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February 8, 2010
Scottish letting agency launches website with a difference
Permalink: Scottish letting agency launches website with a difference
by Gill Montia
McLean Forth has launched a new website.
The Edinburgh and Fife based letting agency says it is providing tenants and landlords with a unique online resource that includes a home furnishings store usable by any visitor to the site.
The facility ...
February 4, 2010
Halifax reports 0.6% rise in house prices in January
Permalink: Halifax reports 0.6% rise in house prices in January
by Kay Murchie
The Halifax has today revealed a 0.6% rise in house prices for the month of January compared with December.
The latest price gain takes the annual increase to 3.6% with the average UK home costing £169,777.
According to the Halifax, ...
NLA slates proposed tenant feedback website
Permalink: NLA slates proposed tenant feedback website
by Gill Montia
The National Landlords' Association (NLA) has declared that recently unveiled government plans for the private-rented sector remain "unworkable".
The body is commenting on the proposed development of a "Trip Adviser" type website that would allow tenants to post views on rental accommodation ...
February 1, 2010
CEBR revises house price forecast
Permalink: CEBR revises house price forecast
by Kay Murchie
Leading economic forecaster, the Centre for Economics and Business Research (CEBR), said it expects house prices to rise more than 6% during 2010 and be around 20% higher by the end of 2013.
Many housing experts are divided on their views with regard ...
Hometrack reports 0.1% rise in house prices in January
Permalink: Hometrack reports 0.1% rise in house prices in January
by Kay Murchie
According to housing intelligence group Hometrack, house prices in England and Wales grew by just 0.1% in January compared with the previous month.
However, the group said the rise was fuelled by activity in London and the south while ...
January 29, 2010
Nationwide reports 1.2% rise in house prices in January
Permalink: Nationwide reports 1.2% rise in house prices in January
by Kay Murchie
The latest house price index from the Nationwide Building Society has revealed a 1.2% rise for the month of January compared with December.
The latest price gain takes the annual increase to 8.6% with the average UK home costing ...
January 25, 2010
Rightmove survey reveals housing market optimism
Permalink: Rightmove survey reveals housing market optimism
by Kay Murchie
A survey by property website, Rightmove, has unveiled growing confidence within the housing market.
The website found that over half of Britons (53%) believe property prices will increase over the next year - compared to just 10% this time last year.
The optimism ...
January 20, 2010
House prices increase fourfold in half a century
Permalink: House prices increase fourfold in half a century
by Kay Murchie
A study by the Halifax has revealed that owning a home is less affordable than it was 50 years ago.
The lender, which was taken over by Lloyds Banking Group at the height of the financial crisis in autumn 2008, ...
January 18, 2010
Asking prices up 4.1% in January on year
Permalink: Asking prices up 4.1% in January on year
by Kay Murchie
Property website, Rightmove, has reported a rise in asking prices in England and Wales in the five weeks to January 9.
The website said due to a shortage of homes on the market, asking prices were pushed up to an ...
January 12, 2010
House price growth eases say Rics
Permalink: House price growth eases say Rics
by Kay Murchie
The Royal Institution of Chartered Surveyors (Rics) has today reported that house price growth slowed in December with almost one third of surveyors reporting price gains than falls during the month.
However, the positive balance was lower than in the previous ...
January 7, 2010
UK house prices 1.1% higher on year
Permalink: UK house prices 1.1% higher on year
by Kay Murchie
The Halifax has today reported a 1% rise in house prices for the month of December compared with the previous month - the sixth consecutive month that house prices have risen, driven by higher demand and a shortage of properties ...
January 3, 2010
Four in 10 UK areas see improved affordability for FTBs
Permalink: Four in 10 UK areas see improved affordability for FTBs
by Kay Murchie
First-time buyers (FTBs) may be interested to learn that in 39% of local authority districts, property is now affordable to them.
According to this year's Halifax First-Time Buyer Annual Review, someone on average earnings could now afford the ...
December 31, 2009
House prices rise for eighth consecutive month
Permalink: House prices rise for eighth consecutive month
by Kay Murchie
According to the Nationwide, UK house prices have risen for the eighth month in a row.
The building society said house prices rose by 0.4% in December compared with November, taking the average cost of a home to £162,103.
Prices have continued ...
December 30, 2009
Land Registry reports 0.9% rise in house prices in November
Permalink: Land Registry reports 0.9% rise in house prices in November
by Kay Murchie
The Land Registry has reported a rise in house prices in England and Wales in November.
According to the Registry, house prices rose by 0.9% in November compared with October putting the average cost of a home at ...
December 29, 2009
Lack of new buyers slows house price growth in December
Permalink: Lack of new buyers slows house price growth in December
by Kay Murchie
According to housing intelligence group Hometrack, the pace of house price growth slowed in December due to a lack of new buyers.
The group said the number of househunters were down by 2.2% during the month, while the ...
December 24, 2009
Foxtons to appeal against landlord fees judgement
Permalink: Foxtons to appeal against landlord fees judgement
by Gill Montia
Foxtons is proposing to appeal against a High Court ruling on landlord fees, The Times has reported.
The Office of Fair Trading (OFT) won a High Court case against the London-based lettings agent in July, following complaints from landlords about the ...
December 22, 2009
HMRC: House sales fall in November
Permalink: HMRC: House sales fall in November
by Kay Murchie
HM Revenue & Customs (HMRC) has revealed a slight fall in the number of homes sold in November in the UK.
According to HMRC, 87,000 homes worth at least £40,000 or more were sold in the month - a slight dip from ...
Rics predicting house price gains of 1%-2% next year
Permalink: Rics predicting house price gains of 1%-2% next year
by Kay Murchie
The Royal Institution of Chartered Surveyors (Rics) said today it expects house prices to rise by 1%-2% in 2010.
According to the Institution, there will be gains in the early part of the year but this will be followed ...
December 21, 2009
BoE economist predicts end to house price rally
Permalink: BoE economist predicts end to house price rally
by Kay Murchie
Bank of England economist, Kate Barker, believes the recent house price gains will not be sustained in 2010.
Her comments come as many leading property experts are also predicting an end to the recovery in house prices this year.
In an ...
December 17, 2009
First-time buyers fall to one-year low
Permalink: First-time buyers fall to one-year low
by Kay Murchie
Figures published by the National Association of Estate Agents (NAEA) have revealed that the proportion of first-time buyers purchasing property in November fell to its lowest level for a year.
According to the NAEA, 19% were first-time buyers in November - down ...
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