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Price of overseas property soars because of Brexit

The uncertainty surrounding Brexit has driven up the cost of overseas property, according to Hargreaves Landsdown Currency Service. Despite house prices in Spain still being 16% lower than they were in 2010, British buyers do not particularly benefit thanks to the falling pound. The drastic decline in the price of sterling since the EU referendum […]

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One third of British sellers drop asking prices in hope of enticing buyers as number of homes on the market rises

A third of  British sellers have dropped the asking price of their homes at least once. This is the highest proportion in seven years according to the latest house price figures. The Rightmove House Price Index for July found sellers with houses on the higher end of the price spectrum were struggling to receive offers as […]

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Price of London first-time buyer homes drops as buy-to-let market collapses.

House prices in London are continuing to slump, with average asking prices down just over £11,000 year on year. Smaller homes with one or two bedrooms have seen the largest price drops since July 2017,  good news for  first time buyers; Starter-home prices have fallen 3.5 per cent (or almost £18,000) to an average £486,000, according […]

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Properties taking longer to sell in sluggish market, says RICS

According to surveyors, properties in the UK are taking longer to sell than a year ago owing to the “uninspiring” housing market. Last spring it typically took 16 weeks between a home being marketed and being sold, the Royal Institution of Chartered Surveyors (RICS) said. That has increased to around 18 weeks on average, the […]

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New Tory Housing Minister Kit Malthouse openly admitted making homeless people’s lives ‘uncomfortable’

Theresa May’s new Housing Minister boasted how he pioneered council policy to make life “more uncomfortable” for rough sleepers. Kit Malthouse was named yesterday as the eighth Tory Housing Minister in eight years – taking on Theresa May’s pledge to “fix the broken market”. He was appointed after David Davis in resigned over May’s EU […]

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New Housing Minister To Be Appointed As Dominic Raab Made Brexit Secretary

A new housing minister is set to be appointed after Dominic Raab was made Brexit Secretary earlier today . Raab was previously housing minister and replaces Davis, who resigned late on Sunday night saying he could no longer support the government’s Brexit policy announced at Chequers last week. Raab’s successor will be the eighth person to take on the […]

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UK Housing market “remains flat” in June

The latest figures have revealed that house prices in quarter 2 of this year were 1.8% higher than those recorded for the same period last year. This is according to the most recent house price index from the Halifax, with the uplift in June slightly lower than May’s growth of 1.8%. UK house prices have risen […]

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Remortgage conveyancing quotes

Remortgage and Avoid Costly SVAs

Every month, many borrowers reach the end of their fixed-rate mortgage deals. When the deal ends, the mortgage payments are set to rise. Unfortunately, in some cases, they will increase by a lot. However, there’s no need to panic as there is a way to avoid paying higher mortgage costs. Let’s review first what fixed-rate […]

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High Street estate agents in the UK struggling financially, says new study

Hundreds of estate agents have gone out of business in the UK in the last year and 7,000 are showing signs of financial distress as they face fewer sales and online competition, a new study has found. Accountancy firm Moore Stephens – suggests that  27% of agents are struggling to survive. One of the main […]

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Manchester house prices rise more than any other city

As you may have read in previous articles London house prices have remained at a plateau.  House price growth is now at a nine-year low. however, up north in our very own city of of Manchester,  there is still time to invest in its growing housing market. Hometrack have produced a New UK Cities House […]

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