Posts Tagged ‘London’
Telford Homes continue to acheive sales at a consistent rate in last few months
Telford Homes Plc; the London focused residential property developer, today provides an update on trading ahead of its interim results for the six months ended 30 September 2018 (‘H1 2019’), which will be released on Wednesday, 28 November 2018. The update mentions that despite a more uncertain backdrop Telford have continued to achieve sales at a…
Read MoreMore Londoners moving out of capital to search for new home according to Hamptons International
New figures recently published by Hamptons International show that there were 61% more Londoners leaving the capital and buying homes elsewhere in the first half of this year than at the same period 10 years ago. The number of Londoners who bought homes outside the capital rose to 30,280 in H1 2018, a 16% rise…
Read MoreModest house price growth in London for first time since January according to LSL.
Latest LSL Property Services/Acadata England & Wales House Price Index – June 2018 released July 2018 headlines ‘Average house price in England & Wales in June stood at £303,960’. The report reveals that average prices in England and Wales were slightly down in June, falling by 0.2% from May, although this is a smaller decline…
Read MoreUK house price growth to remain moderate according to PWC
House price growth to remain moderate across UK according to recent press release from PWC, however house prices in London are projected to fall in the short-term, down by 2% in 2018 from 2017. In their report the PwC state that average UK house price estimated to rise from £221,000 in 2017 to around £285,000…
Read MoreAverage UK rents rose by 1.8% compared to same month a year previous according to Homelet
The latest Homelet Rental Index Report – June 2018 reveals that average rents across the UK rose by 1.8% in June 2018 when compared to the same month a year previously. The average UK monthly rent now stands at £924 for June 2018, when London is excluded, the average UK rental value was £767 in…
Read MorePrices falling across 20 local authorities in London according to Hometrack
Latest Hometrack UK Cities House Price Index report – May 2018 reveals that house price inflation is at 4.6% year on year, with prices falling across 20 local authorities in London. House price growth across the London City index is now 0.4% over the last 12 months. Prices are falling in nominal terms by up…
Read MoreAverage monthly rent across UK for May 2018 now stands at £919 according to Homelet
Latest Homelet Rental Index – May 2018 report reveals that average rents across the UK rose by 2.0% in May 2018 when compared to the same month a year previously. The average monthly rent now stands at £919. When London is excluded, the average UK rental value was £763 in May 2018, this is up…
Read MoreFirst-time buyers will pay twice as much to buy a home in London compared to elsewhere in UK
New research from Lloyds Bank reveals it now costs twice as much for first-time buyers to buy a home in London compared to anywhere else in the UK (£420,132 vs £210,515). During the past five years, the average price of a property bought by a first-time buyer in London has risen by 64%, from £255,794…
Read MoreAverage London renters need to find over £3000 as tenancy deposit according to Dlighted
Recent research from deposit-free renting firm Dlighted has revealed that the average London tenancy deposit could now stand at £3014 – even when capped at the equivalent of 6-weeks rent by the government’s draft Tenant’s Fees Bill. Dlighted states: The recently published English Housing Survey revealed that 30% of homes in the capital are now…
Read MoreThe greatest downward pressure on prices is being registered in inner London areas according to Hometrack
The latest Hometrack UK Cities House Price Index report – February 2018 reveals: The divergence in house price growth between southern England and regional cities continues with overall HPI at 5.2%. Regional cities continue to register above average growth with five cities registering price inflation over 7% according to Hometrack. The headline rate of growth across…
Read MoreBubbly London prices slowly deflating according to Home.co.uk
The latest Home.co.uk Asking Price Index report – March 2018 released today headlines ‘North West Prices March On Up’ The report reveals: Strong price growth in the North West, East Midlands, East and Yorkshire., however London prices slide yet again and South East prices stall. Doug Shepherd, Dircetor at Home.co.uk said: “Ultra-low interest rates have…
Read MoreRental growth slowed in February compared to the previous month according to Countrywide
The latest Countrywide plc Monthly Lettings Index report – February 2018 published 12th March 2018 headlined “Average landlord who sold in 2017 gained £86,651” The report reveals: The average landlord who sold their rental property in 2017 did so for £86,651 more than they paid for it, having owned the home for an average of…
Read MoreSupply of London rental properties at a critical point according to ARLA Propertymark
Recent press release from ARLA Propertymark reveals: ‘Supply of London rental properties at a critical point’ The press release states: The number of properties available to rent in London stood at 46 per cent below the national average in January, ARLA Propertymark reveals. more….. David Cox, Chief Executive, ARLA Propertymark comments: “The rental market in…
Read MoreSpeech from The Hon Liam Fox MP ‘Britains Trading Future’
Speech delivered by Dr Liam Fox at Bloomberg 27th February 2018 in London outlining the government’s vision for the UK’s commercial future, and our leadership role in the global economy. Please see Transcript of the speech, exactly as it was delivered on 27th February 2018 click here.
Read MoreNo signs of recovery in London as downward slide continues according to Home.co.uk
The latest Home.co.uk Asking Price Index report – February 2018 released today headlines ‘Midlands Forges Ahead while London Prices Slide.’ The report shows strong price growth in the Midlands and Yorkshire keeps national average positive despite London falls, there are no signs of a recovery for London as the downward 21 month slide continues. The…
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