Yearly archives "2015"

49 Articles

Buy to let up over 42pc year on year

The buy to let market continuing its sturdy performance since November, as sales were up by 42.8% year on year, according to Equifax Touchstone research. Overall mortgage sales fell by 8.4% between October and November, but in the same time last year they dropped considerably by 16%. The average value of a buy-to-let mortgage this Read More

3 pc growth in prime London property values in 2016

Prime property values in London are expected to have 3% growth throughout 2016 but other than prime places of the capital, it is expected for much faster price rises of 5% or higher, a new forecast suggests. The market below £1.5 million is predicted o be the main driver of price growth in the coming Read More

UK cities house prices rises over 10 pc

UK cities house price rise have hit 10.1% year on year, determined by a constant shortage of homes being put up for sale, and are forecasted to rise by around 7% in the upcoming year, with the transactions 5% lower than last year, according to Hometrack research. London has the fastest growth rate of 13.3% Read More

Sturdy December growth points in 2015

The housing market is all set towards a strongest month since 2006 December and which leads to the prediction of optimistic year coming ahead, according to Rightmove. The 2015 annual price growth for properties coming to market has rose from 6.2% to 7.4% due to the dip in asking prices since 2006. Rightmove also predicted Read More

8pc Rise in house purchase

The mortgage market is now onto a strong finish to 2015 after a tough 8% rise in house purchase lending in October to £13.3 billion. First time buyer borrowing has hiked 10% over the month to £4.6 billion, according to the Council of Mortgage Lenders. Mark Harris, chief executive of mortgage broker SPF Private Clients, Read More

Slowing down UK rents

UK rental market has got hit by the slowing down in rents with UK rents dipping by 0.4% £1,290 which is due to the coming up festive season. London rental market is very sensitive to the changes in demands from tenants and the seasonal slowdown as most of the tenants prefers summer. However, rent kept Read More

Hiking Purchase approvals

The overall house purchase approvals rose up to 70,511 in November which is up by 1.3% from 69,630 in last month, shows a research from e.surv. Regardless of the rise, small deposit borrowers are falling on contrary with overall house purchase lending, with 16.3% of approvals granted. Richard Sexton, director of e.surv chartered surveyors, says:”Mortgages Read More

First time buyers rising up activity

First time buyer activity has rose up by 31% in November 2015 which is higher on comparing to last year. This rise is 2 pc above annual increase on overall housing market activity, according to new research from Connells Survey & Valuation. First time buyer activity has rose by 2% on a month-on-month basis. John Read More

House prices hits new record

Annual house prices in England and Wales has increased and has hit a new record high of £290,640. This is a 6% increase on November last year, according to Reeds Rains and Your Move estate agents. But the growth seem to get slower which has fallen to 0.6% in November, slower than the rise in October. Read More