Home values news
Latest Home values news
House prices 'affect by transport links and social scenes'
The existence of good transport links and thriving social scene in an area can be just as important as factors such as jobs and schools when people are considering buying property for sale , one specialist has explained. That is the opinion of UK property expert Helen Adams, who noted that there is a reason why good commuter towns tend to have higher property prices . Not ...
23rd Nov 2011
Insulation 'an easy way to boost house prices'
One of the simplest ways for UK property owners to increase their home values is to have insulation installed, one specialist has pointed out. Andrew Leech, executive director of the National Home Improvement Council (NHIC), said that house prices can be considerably increased by having it fully insulated with roof and cavity wall insulation as well. That can also provide ...
18th Nov 2011
Home values news archive
Borrowers 'more optimistic' about house prices
The UK's mortgage customers are more optimistic about house prices in the coming months, according to a new industry survey. In Knight Frank/Markit's House Price Sentiment Index (HPSI), the organisations highlighted that borrowers are showing more confidence in house prices after Bank of England hinted that the rate rise is now off the agenda. According to the data, ...
17th Nov 2011
Fixed-rate mortgages 'unlikely to fall'
Fixed-rate mortgages are unlikely to fall any further in the near future, according to one expert who has said that now is as good a time as any for prospective UK property owners to take one out. Ben Wilkie, editor at What Mortgage, made the comments after new data from the Council of Mortgage Lenders revealed that loans for both house purchase and remortgage fell slightly ...
15th Nov 2011
UK house prices fall in three months to October
The cost of buying property for sale in the UK fell in the three months to October compared with the three months to September, according to Halifax House Price Index. Annually, prices in October were 1.8 per cent lower as measured by the average for the three months to October against the same period a year earlier. This is the lowest annual fall since December 2010 and ...
8th Nov 2011
6 in 10 homeowners 'have never changed their mortgage'
A new report has revealed that 58 per cent of property owners in the UK have never changed their mortgage outside of moving home. The survey, carried out by Barclays, found that 92 per cent of homeowners are currently trying to reduce their monthly outgoings yet many are ignoring how they could cut one of their biggest monthly outgoings - their mortgage. According to the ...
7th Nov 2011
Mortgage approvals rise in September
Building societies and other mutuals are continuing to support homebuyers and savers against the backdrop of continued economic uncertainty, according to the Building Societies Association (BSA), following new figures published by the organisation. The data shows that both the value of mortgage approvals and gross lending in September 2011 were at their highest level for ...
31st Oct 2011
UK house prices set to fall in 2012
House prices across the UK are set to fall by five per cent next year, and will show little growth until 2014, the latest UK property report has noted. The new Knight Frank report shows that, in real terms, when adjusted for CPI inflation, house prices will have fallen by 29 per cent from the peak of the market by 2015 and are unlikely to regain the levels seen in 2007 ...
28th Oct 2011
Housing policies should create 'real choice' for the elderly
There are few options open to elderly people who are looking to downsize their property at the moment, according to the Chartered Institute of Housing. Domini Gunn, director of public health and vulnerable communities at the organisation, said there are few "genuine alternatives" for many older people who wish to downsize. She argued that the country's housing ...
27th Oct 2011
FTBs 'should consider the north'
People struggling to get on the housing ladder could consider moving up north, according to a one specialist who has said this may solve problems for many people. Selwyn Lim, an expert on UK property prices , said that it is currently becoming even harder for first-time buyers to access the housing market in the south. It follows the publication of the latest Quarterly ...
25th Oct 2011