Category Archives: House Prices

Report reveals 32% annual rise in houses sold in Scotland

Latest figures from ESPC show that sales between April and June this year increased by 32% compared to the same period last year.

The figures prove the East Central Scotland housing market has remained brisk during the second quarter of the year. Activity among sellers is also increasing with the number of homes coming onto the market up by 10% on an annual basis. Continue reading

Commute for an hour and save £380,000 on house prices

Rail commuters to London are now seeing large financial benefits by catching the train, rather than living close to their place of work, according to the latest research by Lloyds Bank.

Homebuyers can get more for their money outside central London due to the lower price of property per square metre, and the further the commute, the greater the benefit. Continue reading

Survey suggests moderation in the Scottish housing market

Scottish solicitor estate agents continue to report robust activity in the residential property market with buyer activity well ahead of the same time last year and expectations that sales and prices will continue to rise in the next 12 months.

But the latest SPC Scotland Solicitor Survey could also provide early signs that the speed of the recovery in the market may be slowing.  Continue reading

Cost of housing fuelling fears for the future

One in five Britons fear having to move out of their local area because of the high cost of housing, according to a new survey carried out by the Chartered Institute of Housing (CIH)/Ipsos MORI.

The poll questioned adults aged 16-75 online across Great Britain. Twenty per cent agree they might have to leave their local area in the future because the cost of housing is too high. Continue reading

Soap characters couldn’t afford their homes in real life

Many of the nation’s favourite soap characters would be facing homelessness if their locations and lives were real.

Sky high house prices in areas such as Greater Manchester and the Yorkshire Dales, where Coronation Street and Emmerdale are set, would be out of reach to the likes of the Websters and the Dingles, according to the National Housing Federation. Continue reading

Supply surge puts brakes on London’s property prices

The number of new property instructions in London increased 9.5% on April 2014 and 7.2% annually resulting in a steadying of prices and self-correction of the London housing market according to the haart Housing Market Monitor.

Conversely the number of new buyers coming to the London market fell, down 6.1% on the month, 2.6% annually. Continue reading

Scottish house prices rise for eighth consecutive month

Average Scottish house prices rose £6,250 or 4% during the year, 2.4% higher than rate of inflation according to the most recent LSL Scotland House Price Index.

The sale of homes rose 24% in the past 3 months compared to the same period last year, driven by first-time buyer demand. A new peak price was reached in East Renfrewshire, after 15% annual growth in the region. Continue reading