What does this chart show? That house prices are still rising, though not as fast as they were. Average house prices in the UK rose 8.3 per cent in the year to July, slipping back from the 9.7 per cent annual figure registered in the year to June. London price growth stayed high at 12.3 […]
Latest figures show mortgage lending was up 23% compared with December 2014, with demand for property higher than expected in runup to Christmas. Mortgage lending fell in December, but was 23% higher than a year earlier, capping a busy six months in the housing market. Figures from the Council of Mortgage Lending (CML) show the […]
First-time buyers are struggling to find a house as the gap between the supply and demand for two-bedroom properties widens, a new report found. The price of a typical first-time buyer home is leaping by £1,250 every single month, putting home ownership out of reach for many. The demand for smaller homes is further compounded […]
The day after the election, the capital’s luxury flat market soared, as the global elite rushed to buy a piece of ‘real’ London life. Here, long-term residents and estate agents in one of Britain’s poorest inner-city boroughs count the cost. In the hours after the Conservatives won a majority at the general election, London estate […]
Lack of homes for sale in April drove up prices as surveyors warn that the government must encourage building of new The number of homes coming on to the market fell to its lowest level in almost six years in April, driving up prices across the UK, surveyors said on Thursday. The affordability and availability […]
Overseas investors rushed back to the London housing market on Friday, after the Conservative election victory dispelled the gloom that had hung over them for months. Several estate agents who buy and sell multimillion pound houses reported their phones had begun to ring early on Friday morning with calls from wealthy people around the world […]
