House prices news
Latest House prices news
London remains popular for property investors
Prospective landlords looking to invest in property have been told that London still remains a safe bet, with some areas proving to be particular hot spots for investment. Richard Bowser, editor of Property Investment News, a monthly real estate magazine, said that London will continue to be a magnet for long-term investment in residential property. He explained that houses ...
11th 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
House prices news archive
Rics: UK sales levels rise in October
The number of UK properties being sold in October rose, along with demand, according to a new report by the Royal Institute of Chartered Surveyors (Rics). During October, eight per cent more chartered surveyors reported newly-agreed property sales rising rather than falling, the latest Rics UK Housing Market survey shows. This represents a rebound in activity following last ...
8th Nov 2011
Empty property 'should be made available'
Enabling public-owned empty properties to be brought back into use would set an example for the private sector, according to n independent campaigning charity. David Ireland, chief executive at Empty Homes, said there are many ways in which the government can tackle the problem of empty homes He explained that most owners of empty properties don't want their property to ...
3rd Nov 2011
London property demand 'will continue in 2012'
The demand for London property will only strengthen in the coming months, as the Olympic Games draw nearer and the market continues its upward curve, according to one expert. Searchers for property for sale in London will be as popular as ever next year, according to Jane Marr, an expert on UK property , who said that London is now regarded as a "safe haven" for ...
2nd Nov 2011
UK house prices rise in October
The average price of a UK home rose slightly in October compared with the same period in 2010, according to new housing market figures released by nationwide. The data shows that house prices rose by 0.4 per cent compared with September this year, marking a slight monthly change, though prices were up 0.8 per cent on October 2010, significant return to growth, noted Robert ...
1st Nov 2011
Housing market confidence 'will be hit'
The UK housing market is likely to suffer from a lack of public confidence in the next year, it has been claimed. According to property expert Jane Marr, the "feel good factor" of people's perception of job security, inflation and the cost of living will play a "significant role" in how the property market performs in the near future. Her comments ...
28th 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
UK 'in need of more affordable rural housing'
There needs to be a move to boost the amount of affordable housing in the UK, according to one organisation. A spokesman for the Campaign to Protect Rural England said that there is currently a need to get some generally affordable housing in rural economies and there are several ways that this can be achieved. "One of them is for councils using tools such as being ...
27th Oct 2011
London property prices set to rise
House prices for property in London are set to rise in the coming year, before levelling off, according to the latest industry report. Research carried out by Knight Frank suggests that prime central London prices will climb five per cent next year, before pausing in 2013 and rising by a further four per cent in 2014. According to the organisation, geo-political issues ...
26th Oct 2011