There has been an increase in the number of homes sold in Scotland for over a million pounds, led by growth in this sector in Edinburgh, new data shows.
New online auction house BidX1 says it has raised £2,087,000 from its second UK auction, posting a 70 per cent success rate.
Over half of sales in London’s prime property market are being sold below their original asking price at an average discount of over 12%, new research shows.
The supply of properties for sale in towns and cities in the UK increased for a fifth month in a row in April, led by a 98.3% rise in Huntingdon, the latest property supply index shows.
The value of property owned by so called last-time buyers will top the £1trn mark this year, research from Legal & General and CEBR has found.
A BBC Radio 5 Live analysis of online reviews has reignited the argument about the glut of positive reviews for Purplebricks on Trustpilot.
Almost half (45%) of ‘empty nesters’ are not considering downsizing to a smaller property despite their children having moved out, the latest research from Lloyds Bank found.
It was a buyer’s market in Britain in March as a record number of homes were sold for less than the asking price, new research from estate agents shows.
New figures from Hometrack show that a typical home in Greater London now takes 17 weeks to find a buyer – if it sells at all.
Sales of homes in the UK are falling with the latest official figures showing that seasonally adjusted residential transactions decreased by 7.2% between February and March 2018.
The average number of viewings received by properties before a sale is agreed has risen from 11 in 2015 to 19 now.
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.