January 10, 2012 |
Author
admin
With the overall economy having a rough and uncertain year in 2011, it is no surprise that the housing market would also suffer. However in comparison it has faired pretty well ending the year up by 1% over the course of 2011. Although not a massive positive move, it does demonstrate that the housing market [...]
Categories: House Price Index, Property |
Tags: December HPI 2011, House Price Hindex, house prices, Housing Market, HPI, Nationwide, uk house prices | 
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November 8, 2011 |
Author
admin
The Halifax average house price for October stands at £163,311 – leaving the House Price Index (HPI) up 1.2% against September. However the less volatile quarterly percentage change is down -0.3% and annual change (3 months to October compared to the same period last year) down -1.8%. These figures continue the very mixed pattern to [...]
Categories: House Price Index |
Tags: Halifax, House Price Index, house sales, Housing Market, HPI, October HPI 2011, price index | 1 Comment »
September 26, 2011 |
Author
admin
It is the time of year again when a new batch of students are ready to start their new lives at their chosen universities. You may be going to university yourself or have children that are about to leave home, but did you know that the average student will take with them possessions worth on average £2,652?
Categories: Property |
Tags: Insurance, Rent | No Comments »
August 18, 2011 |
Author
admin
Gross mortgage lending in July was an estimated £12.6 billion, according to new data from the Council of Mortgage Lenders. This is marginally lower (1%) than June’s gross lending figure of £12.68 billion and a 6% fall from £13.3 billion in July 2010. In today’s market commentary, CML chief economist Bob Pannell observes: “UK economic prospects [...]
Categories: News |
Tags: CML, Council of Mortgage Lenders, house purchase, Housing Market, Mortgage Lending | No Comments »
August 15, 2011 |
Author
admin
The average selling price for a house now stands at £231,543 with quite a large fall of -2.2% is asking prices since July’s HPI figures.
Also Rightmove believe any impact from the recent financial jitters to be very limited as they see the market “bumping along the bottom” already.
Categories: House Price Index |
Tags: asking price, Asking Prices, August HPI 2011, House Price Index, HPI, Miles Shipside, Property, property market, Rightmove, UK Housing Market | No Comments »
August 10, 2011 |
Author
admin
Top headlines from the survey are:
House prices continue to decline
Price expectations negative albeit less so than previous month
London steams ahead with rising prices
Categories: RICS House Price Balance |
Tags: house prices, Housing Market, Housing Market Survey, Price Fall, Price Rise, RICS, Surveyors, UK Housing Market | 1 Comment »
August 10, 2011 |
Author
admin
The Monthly increase was 0.3%, taking the average UK House Price to £163,981. Over the three months to July, often seen as a more realistic figure, the increase was slightly higher at 0.5%.
Categories: House Price Index |
Tags: 2010, Halifax, House Price Index, HPI, July HPI 2011, Mortgage Approvals | No Comments »
August 5, 2011 |
Author
admin
The Bank of England (BoE) again today decided to keep UK interest rates at their record low of 0.5%.
The Monetary Policy Committe has kept rates at this low level continuously since March 2009, and it was widely expected that it would do so again this month.
Categories: Bank Interest Rates |
Tags: Bank of England, BoE, Interest rates, Property, Purchase | 1 Comment »
May 19, 2011 |
Author
admin
The Council of Mortgage Lenders (CML) quarterly report on mortgage lending shows that buy-to-let lending was down around 3.5% in the 1st qaurter of 2011, echoing the overal lending fall of 11% in the wider market.
Categories: News |
Tags: BTL, Buy To Let, buy to let lending, CML, Council of Mortgage Lenders, lenders, mortgage, Mortgage Lending, Rent, Rental | No Comments »
May 6, 2011 |
Author
admin
The Bank of England (BoE) yesterday announced it would keep interest rates at the record low of 0.5% and maintin the asset purchase scheme. The Monetary Policy Committee has been split for a while with wide speculation that interest rates could soon rise. With UK inflation higher than the agreed target a key mechanism to [...]
Categories: Bank Interest Rates |
Tags: Bank of England, BoE, European Central Bank, Interest rates, monetary policy committee, MPC | No Comments »
