2005 Archive

The future of UK house prices

After soaring house prices since the start of the Millennium, 2005 saw the property market stall - MyFinances asks some of the sharpest minds in the industry: "What next for UK house prices?"

Nationwide: House prices grew 3% in 2005

Nationwide has found that house prices increased by 3% in 2005

Nationwide has found that house prices increased by just three per cent over the course of 2005, the lowest annual rise for ten years.

Mortgage lending up 50%

Mortgage lending was significantly up on last year in November

There were 51 per cent more mortgages lent for house purchase last month than in the same month last year.

Hometrack sees first rise in house prices

Hometrack has recorded the first month on month increase in house prices for a year and a half

Property analysts Hometrack have recorded the first monthly rise in house prices for 18 months, it emerged today.

Top UK property hotspots revealed

House prices are rising fast in Scotland [photo:Pixmedia]

Alexandria and Coatbridge in Scotland are top of the UK house price league table for 2005.

Rents up for northern property investors

Rental yields are rising faster in the north of the UK

Property investors in the north of the country are seeing property values, rental income, and rental yields rise faster than their southern counterparts.

Property investors turn up heat on Dubai

Dubai is one of the top locations for property investors

Dubai is becoming increasingly popular with British property investors looking for some sun.

Halifax: House prices to rise 3%

HBoS predicts house prices will rise 3% in 2006

Halifax Bank of Scotland (HBoS) has predicted that house prices will rise just three per cent next year.

Mortgage lending strengthens

Mortgage lending was stronger in November, new figures reveal, further strengthening the property market.

Rics: House prices rise again

House prices are on the rise, Rics reports [photo:Pixmedia]

For the first time in 15 months house prices are rising, the Royal Institution of Chartered Surveyors (Rics) reveals today.

Top overseas property hotspots revealed

Investors have been advised to avoid Spanish property in 2006

Cyprus, Bulgaria, France and Greece are set to be the best places for buying overseas property in 2006, a new report predicts.

TV shows add £51bn to house prices

Home improvements have added £51bn to house prices

Britons have increased the value of their homes by £51 billion, after making improvements inspired by television programs.

Double your money by repaying your mortgage

Mortgage overpayments can save thousands

Overpaying on your mortgage can lead to homeowners saving twice as much as they pay.

North-south property divide closing

The gap between property prices in the north and south is narrowing

The gap between the affordability of property in the north and south of the UK is closing, new figures reveal.

What do tracker mortgages track?

Most Britons do not know what tracker mortgages track

Most Britons do not know that the interest rates charged on a tracker rate mortgage are linked to the Bank of England's base rate.

Cheap mortgages can pay for Christmas

All I want for Christmas is a cheap mortgage

Moving to a market-leading cheap mortgage can save you more than enough money to pay for the cost of Christmas, Bradford & Bingley reports.

Property market optimism rises

The property market will be stronger than expected in 2006 [photo:Pixmedia]

The Council of Mortgage Lenders has upped its expectations for where the property market is headed in the next two years.

Property market to strengthen in 2006

Two new surveys are pointing to a stronger property market in 2006.

Inheritance tax 'unfair' to homeowners

One detached home in three is now liable for inheritance tax

One in three owners of detached houses are now liable for inheritance tax as property prices rise way above the government threshold, a new report reveals today.