Category: House Prices

Affluent households paying an average of £21,000 more for houses near top state schools

A recent study carried out by Lloyds banking group has shown that affluent parents are prepared to pay on average £21,000 more than the average house price in bordering neighbourhoods for the privilege of living within the same postcode as … Continue reading

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Posted by: Leanne Halsey Categories: Buying, House Prices, Industry News Tags: , , , , , Leave a comment

Is the housing market starting to cool in the capital?

Following the latest report from the Royal Institution of Chartered Surveyors’ (RICS) we’re left wondering if the housing market in the capital is starting to lose its heat as findings from the report show that the number of buyer enquiries … Continue reading

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Posted by: Leanne Halsey Categories: Economy, House Prices, Property Market Tags: , , , , , , 1 Comment

Property Paycheck

Yesterday, the Office for National Statistics revealed that (excluding bonuses) wages in the UK rose by just 0.6% in the year to June. This rise was the slowest since records began in 2001 and as such, it is no surprise … Continue reading

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Posted by: nicolasevern Categories: Economy, Estate Agents, House Prices, Selling, Uncategorized Tags: Comments Off

Housing Market cools for the first time this year

Asking values for houses fell for the first time this year, as freshly gathered data shows a potential cooling period in the housing market.

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Posted by: Leanne Halsey Categories: House Prices, Mortgages, Property Market Tags: , , , , , 1 Comment

Bank of England governor alerts to danger of potential financial crisis as UK house prices rise to record 10.5%

The Bank of England’s governor, Mark Carney, has reinforced his ominous forecasts concerning the UK housing market, as new data indicated that house prices rose by 10.5% in the 12 months to May.

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Posted by: Leanne Halsey Categories: Economy, House Prices, Mortgages, Property Market Tags: , , , , , , Comments Off

Funds running short for Help to Buy in Scotland

Funds set aside for the Help to Buy scheme in Scotland have run out only three months into the financial year leading many would-be buyers’ dreams of home ownership to crumble.

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Posted by: nicolasevern Categories: Buying, Economy, House Prices, Property News, Uncategorized Tags: , , , , , , Comments Off

Help to Buy is assisting the right homebuyers with 55% of purchasers coming from the private rented sector

55% of people who have bought a property using the Government backed Help to Buy scheme have moved from the private rented sector, according to findings in Countrywide plc’s latest Quarterly Market Review.

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Posted by: nicolasevern Categories: Buying, House Prices, Industry News, Latest News Comments Off

Housing boom potentially peaks as prices of new houses on the market come to ‘a virtual standstill’, says Rightmove

The recent burgeoning surge in property prices appears to have decelerated across the UK this month according to Rightmove’s newly published House Price Index (HPI). Adding further fuel to the fiery debate surrounding house prices, Rightmove suggest that prices have … Continue reading

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Posted by: Leanne Halsey Categories: Economy, House Prices, Property Market Tags: , , , , , Comments Off