Demand for new homes remains strong says NHBC

NHBC’s latest new home registration statistics reveals that more than 13,500 new homes were registered to be built in August, an increase of 9% compared to a year ago. During June – August 2017, the number of NHBC new home registrations was 38,360 compared to 37,145 in the same period last year. Of these: 28,866 were…

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First Time Buyers will need to save an extra 4.22% of their wages

According to Nationwide’s latest House Price Index, the UK average house price is now £200,251. Average annual salary in the UK is £26,500 which equates to a First Time Buyer needing to save up 76% of their annual salary just to cover the 10% deposit. The Hays Group reports that wages will rise 2.5% this…

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The World of Averages

Let’s talk about averages.  Average asking price, average days to sell, average commission, average properties per agent…..these are all things we have been looking at when compiling some data recently. It’s a world of averages out there! Using the Rightmove House Price Index published last week (and some industry websites) we’ve compiled the following: Average…

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February House Price Index Round Up.

We’ve pulled together a round up of some key points in the February 2016 House Price Index figures released by Land Registry – here they are: Savvy Sales Progressors provides outsourced sales progression services for estate agents. Take a look at our unique online calculator to see whether you can reduce your costs by outsourcing.…

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Hot off the press infographic!

The ONS has published a paper today looking at housing statistics in towns and cities across England and Wales. Take a look at our info-graphic for some of the key points of interest. Savvy Sales Progressors offers outsourced sales progression services to estate agents. More information can be found on our website:www.savvysalesprogressors.co.uk

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(ONS) House Price Index December 2015

The Office for National Statistics (ONS) – House Price Index (HPI) released February 2016.   Main findings- UK house prices increased by 6.7% in the year to December 2015, down from 7.7% in the year to November 2015. House price annual inflation was 7.3% in England, 1.0% in Wales, -0.2% in Scotland and 1.5% in…

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Pressure on House prices and Rents continues.

According to a report by Your Move and Reeds Rains tenants faced the fastest rise in monthly rent bills since 2011 last year, in their monthly index it showed that rents grew by 3.4% during the year, rising £27 on December 2014 to an average £794 per month, also the percentage of all unpaid rent had…

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New homes market bouyant reports NHBC

New home registration statistics for the UK fell marginally by 2% during Q3 when compared to the same period last year, according to new figures released yesterday by NHBC. Housing Industry experts attribute the drop in  public sector registrations to the fact that many housing associations are holding back on developments in light of welfare…

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(ONS) House Price Index for August 2015

Office for National Statistics (ONS) House Price Index  August 2015, released 13th October 2015. UK house prices increased by 5.2% in the year to August 2015, unchanged from 5.2% in the year to July 2015. House price annual inflation was 5.6% in England, 0.8% in Wales, 2.9% in Northern Ireland and -0.9% in Scotland. Annual…

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House price growth slows

There appears to a slowing down in the pace of house price growth in London and UK, except for Northern Ireland and the south west. The new data released by the Office of National Statistics showed that the annual rate of house price growth in London dropped from 11.2pc in the 12 months to March…

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