Viewing post categorized under: Property News
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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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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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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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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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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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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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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The Government have announced plans to introduce a minimum tenancy term of three years. This is a government proposal to give people renting homes in England more security. Figures show 80% of tenants currently have contracts of six or 12 months and ministers say longer agreements would allow them to put down more roots. Under […]
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Three new guides designed to help landlords and tenants who work or live in private rented housing have been published today (26/06/18). Released by the Government, the guides contain both new and updated information or letting, renting and leaseholds, and form part of the new ‘how to’ series, designed to provide both landlords and tenants […]
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UK house price growth has slowed to a five-year low, according to the latest research from Nationwide. The annual rate at which property prices are rising eased to 2% in June, the lowest level since June 2013. According to the figures from Nationwide, June saw prices dip by 0.4% compared to the previous month. In […]
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