Average property price in London hits half-million-pound

The properties in London are now having the average prices almost more than £500,000 in half of all postcodes, but still there are homes under half a million. Business activity is growing fastest in these more affordable parts of the capital, according to Stirling Ackroyd analysis. Average house price across London on whole was £540,200 Read More

Increased mortgage approvals

The housing market challenged the traditional seasonal slowdown in December whilst the mortgage approvals leaped a two year high, new figures show. The number of loan approvals for house purchase has hit more than 70,000 when compared with the previous six months, according to latest Bank of England data. Wherein, the number of approvals for Read More

Properties shortage strikes mortgage lending

The shortage of properties for sale has hit house purchase approvals, which fell more than 3% in December. The decrease in approvals has been seen evidently month on month wherein, there were 68,218 house purchase approvals in December, which is down by 3.1% from 70,410 in November. However approvals did climb 12.5% year on year, according Read More