Posts Tagged ‘house’
Heavy fines for landlords of HMO
A recent article in the Leamington Post highlights the fines that Landlords were handed out for not correctly managing their properties, the property in question was let as a house of multiple occupancy (HMO). Councils are cracking down hard on Landlords who let out HMO’s and do not conform to regulations or let the property…
Read MoreMarket trend data for August
Land Registry’s monthly Market Trend Data for residential property prices in England and Wales released today. The August data shows an annual price increase of 4.2 per cent which takes the average property value in England and Wales to £184,682. Monthly house prices up 0.5 per cent since July 2015. The regional data indicates that:…
Read MoreRightmove HPI September
Asking prices for houses in England and Wales saw their biggest rise in the month to mid-September for 13 years as cheap borrowing and a lack of properties on the market led to market “extremes”. According to the Rightmove HPI overview, the price of property coming to market continues to rise at a time of…
Read More£20bn mortgage lending in August
According to the Council of Mortgage Lenders (CML) they reported £20bn of mortgage deals went through in August, this was slightly down on July’s lending total of £21.7 billion, but 12 per cent higher than August last year, when loans totalling £17.8 billion went through. A mortgage price war between lenders, with many slashing the…
Read MoreONS house price index July
The Office for National Statistics today releases it’s statistical bulletin: House Price index for July 2015. UK house prices increased by 5.2% in the year to July 2015, down from 5.7% in the year to June 2015. House price annual inflation was 5.6% in England, 0.3% in Wales, 7.4% in Northern Ireland and -1.3% in…
Read MoreLondon house price rises continue say RICS
House prices are still rising in London caused by fewer instructions to sell and rising buyer demand, the number of homes coming on to the market remains at its lowest level in at least three decades, according to the latest RICS UK Residential Market Survey, In London 34% more respondents saw prices rise over the…
Read MoreLandlords need to take notice.
In an effort to emphasise the importance of Landlords providing safe and comfortable accomodation for their tenants we are highlighting what can be the end result for a Landlord who does not conform. An article in the Newham Recorder explains how council officers visited a 3 bedroomed maisonette in Forest Gate in July2012 after receiving…
Read MoreRecord house sales for Bovis
Bovis homes the Kent based house builder reported that it had completed 1,525 homes in the six months to the end of June, a 3% rise on a year ago, which saw pre-tax profits lift 9% to £53.8 million, selling prices jumped 10% in the same period to £264,200. Bovis stated that the market experienced…
Read MoreHow To Recognize A Good Deal When Buying A House.
For most of us, buying a house is the most daring financial enterprise in a lifetime. When you save enough money or find an appropriate loan deal, you can start looking for an ideal home. But be careful, because there are many obstacles on that road, like frauds and dishonesty about the property. Here are…
Read MoreHalifax reports house price drop in July.
According to the latest survey by the Halifax, UK house prices fell 0.6% between June and July, with annual house price growth down to its lowest since December 2014, this was despite the stock of homes available for sale falling to new record lows. Growth in UK house prices dipped to 7.9% for the three…
Read MorePriced out of market
According to a report by the Halifax, high house prices and low incomes are seen as strong barriers to getting on the property ladder, this is supported by a recent report in a Shropshire local paper spotlighting a young couple who are typical among hundreds of thousands of young people who are giving up the…
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