London house prices up 25.8 per cent in a year: How do other UK regions compare? July 31, 2014 Yet another report, this time from Nationwide, has shown that London house prices have soared in the last twelve months. Growth is slowing, however, and the latest figures show that the average house price in the UK rose by just 0.1 per cent, below expectations of a 0.5 per cent increase and lower than the [...]
In graphs: Mortgage approvals rise in June even as London house prices drop July 29, 2014 The discussion around the UK property market was given an added element of confusion today as mortgage lending statistics for June beat expectations. In its Money and Credit report, the Bank of England shows that the number of mortgages approved for house purchases was up to 67,196 in June, above the 62,007 seen in May [...]
In graphs: London house prices no longer the fastest growing in the UK July 28, 2014 The Land Registry has released new data on house prices in England and Wales and the figures show the market is cooling. The average across England and Wales shows that prices are stagnant – showing no change at all. The average selling price for a house in England and Wales during June was £172,011: a zero per [...]
London house prices: Growth slumps July 25, 2014 The boom might be ending: London House Prices have stagnated in July, recording their first almost growth-free month since December 2012. According to data from Hometrack – which is a survey rather than indexed data – prices in the capital were unchanged at zero per cent for July, down from 0.5 per cent in June and 0.6 per cent [...]
London house prices up £43,115 in six months as market soars July 22, 2014 The price of an average house in London has risen by £43,115 in the first six months of this year alone, according to astonishing figures from Zoopla, more than the annual salary of an average electrical engineer. By the property website’s reckoning, average property prices in London have risen 8.2 per cent between January and [...]
London house prices swell by a fifth in a year July 16, 2014 House prices jumped by more than a 10th across the UK in the year to May, and more than one fifth in the capital’s frothy housing market, with little suggestion that new regulations had slowed price growth. The Office for National Statistics (ONS) revealed yesterday that house prices in London had risen by 20.1 per [...]
London house price rises reach 20.1pc, with UK prices up 10.5pc July 15, 2014 House prices rose 10.5 per cent year-on-year for the 12 months to May 2014, outstripping the 9.9 per cent rise registered for the same period last year and higher than the 10.2 per cent expected by forecasters. Rises were largest in London where prices increased by 20.1 per cent, higher even than April's 18.7 per [...]
Average London house price to hit £500k next year July 8, 2014 The average house in London is likely to cost about £500,000 in just a year’s time, according to a forecast by professional services group PwC. PwC’s latest economic forecasts, to be released today, show that the average property price in the capital is expected to reach £565,000 by the end of this decade, with its [...]
Rise in London house prices leads to increased affairs, says report July 2, 2014 Research has suggested that more couples than ever are being forced to continue living together even after they have split up, leading to an increase in affairs. A survey by the UK's largest and longest running dating site for married people, IllicitEncounters.com, has shown that over 42,000 married couples living in London have been put [...]
Average London house price is now 30pc higher than 2007 peak July 2, 2014 London's house prices are 30 per cent above their pre-crisis peak, according to new data from Nationwide, which also puts the average house price in the capital at around £400,000. According to Nationwide's House Price Index for June, London house prices have risen over 25 per cent in the last 12 months, as prices nationwide have [...]