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The Land Registry February House Price Index reported a very static market with a very small increase of +0.1% since January – the average house price in England and Wales now stands at £161,588.
Categories: Property |
1 Comment »
The Council of Mortgage Lenders (CML) this week announced the gross mortgage lending figures for February and reported that lending was steady and unchanged since Feberaury.
Lending was an estimated to be £10.7 billion which is almost identical to January’s gross lending total of £10.65 billion and 14% higher than February last year.
Categories: News |
Tags: asking price, CML, Council of Mortgage Lenders, house purchase, Mortgage Lending, Purchase, Rightmove, rightmove.co.uk | 1 Comment »
Rightmove.co.uk has just released it’s March House Price Index based on seller asking prices from mid-February 2012 to mid-March 2012.
After the strong positive increase in February of 4.1% from sellers, it is unsurprising to find that March HPI is down. However the average house asking price has still increased quite strongly at 1.6%, leaving the average price at £236,939 – against £233,252 from last month
Categories: House Price Index |
1 Comment »
The RICS February 2012 UK Housing Market Survey has reported that expectations for future house prices were more optimistic during February and transaction levels continued to edge upwards.
Categories: RICS House Price Balance |
1 Comment »
The Bank of England announced today it’s decision on the interest rate and voted to leave the current historic low of 0.5% – which it has been since the introduced in March 2009.
Categories: Bank Interest Rates |
Tags: Bank of England, Halifax, Interest rates, monetary policy, mortgage, mortgages, MPC | 1 Comment »
The RICS Residential Lettings Survey for the UK is produced every quarter and it’s January 2012 report shows that rents are continuing to stay very positive.
Although the rents themselves are still rising, the rate of increase has started to moderate after peaking in mid-2011 – the net balance having eased from +21 down to +13 in January.
Categories: News |
Tags: January, Landlord, regional difference, Rental, RICS, surveyor, Surveyors, Tenants | 1 Comment »
The Halifax House Price Index for February, in contrast to the recent HPI release from Nationwide, showed a weakening in UK house growth. Average UK house price is -0.5% lower than in January – although in January the monthly move was positive by 0.6%, this just continues the mixed pattern of increases and decreases seen during 2011.
Categories: House Price Index |
Tags: February HPI 2012, Halifax, House Price Index, house prices, Housing Market, HPI, Nationwide | 2 Comments »
The Nationwide House Price Index (HPI) for February 2012 release recently shows a continuing positive move in the average house price, yet with prices changed little from the same time last year. Key figures: House prices increased by 0.6% in February; Prices are 0.9% higher than February 2011; Price of a typical home is now £162,712
Categories: House Price Index |
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The Bank of England’s Lending to Individuals figures for January shows a continual trend of steady, albeit slow, increases in lending.
In fact the lending in January was up by £1.8 billion, improving on the 6 month average of £1.1 billion – leaving a 12 month rate of 1.0%, up by 0.1% in the month.
Categories: News |
Tags: Bank of England, House, house purchase, Lending, Lending to Individuals | 1 Comment »
The Land Registry’s January House Price Index shows that the average price is 1.1% higher than in December 2011. However over the whole year it is 1.0% on the figures released in January 2011. This puts the average house price at £161,545. At the same time as releasing the January HPI figures, the Land Registry [...]
Categories: House Price Index |
Tags: house prices, HPI, January HPI 2012, Land Registry, price index | 1 Comment »
March 29, 2012 | 
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