Home values news (March 2012)
Latest Home values news
Carrying out home improvements 'is cost effective'
People who carry out improvements on a property may find that the process can make them money in the long run, particularly when it comes to selling the house. Martin Lewis, the money saving expert, said that improving a property can help to boost house prices if it is down right, and often the amount that is added to the home value can exceed the price of carrying out the ...
28th Mar 2012
Property extensions 'can be pursued on a low budget'
Families can enhance their property , as well as improve its asking price, by investing in a home extension. This is the opinion of Andrew Leech, director of the National Home Improvement Council, who was particularly keen to advise people to look into adding a conservatory to the back of their house. "They are not tremendously expensive, but they will provide another ...
23rd Mar 2012
Home values news archive
Prime London property rents 'set to fall'
There is likely to be a reduction in rents for prime London property in the coming weeks, according to one expert. Ed Mead, director at Douglas & Gordon, said that he does not expect to see rents going up over the short or medium term, by virtue of the fact that buy to let property has had a "resurgence" in recent times. This is because a mortgage on buy to ...
13th Mar 2012
London land values increase substantially
There has been a sharp rise in central London residential development land values over the last 12 months, according to the latest report from Knight Frank. The data shows that values are up 20.3 per cent year-on-year while, on a quarterly basis, they rose by more than three per cent in the final quarter of 2011. Outside of the capital the land market is stable, which ...
12th Mar 2012
City house price rises 'outpacing UK average'
House prices in UK cities have risen by an average 382 per cent over the past 25 years, according to the latest report, which is outpacing the average increase across UK property . As part of this year's Diamond Jubilee celebrations, 26 towns have applied for city status, and to commemorate this Halifax published a study looking at how house prices in cities have ...
12th Mar 2012
Prime London 'a major location' for property investors
There is no doubt that prime London property is one of the very best places to invest at the moment, one industry expert has pointed out. Liz Peace, chief executive of the British Property Federation, said that at a time of global uncertainty, it is "entirely logical" that investors should look to the UK. Her comments followed an MIPIM industry which claimed that ...
9th Mar 2012
New insulation and lighting 'can boost home values'
Homeowners looking to boost the value of their property may find that they can increase their home values by adding insulation to the property and revamping the lighting arrangement. That is the opinion of interior designer Danielle Proud, who said that these alterations can make the house more environmentally friendly and therefore more attractive to potential buyers in ...
1st Mar 2012