UK house price growth slows to lowest level since 2013 as uncertainty rattles market February 13, 2019 House price growth fell to its slowest pace in almost six years in December as uncertainty continues to weigh on the housing market. UK house prices rose just 2.5 per cent year-on-year, marking the slowest annual growth since July 2013, according to new figures from the Office for National Statistics (ONS) and the Land Registry. [...]
London house prices: Prime postcodes dip as Brexit uncertainty weighs on market February 12, 2019 House prices in London’s most expensive neighbourhoods tumbled in the run-up to Christmas, continuing on a downward trend in the wake of uncertainty from both buyers and sellers. According to new data from Lon Res, prime property prices in the fourth quarter of 2018 fell 5.7 per cent when compared with the same period in [...]
UK house prices fall at the start of 2019 as Brexit uncertainty weighs on market, says Halifax February 7, 2019 UK house prices experienced their steepest drop for nine months in January as eyes turn towards the possible impact of Brexit on the housing market, figures released today showed. House prices dropped 2.9 per cent in January compared to December’s 2.5 per cent rise, Halifax house price index data revealed. That is just short of April's [...]
UK house price growth falls to six-year low in weak start to 2019 January 31, 2019 UK house prices almost stopped growing altogether in January as the annual growth rate fell to almost a six-year low, figures reveal today. The 0.1 per cent growth rate was just a fifth of December’s own sluggish 0.5 per cent rate of annual growth, Nationwide’s data showed, and its worst since flat growth in February [...]
London house prices fall as UK homes grow in value January 16, 2019 London house prices fell 1.2 per cent month-on-month in November, official data revealed today. Homes in the capital also experienced the greatest annual fall as they dove 0.7 per cent year on year in November, according to HM Land Registry figures. The drop left the average London home priced at £472,901. Read more: Falling fuel [...]
House sales fell in 85 per cent of London boroughs in 2018 January 11, 2019 House sales slumped in 85 per cent of London boroughs in 2018 amid a difficult time for the UK’s property market, new data revealed today. London fared worse than the rest of the country in terms of the number of transactions, with a 6.5 per cent overall year-on-year drop compared to a 4.9 per cent fall [...]
Taylor Wimpey shares jump as housebuilder maintains expectations despite uncertainty January 9, 2019 Taylor Wimpey saw its share price rise today as it remains on track to meet its full-year expectations, despite the slowing housing market. In an eagerly-anticipated trading update the housebuilder said total house completions increased three per cent in 2018 to 14,947, while total order book value was £1.78bn, up from £1.62bn the same time last [...]
UK house prices get unexpected December boost but market remains subdued January 8, 2019 UK house prices rose 1.3 per cent in the three months to December compared to the same period last year, according to new figures from Halifax. The annual growth rate was up from the 0.3 per cent recorded in November, but house prices were 0.4 per cent lower than in the preceding three months. Read [...]
Mortgage approvals decline in November as Brexit uncertainty impacts housing market January 4, 2019 The number of mortgage approvals fell to a seven-month low in November as Brexit concerns continued to rattle the housing market. Mortgage approvals fell to 63,728 in November, down from 66,709 the previous month, according to new figures from the Bank of England (BoE) released today. Mortgage lending rose by £3.5bn in the same month, lower than the [...]
UK house prices fall in December on Brexit uncertainty as annual growth rate hits six-year low January 4, 2019 UK house prices fell by 0.7 per cent in December, as prices’ annual growth rate dropped to its lowest level in almost six years. Prices grew by just 0.5 per cent year on year, compared to 2.6 per cent growth in 2017, but fell compared to November. London recorded a 0.8 per cent decline in house [...]