Archive for the ‘House Prices’ Category

Top 20 commuter homes hotspots for priced-out Londoners

Posted: February 4th, 2015 | Posted by: admin

Top spot: flats by the Thames next to Thurrock Yacht Club at Grays in Essex (Image: Alamy)   Where do you no when it’s time to quit London? A new report revels the top 20 locations Londoners have moved out to in the last year.. Leafy, an hour’s commute from London, a landmark shopping mall […]

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Which UK city is winning the house price race?

Posted: February 1st, 2015 | Posted by: admin

New data shows house price momentum in Scotland and the North in the second half of 2014 House price growth sped up in Scotland and parts of the North of England in the second half of 2014 as the north-south divide begins to narrow. Homeowners in Edinburgh, Aberdeen, Glasgow and Newcastle saw a reversal of […]

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‘The housing market is well off the boil’: Nationwide sees cooling property demand as mortgage lending slumps

Posted: November 25th, 2014 | Posted by: admin

Gross mortgage lending falls by nearly £1bn at Nationwide Building society notes slowdown in both demand and house price growth BBA reveals approvals are down 16% compared to last year Nationwide pre-tax profits rise 113% to £598million New current account opened every 50 seconds  Further signs of a cooling housing market emerged today with two […]

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Property investors to add further pressure to prices

Posted: April 30th, 2014 | Posted by: admin

 A flood of property investment in Britain this year will push up prices even further as investors seek a safe haven for their cash, according to a survey of top property bosses. “Big-Four” consultancy firm EY described the UK as “leagues above” the rest of Europe in terms of the quality of residential and commerical […]

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‘House prices can’t rise faster than wages forever’: Banks face tests on property crash and rate rises as Treasury official warns on bubble

Posted: March 27th, 2014 | Posted by: admin

  OBR warns ‘house price to income ratio has been growing for the last 40 years but that cannot go on forever’ Bank of England says mortgages larger than four times salary at highest level since 2005 House prices up £17k in a year, but wages rise just £417 The Bank of England will test […]

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UK house price rises accelerating, says Halifax

Posted: March 12th, 2014 | Posted by: admin

House prices are continuing to accelerate across the UK, according to the latest snapshot from the Halifax mortgage lender. Its latest survey, for February, shows that prices rose by 2.4% last month, leaving them 7.9% higher than a year ago. That was the fastest annual pace of increase since October 2007 and means the average […]

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London house prices to rise by a quarter in five year

Posted: February 28th, 2014 | Posted by: admin

House prices in London will see prices rise by almost a quarter in the next five years, according to an estate agency today. Five year growth details for London and suburbs The average London home now costs £409, 881  The average price of a home in the capital is now £409, 881 Credit: Dominic Lipinski/PA […]

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Prime property in London expected to outperform gold and stocks and share

Posted: February 17th, 2014 | Posted by: admin

Prime residential property in London will outperform other major asset types in terms of growth this year, according to the latest index from agents Chesterton Humberts.It is forecasting that capital values will rise 10.1%, compared with a 7.8% rise for the FTSE 100 Index and 1.4% for gold and believes that this will encourage investors […]

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