House prices news
Latest House prices news
Gross mortgage levels remain stable in August
The amount of money being loaned to Brits looking to make house purchases has been scrutinised in recent months, with first-time buyers in particular facing hard conditions when it comes to buying. However, new data released by the Council of Mortgage Lenders (CML) has shown that August was a particularly resilient month for lenders looking to give mortgages for properties ...
21st Sep 2012
UK house prices grow by 2% year-on-year
The price of houses in the UK property market has risen once again this year compared to 2011, but not as much as could have been anticipated, leaving many homeowners feeling disappointed. Low house prices have stalled the market for people moving, as they cannot get the equity they require from the sale of their own properties for sale to buy a more valuable one. And this ...
19th Sep 2012
House prices news archive
Britain's most expensive house up for sale in London
The most expensive piece of residential UK property has gone on sale in London, with a hefty price tag likely to attract only the wealthiest in the world to even look at it, never mind make a decision on whether to purchase. The capital house, which was formerly the property of the Lebanese prime minister for when he stayed in the UK, has views over Hyde Park, bulletproof ...
18th Sep 2012
Cheaper to buy than rent in the UK
Many people in the UK now choose to move into the private rental sector rather than purchasing properties for sale. However, a new report has found that despite the initial high costs, it can actually be cheaper to buy. According to Halifax, the cost of purchasing your own home with a mortgage can work out at £130 less per month in the UK than paying rent to a private ...
17th Sep 2012
UK house prices improve in August
House prices in the UK have shown a level of recovery in August after a poor performance during the earlier summer months of June and July. Summer is traditionally the slowest time of the year for purchasing properties for sale, but the latest report from LSL Property Services and Acadametrics has shown that August saw a particularly decent performance. The average price of ...
14th Sep 2012
Buy-to-let buyers turning towards flats and terraced homes
Landlords who are looking to increase their buy-to-let portfolio with new properties for sale are increasingly turning towards flats and terraced houses more than any other property type. This was the finding of the latest research which was carried out by Paragon. It discovered that 58 per cent of landlords were looking to increase their stock of these kinds of property. ...
11th Sep 2012
Cost of living near top state schools is on the increase
Parents who are looking at where they will send their children when it comes time to start school are risking having to pay much higher house prices when moving into the catchment areas for top state schools. According to a new report released by Lloyds TSB, the typical price of a home in the vicinity of a school which has posted very good GCSE results is over ...
10th Sep 2012
UK house prices see a positive turn
The UK property market could soon see a small level of improvement, after a new report from one of the country's leading lenders said that house prices have improved in recent weeks. According to Nationwide, the price of an average property across the country as a whole has risen by a small amount of 1.3 per cent through August, as the traditional slow down seen in the ...
31st Aug 2012
London remains a property price 'safe haven'
The market for properties for sale across the UK has been seeing falling or stagnant prices ever since the start of the financial crisis in 2007. However, in spite of this, there is one area of the country which has continued to perform well. According to Ed Mead, director at Douglas & Gordon, London still remains a "safe haven" for those who are looking to ...
30th Aug 2012
Second-time buyers facing difficult market as prices remain low
Homeowners in the UK property market looking to move to their second house are finding it more difficult than they have at any time in the last 20 years. According to a new report from Lloyds TSB, those who are selling their own first houses are facing equity of just five per cent of the price of a new home. This is a sizeable drop compared to the 44 per cent that was ...
28th Aug 2012