Slowdown in house price growth

House price growth in Britain slowed in August, according to the mortgage lender Nationwide, this is confirmed in the results from their monthly survey released today. The price of a home increased at a 0.3% month-on-month pace in August, this was below what economists were expecting at a 0.4%. The year-on-year pace of inflation was…

Read More

Fewer first time buyers in the market

According to the National Association of Estate Agents (NAEA) the number of first time buyer sales in July fell from 29% of all sales made to just 23%, the release of these figures come at a time when housing supply figures show an increase in July and the number of house hunters reaching its highest…

Read More

Housing becomes a complex challenge

what is happening to house prices

The housing crisis in Britain is a massively complex challenge for the government who quite honestly appear to be finding it difficult to cope with, none of the proposals put forward so far offer any hope of improvement in the near future. Government plans to extend  the right-to-buy to housing association tenants is hitting an…

Read More

Not easy for FTB’s still

new build home fronts

Recent research carried out by Aviva showed that the average first time buyer takes about  four years of saving to be able to buy their own home, it is not only  the deposit that has to be found  but also all the added expenses that go with purchasing a property. Most first-time buyers are £6,481 under…

Read More

Private rent rises cause concern

Official figures show that private rents have risen across England by an average of 2.5% in the last year, this has caused a reaction by Housing campaigners to push the government to act to stem such rises. The Office for National Statistics index of private housing rental prices show the biggest rise was in London…

Read More

New property hot spots around London

House price affordability in London is putting pressure on buyers to look to the commuter belt to find a home within their price range, latest data from the Land Regsitry shows annual growth of just more than 9%, making the average London house worth £475,961, in the South-East, annual price rises are also just over…

Read More

New Estate Agent ranking website

Following closely on the heels of rateragent.co.uk comes the latest Estate Agent ranking website www.Estateagent4me.co.uk  launched by USL Technology. Established in 2003, ULS develops and operates web based comparison platforms for mortgage brokers, solicitors, estate agents, lenders, network associations and customers. These solutions can help consumers source legal, financial and property services whilst assisting intermediaries…

Read More