Tag: Economy

House prices stabilise over August

UK house prices remained stable over August, suggesting the blistering pace at which they were shooting upwards could have eased over recent months, Britain’s biggest mortgage lender, Halifax, revealed in today’s freshly published data.

avatar
Posted by: Leanne Halsey Categories: Economy, House Prices Tags: , , , , , , , Leave a comment

BoE governor indicates real wages will increase by mid-2015 – What does this mean for Interest Rates?

Mark Carney has indicated that wages will rise in line with inflation “around the middle of next year”, from when they are speculated to outstrip inflation, in a speech to delegates at the Trade Union Congress (TUC).

avatar
Posted by: Leanne Halsey Categories: Economy, Industry News Tags: , , , , Leave a comment

Bank of England retains its base rate at 0.5% amid pressure due to the UK’s current period of economic growth

The Bank of England’s Monetary Policy Committee (MPC) has voted to retain interest rates at 0.5% for the 66th consecutive month, reflecting its lack of conviction in the durability of the economic growth the UK is currently undergoing.

avatar
Posted by: Leanne Halsey Categories: Economy, House Prices, Mortgages Tags: , , , , , 1 Comment

Help to Buy Loans most popular in South East & London – yet could data belie the true impact of the governments flagship housing policy?

  A shade under 50, 000 homeowners have been assisted in their house purchase by the Coalition’s flagship Help to Buy scheme, with borrowers from London and the South East comprising the majority of those enlisted in the scheme.

avatar
Posted by: Leanne Halsey Categories: Economy, New Builds, Property Market, Property News Tags: , , , , , , , , Leave a comment

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

avatar
Posted by: Leanne Halsey Categories: Buying, House Prices, Industry News Tags: , , , , , Comments Off

Spiralling Rental Costs inhibiting young people from climbing onto Property Ladder

There is growing public clamour for the government to tackle the overpriced rental sector, as fresh figures have shown that housing costs for tenants are eating up the majority of their incomes. As such, they are toiling in their efforts … Continue reading

avatar
Posted by: Leanne Halsey Categories: Latest News, Rental Market, Renting Tags: , , , , , Comments Off

Is homebuyer confidence falling?

A recent survey is suggesting that confidence in the housing market has tumbled to its lowest level ever in the last three years. These fears are mainly based on over-inflated prices and talk of rises in interest rates.

avatar
Posted by: Samantha Turner Categories: Buying, Economy, Property Market, Uncategorized Tags: , , , , 4 Comments

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.

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