Price growth in England and Wales up 0.1% in August

Price growth in England and Wales has increased due to the affordable property availability, wherein the London market has slowed. According to the LSL property services report, overall house prices continued to grow in August but at a slower rate month on month with prices up 0.1% compared to July, taking the average over £292,900. Read More

Annual house price growth slowdown in August

House price growth decreased from 8.4% in July to 6.9% in August, continuing a downward drift from March. According to Halifax’s house price Index, annual house price growth slows down to 6.9% in August.  The volume of mortgage approvals for house purchases have fell by 5% between June and July. Martin Ellis, Halifax housing economist, Read More

Homeowners more buoyant in housing market

Homeowners are more buoyant about entering the housing market than in 2012 despite the market uncertainty caused by the EU results, according to Lloyds Bank.  The buyers want to move along the housing ladder than they currently are. First time buyers are still more in a brighter side, on comparing year on year. Andrew Mason, Read More

UK rental sector increased by 2.4 pc in July

The rent in UK’s private rental sector has increased by 2.4% in the 12 months to July 2016, remain unchanged when compared to June 2016, according to the Office of National Statistics. From the data of the UK House Price Index, it shows residential house price growth has normally been stronger than rental price growth Read More

UK rental properties’ demand down marginally in July

The number of rental properties depending upon which the letting agents book, is in its highest level so far, as the demand for properties have fell slightly in July. But the private rental sector market is in positive shape following the EU result with the agents reporting no change to rent prices. According to the Read More