Demand for homes in the UK has increased by 3% since the first quarter of the year but in London demand is falling by 2%. According to a recent report from eMoov, excluding London the demand has grown by 8% in first quarter of the year. Russell Quirk, chief executive of eMoov says: “The changes Read More
Property prices in the UK have increased by 1.3% in June but the primary pace of growth is slowing with year on year prices down to 8.4% taking the average price to over £215,000. House prices are continuing to increase though; it is very early to make the decision as the EU referendum result has Read More
Tenants in the UK are being caught out by unexpected costs not covered by their landlord, new research shows. Some 14% are facing unexpected costs of £165.41 per person on average each year with 70% of them not agreeing with the reasons for the charges given by their landlords. A study from Endsleigh shows that Read More
The uncertainty that was caused by the pre referendum which has set off small price falls in the prime housing markets of London in the second quarter of 2016. According to the report from Savills, It has also slowed the growth in regional markets dependent on London buyers. There is a fall of 0.2% in the Read More
Rents in UK has increased by 2.5% year on year, down to some extent from the 2.6% annual rise recorded, the latest index figures show. According to a data from Office of National Statistics, the rental prices increased by 2.6% in England, 0.4 % in Scotland and remain unchanged in Wales, which means that a Read More
The value of remortgage lending in the UK has increased 48% year on year and according to a latest data, this has been the largest amount recorded since November 2008. This represents a 48% increase in April 2015’s figure of £4.3 billion. The number of remortgage loans also increased from March to over 39,000 in Read More
The supply of residential rental properties in the UK has continued to fall at the time of expectation in rise. According to a data from the Association of Residential Lettings Agents, The number of rental properties managed per lettings agents’ branch increased by 8% in April to the highest level this year but is down Read More
House prices in the three months to May were 9.2% higher year on year, according to the latest Halifax figures. Annual growth of 9.2% was unchanged recorded in April. On a Q2, average prices increased by 1.4%. According to Halifax, in May the average house price in the UK was over £213,000. Martin Ellis, housing Read More
Scottish rents increased by 1.3% to reach £549 in April which has been determined to be the fastest monthly growth on record, according to the Scotland Buy to Let Index from Your Move. Despite the quiet rent growth, the percentage of tenants paying rent late has increased from 11.6% in April to 12.5% in May. Read More
Average house prices have reduced by 0.4% between the months of April and May, according to Your Move and Reeds Rains. House prices in London have gone down by 0.3%, and 1,769 month on month. This fallout has been continuing since the change of stamp duty surcharge in April. And the market has been holding Read More
