House prices may be becoming a little “saner”, in the words of the Financial Times’s FastFT blog, but they’re still rising faster than average earnings – which means its getting harder to gain a foothold on the housing ladder. One of the main house price indicators published by Nationwide showed what City AM describes as a “surprise” […]
Real estate in the U.K. is reaching boiling point. “There are still opportunities in commercial real estate, but it is incredibly hot out there,” Mat Oakley, head of commercial research at Savills, said on Tuesday to a suited group of industry participants in central London. U.K. property markets are booming amid a rush of foreign […]
Nearly four out of 10 homes were sold without the need for a mortgage in the first quarter of the year – a record high, the Nationwide has said. The building society – the UK’s second biggest mortgage lender – said that 38% of properties were sold to cash buyers.It said that low interest rates […]
UK house prices accelerated with a 9.6% increase in the year to the end of March, according to official figures. A lack of homes on the market is thought to be behind the rise at a time when activity was expected to have been curtailed by the election campaign. The annual rate of increase accelerated […]
A property website say house prices might be on the march again because people are holding on until after the election. Report: Asking prices are rising because sellers are in the minority A shortage of homes and high demand for properties have combined to drive asking prices to a new record high, according to Rightmove. […]
House prices in the first quarter of 2015 were 2.6pc higher than the final three months of last year, as consumer confidence grows and interest rate rises still seem a far off reality. The Halifax’s house price index, released this morning, gave an early indication that the stagnant housing market, which slowed to a standstill […]
Young professionals and their parents fear they will rent forever 82pc of renters in London, or those who live with their parents, worry they will not be able to buy their own home. Photo: Alamy Many young workers, couples and families have given up on the dream of home ownership and are resigned to renting for […]
A third of all house sales are now made to first-time buyers, a new report has found, suggesting the UK’s housing market is becoming less hostile towards those attempting to climb the first rung on the property ladder. The report, by the National Association of Estate Agents (NAEA), said 30 per cent of all house […]
Property values around some Crossrail stations have surged since the east-west London line got the green light in 2008, with the fastest-rising jumping 82%, according to a new report. Along the length of the entire line from Maidenhead to Shenfield prices within a short walk of stations have risen only 5% more than the local […]
When members of the public and MPs have been asked about housing by pollsters, there’s been a striking consistency in their response: Britain is facing a housing crisis – and the solution is more affordable homes. But as the latest government figures show, we’re still falling far short of building the number of new homes […]
