Posts Tagged ‘housing market’
Mortgage lending in september down on previous month
The Council of Mortgage Lenders (CML) yesterday published their market commentary which headlined ‘Gross mortgage lending £20.5 billion in September’. In the news release the CML estimates that gross mortgage lending reached £20.5 billion in September. This is 7% lower than August’s lending total of £22.1 billion, and 2% higher than the £20.1 billion lent…
Read MoreTrading update from Telford Homes Plc
Telford Homes Plc released yesterday their trading update ahead of the interim results for the six months ended 30 September 2016, which will be released on Wednesday, 30 November 2016. Highlights lead with: Long term imbalance between the supply of homes and the demand for somewhere to live in non-prime areas of London underpins future prospects for Telford…
Read MoreStatistics point to a softer housing market says BBA
Report out today from the BBA headlines ‘August 2016 figures for the high street banks’ House purchase approval numbers are 21% lower than in August 2015 but in the first eight months of 2016 they are 2% lower than in the same period of 2015. Remortgaging approvals were 6% lower than in August 2015 but…
Read MoreNationwide HPI August
The Nationwide House Price Index (HPI) released today headlines ‘Slight pickup in house price growth in August’ House prices increased by 0.6% in August up from 0.5% in July. Annual house price growth increased to 5.6%, from 5.2% in July. Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist, said: “UK house prices increased…
Read MoreMany homeowners think that house prices are falling.
Many expected the bank base rate to be cut earlier this month due to apprehension over the Brexit decision, this did not happen to the surprise of most. The MPC in their July meeting suggested that the committee is considering a broader package of measures, this has given rise to the expectation by financial markets…
Read MoreConnells Survey & Valuation Update June
Connells Survey & Valuation Update released yesterday headlines June housing market growth sets foundations for post-Brexit property market. It states: The pace of property valuations conducted in June 2016 has grown on both an annual basis and since May, according to the latest research from Connells Survey and Valuation. Covering the month of the EU…
Read MoreRightmove (HPI) report June 2016
Rightmove released their House Price Index (HPI) report earlier today with the headlines “Asking prices hit record high despite looming EU vote” In the report they highlight: Housing market momentum pushes price of property coming to market up by 0.8% (+£2,320) to new high of £310,471 Desire to buy and lack of supply lead to…
Read MoreThings to ask your seller before you move
We all know that moving house can be a stressful experience and there are many things which can make the process a little easier. The following little things can really help you with your move to your new home. Forwarding address Changing to a new address can take time and I wouldn’t be surprised if…
Read MoreHousing conditions remain positive for Bovis Homes
Bovis Homes Group PLC held it’s Annual General Meeting yesterday in Tunbridge Wells where the following update was given regarding current trading and the outlook for the financial year. ( Update in full visit Bovis Homes Group PLC website) Current trading: Housing market conditions remain positive with strong demand from home buyers who are benefitting…
Read MoreHow safe is your home?
Keeping your home and family safe is one of the things which you strive for in life. But sometimes when you move to a new area, it can be a bit daunting knowing how to keep your home safe. There is always talk around your local neighbourhood or street about crime and that can make…
Read MoreBuying a property through auction
Auctions can be a great way to snap up a bargain. It is a quick and cost effective method when buying a property. However, it is important that you understand the process and are prepared for the issues that may lie ahead. Before the auction The first step to take is to look on the…
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 MoreHousing Market Bulletin March 2016
The Housing Market Bulletin March 2016 published yesterday by the Homes and Communities Agency. House prices: The trend for average house price change continues to be steady growth. All English regions are now seeing growth, albeit relatively slowly in the North and strongly in the South East, the East and in London. Housing market:…
Read MoreA generation unable to afford a home of their own.
Large majority of people fear buying a home of one’s own is looking less and less likely for future generations, according to recently published research for the housing charity Shelter. This news comes just as the average house price in England went above the £300,000 mark for the first time, according to the property website…
Read MoreIs your house struggling to sell because of all the new build properties?
Are you trying to sell your modern home only to be told by your estate agent that the new build properties which have popped up across Lancaster and Morecambe are why it is struggling to sell? Are they telling you that buyers prefer brand new homes citing they are a blank canvass and everything is…
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