Selling Property
The UK’s largest property auctioneer says its first quarter’s sales figures for 2018 are ahead of those for the same period last year.
Average house prices in the UK have increased 4.4 per cent in the year to February according to the latest official house price index from the Office for National Statistics.
Average house prices in the UK increased by 4.4% in the 12 months to February 2018, down slightly from the 4.7% recorded in the previous month, taking the average to £225,000, according to official figures.
House prices continued to increase at a relatively subdued rate during the first quarter of 2018, the Halifax House Price Index found.
Although house price rises have slowed recently a sizable proportion of British people still believe that the property market is heading for a crash within the next five years.
There were still 43.3% more new properties listed for sale in March than the corresponding month in 2017, the latest Property Supply Index by online estate agents HouseSimple.com found.
Older home owners are an active group in the property market in the UK with a 46% rise in housing exchanges in the first quarter of 2018 compared to the same period in 2017, new research shows.
The government has announced further measures which will, in its words, “professionalise” house buying and the estate agency business.
The number of house sales falling through pre-completion during the first quarter of 2018 reached its highest level for this time of year for a decade, it is claimed.
House price growth in London hit a seven year low with two fifths (42%) of postcodes across London registering year-on-year price falls, the latest Hometrack UK Cities House Price Index found.
It is possible to add almost £50,000 to the value of a home in the UK in just seven days, according to new research into what property projects are most useful for home owners.
The most expensive one bedroom flats for sale are all in London with the most expensive having an asking price of almost £5 million, almost 22 times the average price of a property in the UK, new research shows.
House prices in the North and West have surged amidst improving market conditions, according to the latest figures from Home.co.uk.
Nine in 10 Edinburgh homes are selling above the valuation provided in the home report, data from an estate agent based in the city indicates.
Newport in Wales is the fastest moving housing market in Britain as available properties up for sale have fallen by a third, according to a new research report.
A survey by consumer body Which? suggests askng prices and agents’ fees are the most significant factors considered by a vendor choosing an agent.
The average landlord who sold their rental property in 2017 did so for £86,651 more than they paid for it, having owned the home for an average of 8.7 years.
Investment consultancy London Central Portfolio has launched a new index which it claims uses “the most comprehensive data available” to assess prices of properties in three areas – UK-wide, Greater London and Prime Central London.
There has been a 19.9 per cent increase in new property listings, with some locations seeing as many as 80 per cent more homes for sale during February.
New research appears to show that Purplebricks, HouseSimple, Yopa and other prominent online agencies are most popular with vendors selling in strong markets.
London and the South East appeals most to over-50s investors
BTL landlords weary of threat posed by Brexit
Auction firm says first quarter sales show improvement on 2017
Agents warn of two-tier market as London falls but rest of UK booms
Research reveals many tenants in England don’t complain over fear of eviction