London Prime Property rents have fell by 1.3 pc

Rents in the prime property markets of the capital fell by 1.3% in the third quarter of this year, leaving annual growth down 0.3%. Smaller properties continue to surpass larger ones across all locations in the commuter zone. According to the data from real estate firm Savills, properties with three or more bedrooms have seen Read More

Property prices in UK increases with average price over £214,000 in September

Residential property prices in the UK have increased by 0.1% in September, taking the average price of a home to over £214,000. According to the Halifax data, However there was a slight quarter on quarter fall of 0.1% although prices are still up 5.8% compared to a year ago, down from 6.9% in August. Martin Read More

Remortgaging in UK rises up with 8% month on month

Remortgaging in UK has gone to a new level as, home owners are remortgaging more frequently year on year, being the highest remortgage transactions in August since July 2009. According to the property services firm LMS’ data, rising house prices and record low interest rates helped the number of remortgage loans to reach over 36,150, Read More

House price sentiment in UK leaps back

House price sentiment in the UK has jumped back with households across the country believing that prices increased in August. According to the House price sentiment report from Knight Frank and HIS Markit, London households professed the biggest price growth in September, followed by the South East and East of England. The fore look also Read More

Mortgage lending in UK rises 15% year on year

Lending for homes in the UK reached £22.5 billion in August, up 7% on the previous month and 15% year on year. According to the CML data, It is also the highest August figure since 2007 when gross lending reached over £33 billion. Andrew McPhillips, chief economist at the Yorkshire Building Society, says: “The housing Read More