Posts Tagged ‘London’
Average rents across UK rose by 2.4% in January 2018 compared to previous January 2017 according to Homelet
The latest Homelet Rental Index report – January 2018 data released today reveals that average rents across the UK rose by 2.4% in January 2018 when compared to the same month a year previously. According to Homelet report the average monthly rent for the UK for January 2018 is now £909, when London is excluded,…
Read MoreHighest number of homemovers in 10 years according to Lloyds Bank.
According to the latest Lloyds Bank Homemover Review, the number of people moving home is at its highest level since 2007 with over 370,300 homemovers. Greater London is the only region to see a fall in the number of homemovers in the past year. The review reveals that the average homemover house price in 2017…
Read MoreAverage UK house prices rise 0.1% since October 2017
Announcement from HM Land Registry published 16th January 2018 – UK House Price Index for November 2017 The UK House Price Index (UK HPI) shows house price changes for England, Scotland, Wales and Northern Ireland. The November data for UK shows: On average, house prices have risen by 0.1% since October 2017. An annual price rise…
Read MoreModest rise of 2.6% for house prices in 2017 according to Nationwide
Latest Nationwide House Price Index report – December 2017 headlines ‘House prices rise by a modest 2.6% in 2017.’ UK annual house price growth ended 2017 at 2.6%, compared with 4.5% in 2016 according to Nationwide. The Nationwide HPI report reveals that London is the weakest performing region for the first time since 2004, with…
Read MoreMost expensive streets in England and Wales revealed
Grosvenor Crescent, located in the heart of Belgravia, London, is the most expensive residential street in England and Wales, according to the latest research from Lloyds Bank. A typical property on Grosvenor Crescent will cost an average of £16,918,000. The second most expensive street is Ilchester Place in Holland Park, with an average house price…
Read MoreCountrywide reveals London still the accidental Landlord capital of the country
Latest Countrywide PLC Monthly Lettings Index report – Novemver 2017 headlines ‘Accidental landlords add 80,000 rented homes to the market’. In the report it states: The annual rate of rental growth picked up in November, with the cost of a new let across Great Britain rising 1.2% over the last 12 months or 1.6% outside…
Read MoreLondon sees the lowest annual price rise.
UK House Price Index for October 2017 from HM Land Registry published today. The UK House Price Index (UK HPI) shows house price changes for England, Scotland, Wales and Northern Ireland. October 2017 data reveals: An annual price rise of 4.5%, which takes the average property value in the UK to £223,807. House prices have…
Read MoreHouse price to salary ratio for London has hit a record high according to Hometrack
The latest Hometrack UK Cities House Price Index – October2017 reveals UK city house price inflation increases to 6.1% with robust growth in regional cities. The house price to salary ratio for London has hit a record high at 14.5x earnings, the average house price in London reached £496,000 in October, and average earnings were…
Read MoreBorrowing by home movers grows strongly in third quarter in London according to UK Finance
News report with data out today from UK Finance headlines ‘Lending in London grew strongly in third quarter’. Uk Finance report that in the third quarter of 2017 in London home buyers borrowed £6.74 billion for house purchase, up 10 per cent quarter-on-quarter and 13 per cent year-on-year. First-time buyers borrowed £3.31 billion, up seven…
Read MoreUK House prices have risen by 0.4% since August 2017 according to HM Land Registry
Announcement from HM Land Registry published yesterday 14th November 2017. UK House Price Index for September 2017. The UK House Price Index (UK HPI) shows house price changes for England, Scotland, Wales and Northern Ireland. The September data for UK shows: An annual price increase of 5.4% which takes the average property value in the UK…
Read MoreTelford Homes Plc expect more build to rent transactions as institutional demand continues to grow
Telford Homes Plc the London focused residential property developer, today provides a trading update ahead of its interim results for the six months ended 30 September 2017 which will be released on Wednesday, 29 November 2017. Leading the highlights section they state: The ongoing acute need for more homes to buy and rent in non-prime…
Read MoreSavills awarded Residential Adviser of the Year
This week at a gala ceremony held at the Grosvenor House Hotel in London’s West End, Savills the global real estate services provider was awarded Residential Adviser of the Year for a second consecutive year at the 2017 Estates Gazette Awards. Richard Rees, head of UK Development, was there to accept the award and commented;…
Read MoreA balanced market this year says Your Move
The latest Your Move House Price Index report August 2017 released today headlines ‘House price growth continues as regions redress the balance’. House price growth fell marginally in August (0.2%), which left the average England and Wales house price at £297,398. All regions in England & Wales continue to record annual growth, London has lowest…
Read MoreUK Property Market turns in favour of North and West according to Home.co.uk
Home.co.uk Asking Price Index – September 2016 released today headlines ‘London Falls Drag Down Price Growth to Near Zero.’ Greater London prices drop again, this month by 0.6%, taking prices back to little above their September 2016 levels. Across England and Wales average home prices dip again by 0.1% month-on-month but remain up 3.5% year-on-year.…
Read MoreThere remains a clear divide between the prospects for house price growth in regional cities says Hometrack
The latest Hometrack UK Cities House Price Index report July 2017 reveals that UK city house price inflation is at 5.3%, down from 7.4% in July 2016. The sharp slowdown in London house price growth over the last year has reversed with an increase in the annual rate over the last month rising from 2.3%…
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