Households perceived that the value of their homes climbed in June, for the third consecutive month, according to the latest House Price Sentiment Index (HPSI) from Knight Frank and Markit • Households in every region expect the value of their home to rise over the next 12 months • Optimism over future price rises is […]
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Birds in the neighbourhood may mean higher house prices
The gentle tweeting of birds from the back garden can be enough to lift anyone’s mood, but new research suggests it may also be a sign that your house will be worth more too. A new study has shown that houses in areas rich with bird life sell for an average of £21,000 more […]
Tenants ‘unaware’ of deposit protection right
Almost one in three renters is unaware of their right to have their deposit protected, a housing charity has found. Almost one in three renters is unaware of their right to have their deposit ring-fenced so that their cash is kept safe, a housing charity found today. With the average deposit a tenant has […]
House prices up 10pc in five months
Average asking prices for property have risen by more than £20,000 so far this year, a website says. House sellers’ asking prices have soared to a new high, in further signs of confidence returning to the market, according to Right move. A 2.1pc month-on-month rise pushed average prices to £249,841 this month, with new […]
Help to Buy ‘bubble’ could push house prices up by 30pc
The Government’s “reckless” Help to Buy scheme risks creating a new housing bubble and could push the average UK house price to £300,000 by the end of 2015, a leading economic think-tank has warned. Fathom Consulting, run by former Bank of England economists, said that the scheme, which will give buyers with just a […]
Taxpayer risks ‘large losses’ over housing push, MPs warn George Osborne
The British taxpayer risks “large losses” over the Government’s commitment of billions of pounds to get the housing market moving, the Treasury Committee warned, threatening the Chancellor with a major blow to his credibility. In a damning critique of the Budget’s Help to Buy initiative, the cross-party committee has outlined a two-page list of questions […]
April house prices hit record high
House prices have hit an April record, new figures show, fueling expectations of a property market revival. House-sellers have raised the average asking price by 2.1pc to £244,706, setting a new record for this time of year, according to the Right move property website. Prices have risen by £15,717 since the start […]
House prices for first-time buyers up 5pc since summer
Efforts to prop up house prices appear to be having the biggest impact on first-time buyers. The average price paid for a home by first-time buyers rose 2.7 per cent last month to £125,799, according to data collected by Halifax. The mortgage lender also published its monthly house prices survey today which, in […]
UK house prices flat in March
The average price of a home in the UK was unchanged in March, according to the latest Nationwide House Price Index, which said the outlook was “unusually uncertain.” Although prices were flat month-on-month in March at £164,630 on average, they were up by 0.8pc on a year ago, marking the first year-on-year rise […]
Property market gets a Budget boost so are things looking up? What next for house prices?
The Budget put the property market back on center stage, while better mortgage deals have been delivered by the Funding for Lending scheme. Map showing the current level of affordability of property in England, calculated by measuring average prices against average earnings of residents The property market outlook Stuck for growth, George Osborne […]
