With a property market that’s rising faster than most young people’s wages many parents are worried about how their children are going to start climbing the property ladder according to estate agent Belvoir. Continue reading
More planning reform is needed to support the UK property market and developers, according to lending property finance experts. Continue reading
House prices in the latest three months (March-May) were 2.0% higher than in the preceding three months (December 2014-February 2015) according to the latest Halifax House Price Index.
The quarterly rate of change fell for the second successive month and compares with 2.6% in March. Continue reading
The average price of a home in Britain’s seaside towns has risen by a third over the past ten years, according to research by Halifax, which is leading many older people to rent by the sea when they retire, says Peter Girling, Chair of Girlings Retirement Rentals.
Halifax found that the average seaside property price is now £208,729 compared to £159, 522 in 2005, with the UK’s most expensive seaside town Salcombe in Devon with an average price of £672,874, followed by Sandbanks in Dorset with an average of £614,726. Continue reading
The number of new homes registered across the UK continues to outperform 2014 levels, according to NHBC.
For the rolling quarter (February – April), registrations increased by 20% compared to the same period last year (41,307 in 2015; 34,451 in 2014). This follows the strong Q1 growth reported by NHBC earlier this month. Continue reading
The April data shows an annual price increase of 5.1 per cent which takes the average property value in England and Wales to £179,817 compared with the peak of £181,014 in November 2007. House prices are up 0.9 per cent since March.
The regional data indicates that: Continue reading
Rent rises in Scotland have started to pick up pace, according to the latest Scotland Buy-to-Let Index from Your Move, one of Scotland’s largest lettings agent networks.
Rents have increased 1.6% (£9) on last April, marking a step up in annual rent growth after a period of cooler price rises. Continue reading
House prices in the latest three months (February-April) were 2.2% higher than in the preceding three months (November 2014-January 2015) according to the latest Halifax House Price Index April 2015.
The quarterly rate of change decreased for the first time this year following three consecutive rises and compares with 2.6% last month. Continue reading
International real estate advisor Savills latest Market in Minutes states that there has been an 18% increase in mega deals, those over €100 million, year on year in Q1 2015.
Additionally, the firm has also found that portfolio transactions have increased by 23% year on year accounting for more than two thirds of the value of all mega deals and 45% of the total transaction volume. Continue reading
New house building figures released today by NHBC for Q1 2015 show that more than 40,000 new homes were registered in the UK during the first three months of the year, an increase of 18% on the same period last year.
In total, 40,281 new homes (30,691 private sector; 9,590 public sector) were registered, compared to 34,163 (24,428 private sector; 9,735 public sector) registered during Q1 last year. Continue reading