UK house prices increased by 9.1% in the year to February 2014, up from 6.8% in the year to January 2014 according to latest statistics from the Office for National Statistics (ONS).
House price annual inflation grew by 9.7% in England, 5.3% in Wales, 2.4% in Scotland and 2.8% in Northern Ireland. House price growth is increasing strongly across most parts of the UK, with prices in London again showing the highest growth. Continue reading
Brighton is the least affordable town in the UK for first time buyers, whereas Belfast & Hull are amongst the most affordable, according to new analysis by job and property search engine Adzuna.co.uk.
The research shows that almost 80% of homes in Belfast are within financial reach for first-time buyers on average local incomes. Oxford, Chelmsford, Cambridge and London all ranked amongst the most unaffordable places to get a foot on the property ladder, as wages stagnate and property prices soar across Britain. Continue reading
An increase in the first three months of 2014, across Edinburgh, the Lothians and Fife means that property sales in the area were at their highest level for the first quarter since 2008.
Figures released by ESPC show that demand in the property market in East Central Scotland continued to heat up during the January to March 2014. Continue reading
House prices fell by -1.1% in March according to Halifax.
This was only the third monthly decline in the past fifteen months; this is in contrast to the previous fifteen months when there were eight monthly price falls. Continue reading
A lack of supply of prime properties in Scotland is boosting competition between buyers, and has contributed to a 1.1% rise in prime house prices during the first quarter of 2014.
On an annual basis in the year to March 2014, prices rose by 2.8%. This is the largest annual gain in prices in six years according to Knight Frank. Continue reading
Households can expect an 18% premium if their property is situated within a National Park says a special report from Nationwide.
Even those living within 5km of a National Park can look forward to an 8% premium for their home. Continue reading
UK house prices increased by 0.4% in March and were 9.5% higher than March 2013 according to the latest Nationwide House Price Index.
House prices are now around 3% below their 2007 peak. Continue reading
Residents of Uttlesford in Essex enjoy the best quality of life of any rural area in Great Britain, according to the 2014 Halifax Rural Areas Quality of Life Survey.
With last year’s winner Waverley dropping back to third in 2014, Uttlesford tops the annual survey with South Northamptonshire taking second spot. Continue reading
UK house prices increased by 6.8% in January 2014 compared with a year earlier, up from 5.5% in December 2013 according to the latest ONS figures.
House prices grew by 7.1% in England, 6.9% in Wales, 1.4% in Scotland and 2.7% in Northern Ireland. Continue reading
First time buyers in London, undeterred by property prices rises have reached a new annual high with registrations up 55.3% annually according to new research from haart.
Latest mortgage data shows first time buyers now make up 46.4% of all mortgages written helping to buoy the national property market with a 21.3% increase in property sales. Continue reading