Selling Property
Asking prices have risen by an average of 1.1 per cent or £3,432 in the past month according to Rightmove.
Estate agency James Pendleton says the sales of flats across London have collapsed 47 per cent in only a year – and it claims that at least part of the reason is over-valuation.
Buyers of a hugely expensive property in London will have to pay for it in Bitcoin.
Rightmove this morning reported further evidence of a slowdown, with sales agreed falling across most of the country.
With worst in London and south-east
The HomeOwners’ Alliance says vendors must put their homes on the market no later than Tuesday if they are serious about selling by Christmas.
The residential mortgage market continues to lack momentum nationally, the RICS Residential Survey suggests.
New research carried out by NAEA Propertymark has revealed the top things that will devalue a property.
House prices in the UK increased by 1.4% in the third quarter of 2017, suggesting the official beginning of the Brexit process has not had much of an impact on the property market.
An upbeat survey by online website HouseSimple claims there has been a 20 per cent increase in the number of homes coming to the market in the past month – and a 44 per cent rise in London.
Tax relief changes coupled with rent controls could trigger the next property crash.
More than one in four house sales across England and Wales fell through before completion in the third quarter of 2017 according to a company that monitors the market.
UK house price inflation is now running at a modest 2.0 per cent but London’s housing market has recorded its worst annual performance for 12 years according to the Nationwide.
UBS says London’s housing market still faces the risk of becoming a bubble – although that risk has marginally eased over the past year.
As calls for the UK Chancellor to scrap stamp duty in his upcoming Budget gather pace, others are calling for the property tax to be switched from the buyer to the seller.
Consumer organisation the HomeOwners Alliance has produced a new chart revealing how individual online agents compare with each other in terms of achieving asking price.
Against a backdrop of weak post-summer auction results elsewhere in the UK, Allsop raised £71.3m and topped its residential September sales records that had remained unchallenged since 2008.
Confidence in the future of the housing market is wavering with more than half of British believing that there will be a crash within the next five years, a new survey shows.
Asking prices of properties coming on to the market have fallen by 1.2% – meaning that the usual autumn price bounce has failed to materialise.
This year has seen record numbers of landlords selling their BTL properties, in response to regulatory changes and the economic uncertainty, post Brexit.
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Asking prices show biggest October rise since 2014 says Rightmove
Sales of flats in London have collapsed 47% in one year