House prices news
Latest House prices news
New home prices increasing across the UK property market
While the prices of properties for sale across the UK have remained relatively low over the course of the last few years, it has been reported that new builds, especially in certain areas, are beginning to increase in their value. According to a new study by LSL Property Services, the prices of such constructions across the country are now climbing, with a 1.41 per cent ...
16th Nov 2012
Prime London UK property prices rise by 8%
The market for properties for sale in London has always been its own mini market where prices often act far differently to the rest of the UK as a whole. While Nationwide said this week (November 1st) that the average house in the country has seen its cost drop by 0.9 per cent in the past 12 months, a new report has shown that prime homes in London, with a cost of more ...
1st Nov 2012
House prices news archive
No momentum in the UK property market, says Nationwide
People looking to offload their properties for sale are facing a market that has no momentum, despite a recent rise in prices that they can achieve, a new report has discovered. According to a study carried out by Nationwide, the price of houses throughout the month of October, calculated from the mortgages that it provided throughout, were 0.6 per cent higher than the ...
1st Nov 2012
UK property sales expectations to rise, says RICS
Sales of UK property are expected to pick up in the coming months as measures by the government to make mortgages more widely available begin to have an impact, according to the Royal Institution of Chartered Surveyors (RICS). The organisation reported that house prices eased unexpectedly last month, with its seasonally adjusted house price balance rising to -15 from an ...
9th Oct 2012
House prices see third consecutive fall in September
House prices across the UK have remained largely unchanged so far in the first nine months of 2012. However, the newest figures released have shown that they fell once again in September ever so slightly following the trend for the rest of the summer. With lower activity in the warmer months normal, this could be expected, but it is thought that the Olympics and Euro 2012 ...
5th Oct 2012
London is a 'booming market' for competitively priced houses
Prime London properties have been some of the most resilient against drops in prices over the last five years since the market crashed in 2007. And according to one estate agent, the UK property market for expensive housing in the capital is still strong, despite there being somewhat of a reduction in activity as a whole. Nigel Ellis, director at Prickett & Ellis, said ...
4th Oct 2012
London prices reaching peak as UK suffers
Prices of UK property as a whole have taken a hit, after a new report has been released stating that year-on-year there has been a drop in what people are paying for their new houses. According to Nationwide, the third quarter of 2012 has seen a far-greater number of people across the country move into the privately rented sector, dropping demand, and with it, property ...
2nd Oct 2012
BTL landlords should keep a good credit rating
Buy-to-let landlords in the UK who are looking to expand their portfolio of properties should make sure that they have a good credit rating constantly to ensure that they can secure a mortgage as and when they need to. Lee Grandin, director at Landlord Mortgages, said that at the moment, there is a lack of good deals around for those who are looking to get themselves new ...
28th Sep 2012
Many homeowners using their house to fund retirement
A greater number of older Brits are now using their properties for sale as a way to release funding for themselves to ensure that they have a good way of life in the future, a new study from insurer LV has discovered. According to the firm, there are many who are worried about the amount of money they will have in their later years, who now choose to sell their house as a ...
27th Sep 2012
London property prices rise 10% year-on-year
The price of prime homes in London have risen by their fastest rate in three months as a greater number of investors come into the market for these properties for sale. According to the latest figures released by Knight Frank, luxury properties in the centre of the capital now cost ten per cent more than they did at the same time last year. The Prime Central London Index ...
25th Sep 2012