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Wednesday, September 1
House price inflation easing off, Land Registry shows
by
Jet-to-Let Magazine
on Wed 01 Sep 2010 09:45 BST
House price inflation in England and Wales is running out of steam, according to the latest figures from the Land Registry.Although prices rose by 0.4% in July, the annual rate of increase fell back from 8.5% to 6.7%. The figures chime with those of other surveys which have also suggested ... more » Tuesday, August 10
House prices starting to fall, say surveyors
by
Jet-to-Let Magazine
on Tue 10 Aug 2010 09:40 BST
House prices are starting to fall, the latest survey by the Royal Institution of Chartered Surveyors (Rics) has said. It is the first time since July last year that its monthly survey has detected a downturn in prices. Rics said this was because more homes were being put up for ... more » Wednesday, August 4
UK house prices rose 0.6% in July, Halifax says
by
Jet-to-Let Magazine
on Wed 04 Aug 2010 10:09 BST
UK house prices have continued to stabilise, according to the latest report from the Halifax. Prices rose 0.6% in July, the Halifax said, reversing a fall seen in June, but values have changed little since the start of the year. The annual house price inflation rate fell from 6.3% to ... more » Friday, July 23
UK home sales continue to increase
by
Jet-to-Let Magazine
on Fri 23 Jul 2010 10:10 BST
The number of homes sold in the UK in June rose by 21% from May to 86,000, HM Revenue & Customs has said. The sales figures were the highest this year and were up 15% on the same month last year. It means sales in the first half of 2010 ... more » Tuesday, June 29
House prices fell in May, Land Registry says
by
Jet-to-Let Magazine
on Tue 29 Jun 2010 10:06 BST
House prices in England and Wales fell by 0.2% between April and May, according to the Land Registry. The annual rate of price change also fell, with prices 8.2% higher in May from a year ago, against 8.5% in April. The average property value in England and Wales is now ... more » Thursday, June 17
House price inflation back to 10%, government says
by
Jet-to-Let Magazine
on Thu 17 Jun 2010 09:44 BST
Annual house price inflation is back in double-digits, according to government figures. The Department for Communities and Local Government (DCLG) said prices in April were 10.1% higher than a year ago. That was the highest rate of inflation since October 2007, when prices were on a downward trend. UK house ... more » Tuesday, June 8
House prices fall says Halifax
by
Jet-to-Let Magazine
on Tue 08 Jun 2010 11:17 BST
House prices in May were 6.9% higher on an annual basis according to latest data from the Halifax. This was the largest increase in the annual rate of change – measured by the average for the latest three months against the same period a year earlier – since October 2007.... more » Wednesday, June 2
House price inflation hits 8.5% in England and Wales
by
Jet-to-Let Magazine
on Wed 02 Jun 2010 09:33 BST
House prices in England and Wales are continuing to rise strongly, according to the latest figures issued by the Land Registry. Prices in April rose by another 0.2%, pushing up the annual rate of increase to 8.5%. This was the fastest rate of growth since September 2007. Meanwhile, the number ... more » Thursday, May 6
House price inflation hits 10.5%, says the Nationwide
by
Jet-to-Let Magazine
on Thu 06 May 2010 14:29 BST
The annual rate of UK house price inflation has hit double figures for the first time since June 2007, according to the Nationwide. The building society said that house prices in the UK had risen by 10.5% in the year to the end of April. Prices rose by 1% in ... more » Thursday, April 1
London values blossom against nationwide recovery
by
Jet-to-Let Magazine
on Thu 01 Apr 2010 11:23 BST
While nationwide property prices are showing small shoots of recovery, London is seeing a bigger rise in values according to the latest haart London Property Index. Nationally, it has been reported that there has been a 0.7 per cent increase in house prices. In the capital, however, there was a ... more » Thursday, March 18
First-time home buyers face price rise, DCLG says
by
Jet-to-Let Magazine
on Thu 18 Mar 2010 09:26 GMT
First-time buyers faced house prices that were 8.9% higher in January than a year earlier, government figures show. The average price paid by those buying their first UK home was £149,924 in January, the Department of Communities and Local Government (DCLG) said. This rose by 0.2% compared with December and ... more » Thursday, February 18
House prices rose by 2.9% in 2009, says government
by
Jet-to-Let Magazine
on Thu 18 Feb 2010 10:16 GMT
House prices in the UK rose by 2.9% last year, according to the latest government house price survey. Prices rose by 3% in England, 3.8% in Scotland and 1% in Wales, but fell 6% in Northern Ireland, the Department for Communities and Local Government said. The figures suggest that the ... more » Monday, February 15
Stamp duty change prompts rush by house buyers
by
Jet-to-Let Magazine
on Mon 15 Feb 2010 10:20 GMT
A rush to beat the end of the stamp duty concession saw a big rise in loans made to house buyers in December, says the Council of Mortgage Lenders (CML). There were 62,800 such loans, up by 23% from November and 90% higher than in December 2008. The number of ... more » Thursday, February 4
House prices rise by another 0.6%, the Halifax says
by
Jet-to-Let Magazine
on Thu 04 Feb 2010 11:56 GMT
House prices have risen for the seventh consecutive month - rising by 0.6% in January compared with December, the Halifax has said. The average UK home was valued some 3.6% higher in January than a year earlier, at £169,777. The figures show the continued trend of rising prices which has ... more » Thursday, January 28
Home buyers get more options
by
Jet-to-Let Magazine
on Thu 28 Jan 2010 16:19 GMT
‘Cash is King’ has been the rule for some time for those buying a property, but new analysis from moneysupermarket.com has shown that providers are beginning to loosen the purse strings with more products now available to mortgage borrowers with lower deposits or equity in their properties. Deals with an ... more » Monday, January 25
Spending cuts 'could hit affordable housing'
by
Jet-to-Let Magazine
on Mon 25 Jan 2010 10:07 GMT
The number of planned affordable homes built over the next 10 years could be halved by government spending cuts, a housing campaign group has warned. The government has pledged to build three million new homes by 2020, a third of which would be affordable. The National Housing Federation said pre-Budget ... more » Thursday, January 21
Houses 'are less affordable' than 50 years ago
by
Jet-to-Let Magazine
on Thu 21 Jan 2010 10:32 GMT
Houses are less affordable than 50 years ago although the quality of homes has improved, according to the Halifax. The lender, now owned by Lloyds Banking Group, said that over the last five decades UK house prices have risen by 2.7% a year, allowing for inflation. This was above the ... more » Thursday, December 17
House prices set to rise in 2010
by
Jet-to-Let Magazine
on Thu 17 Dec 2009 10:10 GMT
Property prices are set to rise in 2010 but sellers may have to wait until the end of the year to benefit, according to the latest predictions. With the New Year looming, industry bodies are already making their forecasts on the housing market, with the Building Societies Association (BSA) expecting ... more » Monday, December 14
Households' fortunes 'mixed' in recession
by
Jet-to-Let Magazine
on Mon 14 Dec 2009 17:35 GMT
Householders' disposable income has dipped sharply in the downturn but low interest rates have saved many from debt problems, a report suggests. A safety-first attitude to savings was inspired, in part, by a fear of redundancy, the survey for the Bank of England found. The poll, carried out in the ... more » Tuesday, December 8
House prices up for fifth month in a row, says Halifax
by
Jet-to-Let Magazine
on Tue 08 Dec 2009 12:21 GMT
House prices have risen for the fifth month in a row, says the Halifax, one of the UK's biggest mortgage lenders. Its latest survey says prices went up by 1.4% in November, pushing the cost of the average UK home to £167,664. Although that is still 1.6% lower than a ... more » Monday, November 9
Prices to fall in 2010?
by
Jet-to-Let Magazine
on Mon 09 Nov 2009 17:34 GMT
Property group Savills is predicting ups and downs within the housing market over the next five years - according to the group, after a 3.7% rise in values this year, the market will see peaks and troughs... Next year will see a drop of around 6-7%, while values will rise ... more » Monday, November 2
House prices edge higher
by
Jet-to-Let Magazine
on Mon 02 Nov 2009 09:54 GMT
House prices have edged upwards for the third consecutive month in spite of signs of a slowdown in demand from new buyers, according to Hometrack, a research company. Its monthly survey of estate agents and surveyors in England and Wales showed that house prices grew by 0.2 per cent in ... more » Friday, October 16
Buyers snap up bargains in the Docklands
by
Jet-to-Let Magazine
on Fri 16 Oct 2009 14:06 BST
The property market in London’s Docklands, an area that typifies “boom and bust” better than anywhere else in the country, is finally waking up several months after the rest of the capital. Buyers, who took fright after the collapse of Lehman Brothers last autumn, have been returning to snap up flats in prestigious new developments at a fraction of their original price. Bargain hunters include first-time buyers, those seeking a pied à terre in London and foreign students studying at the Greenwich and Queen Mary universities. Most are buying property for themselves, helping to allay fears that the recession would turn Docklands into a graveyard of empty high-rise buildings. The property market in London’s Docklands, an area that typifies “boom and bust” better than anywhere else in the country, is finally waking up several months after the rest of the capital. Buyers, who took fright after the collapse of Lehman Brothers last autumn, have been returning to snap up flats in prestigious new developments at a fraction of their original price. Bargain hunters include first-time buyers, those seeking a pied à terre in London and foreign students studying at the Greenwich and Queen Mary universities. Most are buying property for themselves, helping to allay fears that the recession would turn Docklands into a graveyard of empty high-rise buildings. The property market in London’s Docklands, an area that typifies “boom and bust” better than anywhere else in the country, is finally waking up several months after the rest of the capital. Buyers, who took fright after the collapse of Lehman Brothers last autumn, have been returning to snap up flats in prestigious new developments at a fraction of their original price. Bargain hunters include first-time buyers, those seeking a pied à terre in London and foreign students studying at the Greenwich and Queen Mary universities. Most are buying property for themselves, helping to allay fears that the recession would turn Docklands into a graveyard of empty high-rise buildings...... more »Friday, October 2
House prices 'back to 2008 level'
by
Jet-to-Let Magazine
on Fri 02 Oct 2009 09:34 BST
UK house prices have now recovered to the same level as a year ago, according to the latest Nationwide figures. The average price of a home last month was equal to September 2008, it said. The building society said that UK house prices rose by 0.9% in September compared with August, the fifth consecutive monthly increase. Nationwide said the price rises suggested that the worst of the recession was over. But it warned the rate of price increases may now slow.... more »Thursday, October 1
Best-ever month for home sales
by
Jet-to-Let Magazine
on Thu 01 Oct 2009 10:21 BST
London house prices climb as demand outstrips supply, says Ruth Bloomfield London’s property market is showing persistent signs of recovery, according to three separate studies. Prime house prices in central London have risen 1.3 per cent this month. Liam Bailey, head of residential research at Knight Frank, says the market ... more » Friday, August 28
House price rise hits 5-year high
by
Jet-to-Let Magazine
on Fri 28 Aug 2009 15:08 BST
House prices in England and Wales rose by 1.7% in July compared with June - the biggest monthly leap in value since July 2004, the Land Registry said. Every region recorded a monthly rise in prices, with the average home valued at £155,885, the analysis found. But prices were still ... more » Thursday, August 27
House prices 'continue to rise'
by
Jet-to-Let Magazine
on Thu 27 Aug 2009 10:54 BST
UK house prices rose for the fourth month in a row during August, the Nationwide has said, climbing by 1.6%. According to the Nationwide, the average price of a home is now £160,224, up from £158,871 in July. While prices are still lower than last year, the annual rate of ... more » Wednesday, August 26
first direct reduces arrangement fees on offset mortgages
by
Jet-to-Let Magazine
on Wed 26 Aug 2009 17:15 BST
first direct, part of HSBC, has today cut the arrangement fees on its fixed rate offset mortgages. On the 2 and 3 year fixed rate offset mortgages with 75% LTV, the arrangement fee is being reduced from £499 to £199. On the 2 year fixed rate offset mortgage with 65% ... more » Thursday, July 30
House Prices Could Rise This Year
by
Jet-to-Let Magazine
on Thu 30 Jul 2009 09:56 BST
The house price trend is now pointing upwards, according to Nationwide, and the average value could end the year higher than it started it. Do you expect prices to continue rising or are we merely seeing a blip on the market? Sign in to join the debate. Nationwide says that ... more » Wednesday, July 29
UK rent rise
by
Jet-to-Let Magazine
on Wed 29 Jul 2009 17:06 BST
Latest research from LSL Property Services shows rents rising in June, for the first time in three months... As a result, yields rose to an average 5.1 per cent last month, reaching their highest point in five years.Average rents increased 1per cent, to £649, compared with May but remained ... more » |
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