(ONS) House Price Index: April 2016

House Price Index: April 2016 released yesterday June 14th by the Office for National Statistics: UK average house prices have increased by 8.2% in the year to April 2016 (down from 8.5% in the year to March 2016), continuing the strong growth seen since the end of 2013. The average UK house price was £209,000…

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New High for Tenant Evictions

According to a most recent blog from Central Housing Group “tenant evictions reach highest level on record” The number of tenants evicted from their homes by bailiffs reached a record high in 2015, according to official figures for England and Wales showing that 42,728 households in rented accommodation were forcibly removed. Housing campaigners blamed welfare…

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House Price Index March – Land Registry

Latest monthly House Price Index March for England and Wales released today by the Land Registry.   The March data shows a monthly price decrease of 0.5 per cent. The annual price change now stands at 6.7 per cent, bringing the average house price in England and Wales to £189,901. The number of property transactions…

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Stamp duty changes apply from today

The new rate of stamp duty on buy-to-let property and second homes comes into force today 1st April. There are exemptions however to this change in property tax, buying a property for less than £40,000, caravan or houseboat will not be included. Home movers who buy their next property before selling the one they are…

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Rents hit record High

Rents increased by 4.6% in April compared with the previous year, marking the fastest annual increase recorded since November 2010, according to estate agents Your Move and Reeds Rains. On a monthly basis, rents grew by 0.8% between March and April according to the study, which started in January 2008 and is based on rents…

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