Selling Property
In August there were more residential transactions and less non-residential transactions than that in July, HMRC property transactions showed.
House prices in London’s commuter belt will be hardest hit in the event of a no-deal Brexit because it is home to some of the most polarised property markets in the country, property investment platform British Pearl has found.
Rightmove is reporting a mini-boom as the autumn market gets into gear, with a surge in buyers and a one-month rise in asking prices that mirrors the long-term average – and even London’s performance is improving slightly.
The residential property market in the UK is experiencing diverse regional variations but overall it is solid in many parts of the country, according to the latest surveyor survey report.
The average cost of moving home in the UK has increased by £4861 over the past year to £12,110 (from £11,624), topping £12,000 for the first time, Lloyds Bank has found.
A record breaking number of lots are being sold in the capital this week, as 152 properties go under the hammer in Auction House London’s latest sale.
Thousands of homeowners are stuck in properties they cannot afford to continue living in and cannot sell because they bought them as leasehold, NAEA Propertymark has found.
Annual house price growth increased to 3.7% in August from 3.3% in July, the Halifax House Price Index has found.
A substantially lower number of new homes were submitted for registration with the Land Registry in England and Wales in July compared with the same month in 2017, official data shows.
Property prices in the UK are falling on an annual and a monthly basis, with values down to an average of £214,745, according to the latest lender index.
Property sellers have been on the back foot over the slow summer period, according to the latest report from NAEA Propertymark.
Landlords are selling close to 4,000 buy-to-let properties a month resulting in the first recorded fall in the number of rental properties in 18 years, fresh figures show.
House prices in a quarter of the UK’s largest cities are struggling to recover to the level they were at during the height of the financial crisis, according to the property consultancy Hometrack.
The brief but troubled history of individuals and companies attempting to raffle homes as prizes has received another blow as a firm says it is obliged to refund all its ticket purchasers because of what it calls “unforeseen circumstances.”
More than half of consumers in the UK prefer to communicate with estate agents face to face, indicating that having a physical presence on the High Street is still important despite the rise in use of technology.
Dorset’s postcode district BH17 has been crowned the best location to sell a home this month, with a market heat temperature reading of 74 degrees, according to PropCast.
UK property transactions fell by 0.8% from the month before and 3.2% year-on-year in July – leading to experts labelling the market as ‘flat’ and ‘stagnant’.
Average asking prices in Britain fell by 2.3% or £7,218 this month, and are down by 0.1% compared to August last year at £301,973, the latest index shows.
Auction House recorded an impressive set of results at its July auctions, with a total of 427 lots sold. This was up more than 18% (18.2%) on the same month last year.
The City of London has been the worst performing area of the UK for property price growth since the Brexit vote – with a price drop of -21.9%.
New HMO rules to cost landlords an extra £79m
Landlords can get up to 21% more rent for a furnished property, research shows
Connells-owned online agency Hatched to close immediately
Study finds standards have improved in rented homes in Britain
More affordable homes to be built in one of London’s most expensive locations