The total value of all homes across the UK has dipped for the first time since 2012. According to figures by Savills, the total value of UK homes now stands at £8.678 trillion. The analysis of the UK’s housing stock reveals that the total value has fallen marginally on 2022 – when values peaked – but remains […]
Brexit has cast uncertainty over the housing market in 2019 (via Getty Images) Political uncertainty held back London house prices in November, a new survey has shown, with gauges of demand and sales stuck in negative territory. Property company owners are hoping that today’s General Election will provide a clearer political and economic picture that […]
ondon property prices fell 1.7% in the year up until October 2018. Photograph: Bloomberg via Getty Images London house prices slipped in October, dragging the growth in average property prices to its lowest level since July 2013. The slump in the capital, which began after the Brexit vote in 2016 and reached a fall of 1.7% […]
UK property speculators who buy and sell homes in quick succession have shifted their focus north as the housing market in London and the south-east begins to slump. Some 11 of the top 15 destinations for “flipping” homes — buying and selling within 12 months — were in the north of England last year. None […]
Analysis shows capital ‘unaffordable’ for all but most ‘equity-rich’ home buyers The number of homes changing hands in London has dropped by one-fifth in four years, while homebuying activity in the Midlands and the north of England has picked up the pace, underlining problems of affordability in the capital and changing patterns of regional housing […]
Rising house prices and increasing consumer confidence had driven mortgage lending to a seven-year high, causing a new dilemma for policymakers. Banks handed out more money through loans and overdrafts in October than they had in almost a decade, The Times reports. The governor of the Bank of England Mark Carney recently sounded a warning […]
British house prices grew in July at their slowest annual pace since the end of last year but the market is being supported by rising wages and a lack of homes to buy, mortgage lender Halifax said on Thursday. Halifax said the year-on-year rate of growth in the three months to July slowed to 7.9 […]
House prices in the UK edged up by 0.4% in July, rising to a new high of £195,621, figures from Nationwide show. The society also estimated that homebuyers paid a combined £275m less in tax in the first six months of the year as a result of changes to stamp duty in December. After a […]
London, United Kingdom – Rocketing housing costs in Britain’s capital have fuelled a surge in Londoners seeking cheaper accommodation on boats, with increased numbers putting pressure on the city’s historic network of rivers and canals. The picturesque lifestyle of sleeping in a colourfully painted narrowboat or barge can seem tempting, especially when buying one can […]
House prices in the UK unexpectedly surged in June with a shortage of homes on the market driving the pace of increases to the fastest level in nine months. The Royal Institute of Chartered Surveyors reported that the average stock of houses per surveyor had fallen to the lowest level since it started collecting this […]
