For sale news (September 2011)

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Latest For sale news

'Serious sellers' returning to the housing market

The UK housing market has benefitted from the return of "serious sellers", according to a new report by the National Association of Estate Agents (NAEA). It claims that the country's property industry fared better than expected this summer, with estate agents reporting an increase in sales during the traditionally quiet month of August. According to the ...

23rd Sep 2011

Shortage of forced sellers 'has helped the housing market'

A shortage of 'forced sellers' in the housing market has helped it in many respects, according to one analyst. That is the opinion of David Smith, economics editor at the Sunday Times, who said that, despite house price falls during the recession, the market has performed better than most people had expected due to the lack of repossessions. It comes after the ...

23rd Sep 2011

For sale news archive

UK house prices fall for 15th consecutive month

House prices in the UK have fallen for the 15th consecutive month, according to the latest industry report issued by Knight Frank and Markit. The September House Price Sentiment Index (HPSI) shows that house prices are perceived to have fallen for the 15th consecutive month in September, though at the slowest pace since July 2010. In addition, expectations for house price ...

21st Sep 2011

Downsizing property 'can be difficult'

Downsizing UK property in order to raise equity can be far more difficult than some people imagine, according to one expert on the subject. David Wright, managing director at independent financial adviser Sixty Plus, said downsizing is one of the most obvious alternatives to equity release He explained that his organisation always raises it as a subject with clients to make ...

21st Sep 2011

Property in the south-east 'a good investment'

Property for sale in the south-east of England is likely to be a wise investment in the coming months as these homes are only likely to increase in value in the year ahead, one expert has predicted. According to Peter Mindenhall, writer and researcher at IPINglobal.com, property in Berkshire , Surrey and London is always a good investment because it is highly desirable and ...

20th Sep 2011

July house purchase lending 'highest for 11 months'

Lending for property purchases rose by both volume and value in July compared to the previous month, according to new data released by the Council of Mortgage Lenders (CML), reaching the highest level for 11 months. Overall, the value increased from £6.9 billion to £7.3 billion and the volume from 47,800 to 48,800, both of which were at their highest since last ...

13th Sep 2011

Mortgages 'far cheaper' than when base rate fell

Mortgages in the UK are currently thousands of pounds cheaper than they were when the base rate initially fell to 0.5 per cent, a new report shows. Research carried out by Defaqto shows that, while it remains somewhat difficult for people to secure a mortgage, those able to do so can access significantly better deals now than in March 2009. The company noted that average ...

9th Sep 2011

London 'a global leader' for property investment

London's position as one of the most popular cities in the world to invest in property is unlikely to change anytime soon, according to one expert. That is the opinion of London property analyst Ed Mead, who said there are three main centres in the world for investing in homes - New York, London and Tokyo – and of these it is London that is least likely to be ...

7th Sep 2011

London property price growth 'is realistic'

It is entirely realistic to expect UK house prices in the coming month, according to one expert commenting on a new industry study. Knight Frank reported this week that prices of prime London property rose by 0.9 per cent in August 2011, contributing to annual growth of 10.5 per cent. In total, prices have risen 36.3 per cent since their recent post-credit crunch low in ...

2nd Sep 2011