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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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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UK Yearly House Price Growth At Slowest Rate In 5 Years

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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Countrywide Shares Fall 20% On Profit Warning

  Shares in Countrywide were down 8.3% at 81.557 pence each at Thursday midday, having hit as low as 67.70p earlier in the session. Countrywide shares have fallen nearly 90% since hitting its all-time high of 701.00p in March 2014. This comes  after a surprise statement declaring it was cutting its expected income forecast this year. In […]

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