Last week we revealed the most expensive street in Britain as being Chester Square in London, where the average property is worth £6,596,000. It is the second consecutive year that Chester Square has been in the number one spot and the most recently sold property in the area went for £7 million. So what is the ...
Archive for the 'Houses' Category
Property Price Extremes
Pre-election house prices up – Rightmove
Rightmove the largest UK property web site reports that house prices continue to rise. With the election approaching this has not dappened the market in any way. Asking prices in April increased by 2.6 per cent on the average property, thats almost £6000 compared with March. Prices are running 6 per cent higher than in ...
High-end property ahead, Low-end behind
Estate agents claim Lower-end is faring a lot worse than high-end property High-end property is doing better than the lower-end, according to many estate agents. 6 months back yourrightmove.co.uk reported that this would be among the predictions for 2010 property changes. So why is this change occuring? Supply demand is the main cause. With many looking for ...
Live bidding – future of UK property auctions
Live online bidding maybe the future of property auctions in the UK We found an interesting property question from Zoopla regarding online property auctions in the UK housing market. The property article was found on the Zoopla blog today regarding bidding on property. The question was asked, "Why property auctions are shifting online and away from the standard ...
Property ladder for a first-time buyer
Discover how to get on the property ladder as a first-time buyer Without first-time buyers, there is barely any market movement. First-time buyers are essential to the property market and yet in a recovering recession, how could anyone make the decision to the biggest financial commitments you can ever make. Good advice and informative tips are always ...
Repossessions high – UK Housing Market
Repossessions at highest level since 1996 in UK Housing Market The Council of Mortgage Lenders say there were 46,000 repossessions in 2009. From a positive angle they predicted 48,000. In 2008, 40,000 homes were repossessed. The report continues with the figure on mortgage arrears. 188,300 mortgages ended the year in arrears, below the 195,000 the CML ...
UK house prices rising fast
UK House prices rising at the fastest level since April 2007 Property asking prices jumped 3.2% over the past month, and London prices hit a new record, according to the Rightmove.co.uk web site. Rightmove showed UK house prices rising at the fastest level since April 2007, in the four weeks to mid-February. Sellers appear to be responding to ...
Property – Stable in 2011 peak 2014
Stable in 2011 peak 2014 If you paid top value in 2007, it will only be around 2013 that house prices in England will climb close to the same value, and rising above during 2014. Oxford Economics recently prepared a report for the National Housing Federation. It is suggested that house prices will fall throughout 2010, with ...
How to value your own home
Stamp Duty Exemption Set to Continue
Stamp Duty Exemption Set to Continue Pressure is building on the Government to continue with the current exemption of Stamp Duty for properties under £175,000. Along with Backbenchers, National Association of Estate Agents, and the Association of Residential Letting Agents are calling for the extension of the Stamp Duty exemption, for another year. The housing market is on ...
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