Every Lidl helps when it comes to boosting local house prices September 21, 2014 Living close to a discount store such as Lidl can increase the price of your property by almost £30,000, according to research released today. Research by online estate agents Housesimple.co.uk looked at the location of Lidl supermarkets in some of the major towns and cities across the UK and found that, in 80 per cent [...]
UK house prices hit record highs and are now 11.4 per cent above the pre-crisis peak September 16, 2014 The average house in the UK cost £284,000 in July – an increase of 11.7 per cent over last year. This takes the index score (February 2002 = 100) to 206 – a new record and 11.4 per cent above the January 2008 pre-crisis peak. The latest statistics from the ONS have shown that house [...]
London house prices: Average asking price in the capital reaches £558,000 September 15, 2014 The latest figures from Rightmove show London's average asking price grew by 13 per cent over the last year, the biggest rise anywhere in the country. Look at the breakdown for the rest of the UK here ONS data sees house prices reach record high It didn't top Rightmove's tables over the last month, but [...]
Scottish independence: Uncertainty over the referendum could dampen UK house price growth September 15, 2014 House prices across England and Wales were up 7.9 per cent over the last 12 months, according to data from Rightmove. The company, which surveys a sample accounting for 90 per cent of estate agents, does not seasonally adjust its figures and so one-off monthly trends are difficult to analyse. Nevertheless, the 0.9 per cent [...]
London property market: Why a mansion tax could be disastrous for government coffers September 10, 2014 The threat of a mansion tax still looms large over the prime London housing market – despite the fact it could end up cutting the amount of tax paid to the government, according to research from property consultancy Savills. A mansion tax has been suggested by both the Liberal Democrats and Labour, and has proven [...]
House prices show market finally cooling September 8, 2014 HOUSE prices rose by just 0.1 per cent in August, according to the Halifax index, showing that the UK’s fast-moving property market is finally slowing down. The small increase took the average price to £186,270, with prices in the three months to August three per cent higher than the previous quarter and 9.7 per cent [...]
Is the UK property market finally cooling? House price growth slows to 3pc September 8, 2014 House prices grew just three per cent in the three months to August, down from 3.5 per cent in July, figures published this morning showed – another sign of cooling market conditions. The figures, by Halifax, showed prices rose 9.7 per cent in the year to August, down from July's 10.2 per cent, and just [...]
More sign of London house price woes? Foxtons share price falls as BC Partners halves stake September 5, 2014 Foxtons may have been the darling of the London property boom, but as house price growth in the capital has fallen, so have the estate agent's shares. BC Partners, the investor that had its fingers badly burned when it bought Foxtons off founder Jon Hunt at the top of the housing market in 2007 before [...]
UK house prices rise 0.8 per cent in August August 29, 2014 House prices in the UK went up by 0.8 per cent in August, according to Nationwide's house price index. The result marks the 16th consecutive month of increases, and is a significant jump from the 0.2 per cent rise reported in July. It is also much higher than economists' expectations of a 0.2 per [...]
London’s house price surge hits the buffers as demand declines August 28, 2014 The housing market resurgence that started last year appears to be slowing down after rapid price hikes, with the higher valuations increasingly putting off potential buyers, especially in London. A set of data released this morning by Hometrack shows just a 0.1 per cent month-on-month increase in August across the country. London prices were completely [...]