluminum is…
Read More 
Some Instances Where Landlords Are Liable for Slip and Fall Accidents
In bustling urban environments, slip-and-fall accidents can disrupt lives, leading to injuries and legal complexities; landlords are responsible for maintaining safe premises. From icy sidewalks to poorly maintained staircases, instances where landlords may be held accountable for slip and fall accidents are diverse and nuanced. Understanding these scenarios is a matter of legal obligation and…
Read More 
Sales agreed up 12% on last year despite annual mortgage costs 61% higher than 2021
UK house prices broadly static but sales volumes are up 12% year on year UK house price inflation unchanged from last month at -0.2% Almost two thirds (64%) of all homes are in local markets with annual price falls, down from 82% last October with a clear north-south divide emerging. Higher mortgage rates continue to…
Read More 
Weekly News Roundup – 26/04/24
A roundup of the week’s top property and proptech news stories in partnership with Proptech-X Table of Contents Renters Reform Act – but what about Section 21? Agents urged to review AML policies following recent HMRC fines Smart Spaces & HID Signo reader tie up Renters Reform Act – but what about Section…
Read More 
Understanding House Value in the UK: A Simple Guide
Everyone talks approximately assets expenses, from the records headlines shouting about the contemporary marketplace traits for your friends debating whether or no longer now is the proper time to shop for or sell. It might possibly appear to be a jumble of numbers and possibilities, but at the heart of it, knowledge house cost isn’t…
Read More