Posts Tagged ‘house prices’
Decrease in house prices will be welcomed by first-time buyers says E.Surv
Figures released yesterday from the Nationwide showed a third consecutive monthly fall in house prices, the longest sustained drop since 2009, the drop has brought down the annual growth in prices to 2.1%, its lowest level in nearly four years. Comments from Richard Sexton, director at e.surv in reponse to the latest Nationwide HPI report:…
Read MoreUK house price grew by 4.1% in year to March 2017
UK House Price Index summary; March 2017 from HM Land Registry published yesterday 16th May 2017. This is a monthly report that shows changes in average house prices for England,Scotland,Wales and Northern Ireland. UK House prices grew by 4.1% in the year to March 2017, 1.5 percentage points lower than in the year to February 2017.…
Read Moreshortage of supply in both the lettings and sales segments says RICS
The Royal Institution of Chartered Surveyors (RICS) today released their UK Residential Market Survey for January 2017 headlined ‘Market needs “turbo boost” as supply shortage continues’. The RICS revealed that demand for rental properties continued to increase at the national level in the three months to January and projected rents would witness a cumulative increase…
Read MoreAnnual House price growth eases
The Halifax House Price Index (HPI) January 2017 report released today headlined ‘Annual house price growth eases to 5.7%’ They state: House prices in the last three months (November 2016-January 2017) were 2.4% higher than in the previous three months (August-October 2016) .Prices in the three months to January were 5.7% higher than in the…
Read MoreStrong finish to an uncertain year for house prices
LSL Property Services/Acadata released their House Price Index (HPI) DECEMBER 2016 for England and Wales yesterday 16th January headlined ‘England and Wales house prices finish on a high’ Growth of 0.4% pushed the average price of a house in England and Wales up £1,139 to finish the year at £297,678. Oliver Blake, Managing Director of…
Read MoreMortgage Advice Bureau profits up.
Mortgage Advice Bureau (Holdings) PLC today announced its interim results for the six months ended 30 June 2016. Peter Brodnicki, Chief Executive commented: “I am pleased to report another strong set of results, with profit before tax up 34% and MAB’s market share increasing by 20% compared to the same period last year. After a…
Read MoreHalifax (HPI) July
Halifax releases today its House Price Index (HPI) for July headlined ‘Annual house price growth unchanged at 8.4%’ House prices in the three months to July were 8.4% higher than in the same three months of 2015. House prices in the last three months (May-July) were 1.6% higher than in the preceding three months. Martin…
Read MoreOne of the first indicators on house prices after ‘Brexit”
All eyes this week will be on the figures out from The Royal Institution of Chartered Surveyors (RICS), they will be one of the first indicators as to the direction of house prices following Britain’s decision to leave the EU. The Royal Institution of Chartered Surveyors will release details this Thursday as to whether its…
Read MoreGovernment vs Property – does Nanny know best?
Whether it’s to do with our sugar intake, types of cars we drive or consumption of fruit each day, it seems the Government have our best interests at heart. So one would assume that when the powers that be, “fine-tune” the property market, that they are looking to help us all. Their thinking is that by aiming to…
Read MoreFall in house prices predicted.
Members of The Royal Institution of Chartered Surveyors (RICS) are predicting a drop in UK house prices that is expected to be short lived, it citied the EU referendum and the cooling of the market following changes to stamp duty charges in April for this. Beyond that they expect houseprices to rise by slightly more…
Read MoreHouse prices may have reached their peak
Property prices in the UK may have peaked is the stark warning in a report out this week. Paul Smith chief executive of Haart, reportedly gave out the warning this week of a big slump in demand from buyers and that the prices of houses have now peaked, reportedly saying “We are starting to see…
Read More18% drop in house prices on “Brexit” says George Osborne
The latest prediction by George Osborne that house prices will drop by 18% over 2 years if the UK votes to leave the EU is another attempt to dissuade the “Brexit” supporters, it may have had some credibility if he had not been so precise with the figure, why not 10% or 25%, how does…
Read MoreHunting for a home? The first time buyers guide
As we all know climbing onto the property ladder can be a difficult task. It can be a very overwhelming experience because you can get lost in mountains of paperwork and sometimes you are unsure of what you are even doing. Using a guide to determine the process can really help you work out the…
Read MoreSouth East expected to outperfom London
House prices in the UK are expected to grow more slowly in the second-half of 2016 according to predictions by the Centre for Economics and Business Research (CEBR), however house prices in the South East are expected grow faster than London as more homebuyers are driven out of the city by an increasingly expensive housing…
Read MoreCrossrail adds value to properties.
Properties within easy reach of the capital have seen values soar in the past year. Crossrail is still a year away from opening but is still having an upward effect on prices of properties within easy reach of the stations that will serve London commuters. The Land Registry said in its report yesterday that Slough…
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