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Confidence in housing market is falling, say estate agents
08/05
House price confidence is dropping away as prices fall and buyers melt away, according to estate agents.
One in five estate agents reported drops in April as hopes for future price rises hit the lowest level this year, and some expect property values to keep falling says the latest housing market survey by the Royal Institution of Chartered Surveyors. read on
London’s cheapest home is a £41,000 boat
04/05
A garage hitting the market with a staggering £525,000 asking price in upmarket Knightsbridge, West London, has prompted a look for the cheapest homes for sale in the capital.
For homeseekers looking to buy outright, the cheapest home for sale in London is a one bed renovated houseboat in the Paddington Basin is on the market for £41,000, according to online property portal Rightmove. read on
£7,500 chapel was cheapest property sold in March
01/05
The cheapest property in England and Wales sold for just £7,500 in March.
The stone-built Methodist Chapel in Felindre, Knighton, Powys, is a derelict building in the main street of the small Welsh village. read on
Luxury home sales hit new high as rest of market falters
26/04
Sales of homes worth £2 million or more are rising – and most are in just four upmarket neighbourhoods of London.
Just over half of all multimillion pound home sales last year were in swish Kensington, Chelsea, Westminster or Camden, while 76% (1,161) of £2 million plus sales were in London. read on
Official UK house price data published for first time
17/04
The first issue of UK house price data from the Office of National Statistics signals the start of a shift towards an official national house price index.
The average house price in the UK for February was £224,473 – down on January’s average of £228,064 but up from £211,960 a year earlier. read on
Where are the UK’s property hotspots – and not-spots?
05/04
As property sales fall to their lowest level in three years and threaten to keep on dropping, here’s some research that identifies the remaining property hotspots.
Lloyds Bank tracks property sales in 500 towns and cities across England and Wales – and has revealed that last year, 300 registered a fall in the number of home sales. read on
House prices down 1% and may drop further, warns lender
29/03
Homeowners face more misery as house prices dropped back for the first time in six months as the stamp duty holiday for first time buyers ends.
The fall signals the start of an expected slow decline in house prices as first time buyers race to complete a purchase rather than holding off until later in the year. read on
Free data lifts house price curtain for nosy neighbours
23/03
Property investors and nosy neighbours can drill down in to the Land Registry’s house sales data for free under new Government open access rules for public information.
The most expensive property sold in England and Wales was Dorchester Mansions, Ascot, Berkshire, with a price of £135 million – while the cheapest was Chapel House, High Common, Thetford, Norfolk, with a price tag of just £6,000. read on
Just two towns defy property price slump
17/02
House prices in just two towns as high now than at the peak of the housing bubble in 2007, according to a study by the Halifax.
Home owners in Rochford, Essex have seen their homes increase in value by just 1% in four years.
The price of an average home in Rochford is now £231,595, compared with £229,666 in 2007. read on
Business Booms for Letting Agents as Buy to Let Thrives
14/02
The thriving buy to let market is driving a letting agent boom as firms respond to increasing demand from tenants eager to rent a home.
Two key nationwide firms are pouring millions in to expansion plans.
Countrywide has earmarked £5 million on growing lettings and has acquired a number of smaller specialist buy to let firms. read on
