Tag: House prices

House prices to drop by ‘double digits’ in a prolonged slump

Author: Property118.com Landlord News Team

24th July 2023, 3 years ago | 6

Economists have sounded the alarm over the future of UK house prices by forecasting a significant decline of 12% by...

House sellers cut prices to find buyers

Author: Property118.com Landlord News Team

17th July 2023, 3 years ago | 0

The average asking price of new listings fell by 0.2% (-£905) in June, to £371,907 – when the market normally...

Landlords selling up boosts supply of affordable homes

Author: Property118.com Landlord News Team

30th May 2023, 3 years ago | 3

Faced with rising mortgage rates and mounting costs, a wave of landlords is opting to sell their properties, leading to...

UK’s house price growth continues to slow down

Author: Property118.com Landlord News Team

25th May 2023, 3 years ago | 1

Property prices in the UK have fallen for the fourth month in a row as values dropped by 0.9% between...

Improving house market pushes prices up to a record high

Author: Property118.com Landlord News Team

22nd May 2023, 3 years ago | 0

The UK’s property prices are rocketing again with the latest figures revealing a surge in the average price of homes...

Three months of growth end as house prices dip

Author: Property118.com Landlord News Team

9th May 2023, 3 years ago | 0

After a strong performance in March, the UK’s annual house price growth was just 0.1% in April, Halifax reports. Its...

The postcodes where homes sell for 110% of the asking price

Author: Property118.com Landlord News Team

5th May 2023, 3 years ago | 0

Research shows that 99.7% of home sellers in England and Wales managed to achieve their home’s asking price over the...

Rising rents force tenants to become first time buyers

Author: Property118.com Landlord News Team

3rd May 2023, 3 years ago | 3

While house price growth has slowed to 3%, the country’s high rents mean it is cheaper for tenants to buy,...

Property prices rocket in Scotland over the last decade

Author: Property118.com Landlord News Team

2nd May 2023, 3 years ago | 0

Scottish house prices have rocketed by 50% over the last decade, according to a leading property firm. The findings from...

House prices rise after seven months of falls

Author: Property118.com Landlord News Team

2nd May 2023, 3 years ago | 0

The UK’s house prices rose 0.5% in April – after seven consecutive months of prices falling, Nationwide reports. The lender...

Some areas see house prices plummet by £21,000 in one month

Author: Property118.com Landlord News Team

26th April 2023, 3 years ago | 0

House prices this year have plummeted by up to £21,000 in just one month in some areas of the property...

House price growth slows down – and renters look to buy

Author: Property118.com Landlord News Team

24th April 2023, 3 years ago | 0

Economic headwinds are seeing home sellers cautiously pricing their properties to sell with April’s prices increasing less than expected, Rightmove...

Slide in house prices is accelerating

Author: Property118.com Landlord News Team

20th April 2023, 3 years ago | 0

The UK’s house prices fell for the third consecutive month as prices slumped 0.3% between January and February, the Office...

Sellers under pressure after 11 months of falling demand

Author: Property118.com Landlord News Team

13th April 2023, 3 years ago | 1

Homebuyer demand has now been down for 11 consecutive months – with new properties and agreed sales also taking a...

Housing market picks up with prices rising in March

Author: Property118.com Landlord News Team

6th April 2023, 3 years ago | 1

The UK’s average house price grew by 0.8% in March, the second month running that prices have picked up after...

UK’s housing market is ‘defying expectations’

Author: Property118.com Landlord News Team

5th April 2023, 3 years ago | 0

Demand for homes in the UK is at the highest since last October as a strong labour market and falling...

House prices fall at their fastest rate in 14 years

Author: Property118.com Landlord News Team

31st March 2023, 3 years ago | 0

House prices in the UK have fallen at their fastest rate since July 2009, a major house price index reveals....

Sellers slashing house prices within a month

Author: Property118.com Landlord News Team

24th March 2023, 3 years ago | 1

As the property market begins to cool, around one in 10 home sellers are slashing their asking price within 30...

UK house prices fall between December and January

Author: Property118.com Landlord News Team

22nd March 2023, 3 years ago | 0

The average UK house price fell 1.1% between December and January, the latest Office for National Statistics (ONS) house price...

Housing market shows cautious signs of recovery

Author: Property118.com Landlord News Team

20th March 2023, 3 years ago | 0

Optimistic home sellers are not being deterred by rising mortgage rates and a property market slowdown, Rightmove reports. In its...

Unexpected bounce in UK’s February house prices

Author: Property118.com Landlord News Team

7th March 2023, 4 years ago | 1

The UK’s house prices showed an unexpected increase of 1.1% in February from January’s price, says Halifax. The bank highlights...