London property market drags down UK house prices June 19, 2019 UK house prices were dragged down by subdued demand in London last month, as buyer caution continued to linger in the capital during April. London witnessed the lowest annual growth out of any region, with prices falling by 1.2 per cent over the year to April 2019, up from a fall of 2.5 per cent [...]
UK house prices near record high for new homes on market June 17, 2019 UK house prices for newly-marketed properties neared a record high this month, spurred on by a cluster of UK regions shrugging off recent political uncertainty. Read more: UK house prices grow at fastest rate for two years Four northern regions witnessed their highest ever asking prices in June, pushing property prices nationally up 0.3 per [...]
UK house price growth slows in May amid Brexit uncertainty May 31, 2019 Annual growth of UK house prices remained below one per cent for the sixth consecutive month in May, as political uncertainty continued to weigh on the property market. Prices fell 0.2 per cent month-on month, while annual house price growth slowed to 0.6 per cent, falling from 0.9 per cent in April and below the [...]
London house prices suffer UK’s steepest annual fall ahead of original Brexit deadline May 22, 2019 House prices in London plunged 1.9 per cent in the year to March, the largest annual fall in the country, ahead of the UK’s original Brexit date. UK-wide house prices jumped 1.4 per cent over the twelve months, but in London the average property price fell almost two per cent to £463,000, according to HM [...]
Property transactions dip in April as political uncertainty weighs on buyers May 21, 2019 Property transactions slipped slightly in April as political uncertainty hampered a traditional spring surge. Read more: How London house prices in every borough have performed in 2019 Residential property transactions fell 0.3 per cent month-on-month in April, but were up 0.8 per cent on last year, according to the latest figures from HMRC. The dip [...]
London house prices: How Brexit uncertainty has hit house prices in every borough May 20, 2019 London is “acting as a drag” on the rest of the UK housing market, with prices across the capital falling in the last year, according to new figures from property giant Rightmove. Read more: UK house prices suffer fifth month of Brexit-hit growth While some regions in the UK such as the midlands and the [...]
London house price growth falters despite annual spring surge May 20, 2019 House prices in London remain down year-on-year despite the annual spring surge, driven by a slump in inner city sales, according to property website Rightmove. Greater London recorded a monthly rise of 1.2 per cent, equivalent to £7,339, pushed largely by outer London properties that rose 1.9 per cent. Inner London prices, meanwhile, registered a [...]
UK remortgaging rate jumps as owners cash in on low interest rates May 16, 2019 The number of people remortgaging their homes with additional borrowing spiked in March, according to data released today, as people took advantage of favourable interest rates. Read more: Experts warn of 'bumpy ride' for UK house prices Meanwhile the number of new loans to both movers and first time buyers fell in March year-on-year, figures from [...]
Purplebricks beaten black and blue as shares sink again after CEO departure May 8, 2019 Purplebricks’ shares plummeted almost 11 per cent today in the wake of its chief executive’s resignation and admission it has expanded too quickly. Read more: Purplebricks shares drop after founder steps down The online estate agent’s share price dropped 11.9 per cent yesterday to 119p as the news broke that Michael Bruce was stepping down [...]
UK house prices: Experts warn of ‘volatile’ UK housing market after sharp April growth May 8, 2019 Experts today warned that volatility is affecting the UK housing market as Halifax recorded a sharp annual jump in house prices in April. Read more: UK house prices suffer fifth month of Brexit-hit growth UK homes are now worth an average £236,619 following the stark five per cent rise for the three months to April, [...]