Purplebricks says it has seen year-on-year revenue growth of about 20 per cent despite what its chairman calls “a challenging UK housing market … driving a shakeout in the industry.”
New data from Barclays Mortgages suggests Britons are now likely to stay in their homes for almost 19 years between house moves – a far cry from the seven years which was the average before the global financial crisis.
Property prices in the UK increased by 1.5% in the 12 months to October 2018, down from the 2.5% annual growth recorded in September, the latest lender index shows.
New property listings fell by 5.5% across the UK in October, and by 6.8% in London, according to the latest housing supply index.
Following a pick-up in toward the end of 2017, housing market activity in central London flattened out in 2018 with tax and Brexit having an impact, according to a new analysis.
UK house prices are set to rise broadly in line with incomes over the next five years, but the traditional North/South divide will turn on its head, according to new outlook forecasts.
As scary Halloweens go, yesterday was quite a shocker for Britain’s online estate agency sector – and not in a good way.
Zoopla says 38 per cent of properties on sale have had their asking prices slashed.
Purplebricks’ share price dipped below the psychologically-important 200p level yesterday as the hybrid agency’s longer-term slide continues.
Traditional estate agent fees average just 1.1 per cent across the UK according to research from an agency comparison website – but some firms charge even less.
The supply of available properties for sale in Britain increased by 15% in September while demand from buyers also rose, according to estate agents.
Annual rate of increase drops to 0.9 per cent, the lowest annual rate since February 2012
Annual house price growth slowed to a six and a half year low of 0.9% in September, LSL Property Services’ House Price Index has found.
The number of house sales falling through in the UK before completion is on the rise, up 5.2% quarter on quarter, according to new figures.
Bricks and mortar account for only 59% of a property’s market value in the UK with factors such as local amenities, schools and public transport accounting for over two fifths, a new study has found.
Asking prices in England and Wales nudged up by 0.2% month on month in October, buoyed by strong growth in the West Midlands and Yorkshire, but they continued to fall in Greater London.
The latest market snapshot from the Royal Institution of Chartered Surveyors suggests the number of properties on estate agents’ books is now nearing record lows – with worse to come over the next 12 months.
Almost 100,000 sales if property and land were received for registration by the Land Registry in England and Wales in August, the latest official figures show.
Sales volumes in the prime central London housing fell by 9% in the 12 months to August compared to the previous 12 months, the latest index data shows.
First anniversary since the government triggered its Call for Evidence, a request for views and ideas on how the home buying process can be improved in England and Wales.