Posts Tagged ‘uk’
UK business continues its rapid top line growth says Purplebricks CEO Michael Bruce
Purplebricks Group plc today released their interim results for the 6 months ended 31 October 2017. Group revenue up 150% to £46.8m. Impressive UK performance, raising average revenue per transaction 14%. Commenting on the results, Michael Bruce, Group CEO, said: “We have had a great first half, with strong trading, significant strategic progress and substantial…
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 MoreAverage house prices in the UK have increased by 5.0% in the year to August 2017
UK House Price Index summary for August 2017 from the Land Registry published 17th October 2017 reveals that UK House prices grew by 5% in the year to August 2017, experiencing a 0.5 percentage point increase from the previous month. The report highlights: Average house prices in the UK have increased by 5.0% in the…
Read MorePrices are not plummeting in the capital and surrounds, but rather sliding gently according to Home.co.uk
Home.co.uk Asking Price Index report October 2017 released today headlines ‘House Prices Tick Up Despite London Falls.’ Top of the Home.co.uk headlines: Greater London prices slide for a third consecutive month, by 0.2%, pushing the year-on-year change into negative territory (-0.7%). The drag effect of a weak London market means that the national average growth…
Read MoreShortage of stock both in the new build and second-hand market says RICS
The latest Royal Institution of Chartered Surveyors (RICS) UK Residential Market Survey report September 2017 released today headlines ‘Activity drops amid price increases’. The survey reveals the UK housing market continues to lack momentum in September, as demand from new buyers and sales fall again and the shift in interest rate expectations contributes to buyer…
Read MoreJoint report on UK and Irish Housing Markets:
A joint research report, recently published by UK Finance and the Banking and Payments Federation Ireland (BPFI). The report, UK and Irish Housing Markets: A First Time Buyer Perspective. Themes explored in the report are: First-time buyers in both the UK and Ireland are suffering similar effects of the financial crisis, but in the last…
Read MoreProperty prices rise by 1.1% in July compared to previous month according to UK HPI
UK House Price Index (HPI) – July 2017 published 12th September from HM Land Registry. As of July 2017 the average house price in the UK is £226,185, and the index stands at 118.63. Property prices have risen by 1.1% compared to the previous month, and risen by 5.1% compared to the previous year. Read…
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%…
Read MoreHousing market is likely to remain subdued for the next couple of years according to PWC
UK economic growth held up better than expected in the six months following the Brexit vote, particularly as regards consumer spending. But growth slowed in the first half of 2017 as inflation rose sharply, squeezing household spending power, according to PWC UK Economic Outlook report July 2017. The PWC states: The housing market is likely…
Read MoreBrexit negotiations formerly start today
Brext negotiations formerly start today June 19th at 11am in Brussels, the negotiations are talks between the European Union and United Kingdom representatives about Brexit terms. The process is expected to last up to 15 months and will conclude with the UK formally leaving the EU. It is almost a year since the UK voted…
Read MoreUK House prices grew by 5.6% in the year to April 2017
The UK House Price Index (HPI) April 2017 published today. The UK House Price Index shows house price changes for England, Scotland, Wales and Northern Ireland. UK House prices grew by 5.6% in the year to April 2017, 1.1 percentage points higher than in the year to March 2017. Average property price now £220,094. England annual…
Read MoreAverage rents fell nationally for the first time in eight years in May 2017 says Homelet
Homelet Rental Index report – May 2017 data published today headlines ‘UK rents fall for the first time in eight years’. Rents in the UK fell by 0.3% in May compared to the same month a year ago, the average monthly rent now stands at £901. Rents in London fell by 3.0% in May compared…
Read MoreCML reviews housing in Scotland compared to rest of UK
Latest news release from the Council of Mortgage Lenders (CML) published 30th May 2017 headlined ‘Housing in Scotland: a key political issue’ CML looks at how the market in Scotland compares to the rest of the UK, and reviews different housing practices and policies operating north of the border. Scotland is the second largest housing…
Read MoreNumber of residential property transactions drops by over one fifth in April
HM Revenue and Customs UK Property Transactions Count – April 2017 released 23rd May 2107. National Statistics – monthly property transactions completed in the UK with value of £40,000 or above. The number of residential property transactions dropped by over one fifth in April as the housing market showed further signs of a slowdown. For April…
Read MoreSavills Plc announce they have traded in line with expectations.
Savills plc, the international real estate advisor, held their Annual General Meeting (AGM) yesterday 9th May 2017, they announced that during the year to date Savills has traded in line with expectations and ahead of the corresponding period in 2016, both as reported and on a constant currency basis. In relation to the UK Prime…
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