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January 2, 2013

Brits optimistic on 2013 house prices

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by Gill Montia

Brits optimistic on 2013 house prices
More people expect house prices to rise than fall over the coming twelve months, according to the latest Halifax Housing Market Confidence tracker. Thirty-eight per cent of respondents are expecting to see the average UK house price increase in 2013, while ...

December 27, 2012

Southend sees biggest annual house price rise

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by Gill Montia

Southend sees biggest annual house price rise
Over the past year, Southend has recorded the biggest rise in house prices among major UK towns and cities, according to new research from Halifax. The average selling price of a Southend dwelling leapt 14.8% from £172,782 in 2011 to ...

December 20, 2012

House prices up 1.5% year-on-year

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by Gill Montia

House prices up 1.5% year-on-year
New data from the Office for National Statistics (ONS) show UK house prices increasing 1.5% in the 12 months to October, with he annual rate of gain down from a 1.7% in September. The year-on-year rise reflects growth of 1.8% in England and ...

December 18, 2012

Rightmove: 2013 to see 2% rise in house prices

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by Gill Montia

Rightmove: 2013 to see 2% rise in house prices
Homeowners coming to market in December cut their asking prices by an average £7,772 (or 3.3%), according to Rightmove, with the firm registering the largest monthly fall in new sellers' ambitions to date. However, asking prices have actually increased ...

December 16, 2012

House prices up 3.3% on the year

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by Gill Montia

House prices up 3.3% on the year
House prices in England and Wales climbed by 0.2% in November, compared to October, marking a second consecutive monthly increase (October +0.2%) and giving an annual rise of 3.3% (October +2.5%). According to latest research from LSL / Acadametrics, November also ...

December 14, 2012

House prices to rise 2% in 2013

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by Gill Montia

House prices to rise 2% in 2013
UK house prices will increase 2% over the next 12 months, while the cost of renting will rise by around 4%, according to the Royal Institution of Chartered Surveyors (RICS), which expects "slight" improvements in the economy to be reflected ...

December 11, 2012

Revival in housing market confidence

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by Gill Montia

Revival in housing market confidence
Confidence in the UK housing market revived in November, according to the latest survey from the Royal Institution of Chartered Surveyors (RICS). Enquiries from would-be buyers increased across most of the country, having grown steadily since the end of the summer. That being said, ...

December 7, 2012

House prices slip 0.7%

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by Gill Montia

House prices slip 0.7%
House prices in the three months to November fell 0.7% (October -1%) compared with the previous three months, marking the sixth consecutive quarterly decline. According to Halifax, on an annual basis the value of the typical home was down 1.3%, at £160,879. However, during November ...

December 3, 2012

North / south house price divide narrows

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by Gill Montia

North / south house price divide narrows
November saw the housing market slow further across England and Wales, as seasonal factors began to kick in. According to Hometrack, house prices fell by 0.1% during the month, having declined at the same rate for five months in a row. ...

November 29, 2012

House prices hold steady in November

Permalink: House prices hold steady in November
by Gill Montia

House prices hold steady
UK house prices held steady during November, according to Nationwide, following a 0.6% increase in October. The value of the typical home currently stands at £163,853 with prices down 1.2% year-on-year (October -0.9%) and having remained in negative territory for the ninth month in ...

November 19, 2012

No signs of recovery in Scottish housing market

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by Gill Montia

No signs of recovery in Scottish housing market
The average Scottish house price currently stands at £155,188, according to Lloyds TSB Scotland, with the value of the typical dwelling down 10% since the market peaked in early 2008. On an annual basis prices have fallen 0.3% although in ...


English market towns forever popular

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by Gill Montia

English market towns forever popular
Homes in England's market towns are attracting an average price premium of £23,000, according to latest research from Lloyds TSB. What's more, the premium has typically doubled in the past decade taking prices 11% above the county average. Beaconsfield in Buckinghamshire is way ...

November 17, 2012

Dream of homeownership shattered for millions

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by Gill Montia

Dream of homeownership shattered for millions
The dream of homeownership is dying in Britain, according to the HomeOwners Alliance (HOA), a relatively new organisation set up to support existing and would-be homeowners. In a new report, HOA claims that the UK owner occupation rate has fallen to 64.7% ...

November 13, 2012

Brits shun big weddings in favour of property purchase

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by Gill Montia

Brits shun big weddings in favour of property purchase
Britons are shunning big white weddings in a bid to get on the property ladder, new research from Barclays claims. According to the bank, 52% of Britons would choose to put their savings towards a deposit for a ...

November 10, 2012

October housing market shows signs of life

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by Gill Montia

October housing market shows signs of life
October brought welcome signs of life to the housing market, with the value of the average property in England and Wales rising 0.1% (September: -0.1%), according to the LSL/Acadametrics index. The monthly increase was the first since May and sales ...

November 8, 2012

House prices won’t return to their 2007 peak until 2019

Permalink: House prices won’t return to their 2007 peak until 2019
by Gill Montia

House prices won't return to their 2007 peak until 2019
UK house prices won't return to their 2007 peak levels until 2019, according to Knight Frank. Worse still, once inflation is stripped out, average UK house prices are unlikely to hit 2007 levels in real terms until 2031. In ...

November 1, 2012

House prices up 0.6%

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by Gill Montia

House prices up 0.6%
UK house prices rose by 0.6% in October, offsetting September's 0.4% decline, Nationwide reports. At £164,153 the typical home has seen 0.9% shaved off its value compared to a year ago (September -1.4%) with 10 out of 13 UK regions recording annual price falls ...

October 31, 2012

Fall in negative equity households

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by Gill Montia

Fall in negative equity households
The number of UK households in negative equity has fallen over the last 18 months, according to the Council of Mortgage Lenders (CML). New figures from the lenders' body show that: 1. The amount of unmortgaged housing equity held by borrowers remains ...

October 30, 2012

House prices drift lower in October

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by Gill Montia

House prices drift lower in October
House prices across England and Wales fell by 0.1% during October, marking a third consecutive monthly decline (August -0.1%; September -0.1%), according to Hometrack. Thirty-one per cent of post codes experienced price falls and 5.7% recorded rises. However, over the last year, ...

October 29, 2012

Brits more optimistic on house prices

Permalink: Brits more optimistic on house prices
by Gill Montia

Brits more optimistic on house prices
More Britons expect house prices to rise than fall over the coming twelve months, according to the latest Halifax Housing Market Confidence tracker. Just over a third of respondents think the average UK house price will increase in the year ahead, while ...