Property Market
Sir Mervyn King warns against "demonising" bankersThe Governor of the Bank of England, Sir Mervyn King has warned that the Help to Buy mortgage scheme unveiled by George Osborne in his budget must not become permanent. |
Demand for new homes at highest level since 2009, says RICSThe Royal Institution of Chartered Surveyors reports rising demand for new homes and increased house prices from its surveyors helped by government initiatives such as Help to Buy and the FLS. |
Halifax reports UK house prices up to 3-year highThe latest data from the Halifax shows that prices went up by 1.1 per cent in April but transaction levels are still low compared to historical norms. |
Help to Buy is "reckless" and will damage UK, says new reportA new report into the 'Help to Buy' scheme announced in the budget says it risks damaging the UK by stoking a new housing bubble and potential crash. |
Nationwide: "Momentum" in housing market despite drop in pricesNationwide reports that house prices fell by 0.1 per cent in April but in a sign of the impact of the Funding for Lending Scheme, first-time buyers form the largest proportion of buyers since records began in 2005. |
Land Registry reports regional differences in house price riseThe Land Registry reports that house prices in England and Wales went up by 0.1 per cent in March to an average of £161,793 with wide regional variations. |
UK house prices rise for 3rd month in a row helped by LondonHometrack reports that UK house prices rose by 0.3 per cent in April, the third rise in a row as demand from London and a lack of supply helped push up prices. |
BBA expects first-time buyers to life mortgage market in 2013The British Bankers Association reports that mortgage approvals fell in March by 0.1 per cent but says the Funding for Lending Scheme is making the mortgage market more competitive. |
OFT calls for evidence on 'quick house sale' marketThe Office of Fair Trading is calling for evidence about how firms offering 'quick house sale' services work as it is concerned that vulnerable customers could lose out. |
Rightmove says asking prices will reach record high next monthRightmove says that asking prices for UK property rose by 2.1 per cent in April to £244,706 and expects that a new record for asking prices will be reached in May. |
Property sales reach 3-year high as Rics says prices on the upProperty sales have reached a 3-year high as the Royal Institution of Chartered Surveyors says that government schemes to boost the property sector are beginning to have an impact. |
London house price rise fuels overall annual increaseThe latest Nationwide house price index shows that UK house price were flat in the last month but went up by 0.8 per cent over the past 12 months. |
House prices up by 0.3% in March, driven by the capitalHouse rices in England and Wales went up by 0.3 per cent in March, the biggest monthly rise for three years, as London underpinned the increase. |
House prices reach highest March level for five yearsRightmove reports that a "spring bounce" helped asking prices rise by 1.7 per cent in March to reach their highest level for March for five years of £239,610. |
RICS reports house sales at highest level since June 2010The Royal Institute of Chartered Surveyors reports that house sales have reached the highest level for two-and-a-half years as the Funding for Lending Scheme helps the property market. |
Second steppers need more government supportA new report from Lloyds TSB highlights the problems facing second steppers moving to their next property which is creating a logjam in the UK housing market. |
Houses price rise by biggest annual amount since September 2010The latest Halifax house price index shows that UK house prices have risen by 1.9 per cent in the three months to February. |
Nationwide HPI: House prices rise for 5th month in a rowNationwide reports that house prices rose by 0.2 per cent in February but were the same as 12 months ago "maintaining the trend of broad stability". |
Land Registry reports house prices in England and Wales up 1%The Land Registry reports that house prices in England and Wales went up by one per cent in January but were helped by a big rise in London property prices. |
CML: Drop in mortgage lending but "sentiment remains positive"Mortgage lending fell by almost ten per cent in January, but the Council of Mortgage Lenders says that the sentiment is still positive about the property market going into 2013. |
Over 45's control property market as prices hit 5-year highThe over 45's will account for 71 per cent of property transactions in 2013, according to the latest survey by Rightmove as asking prices hit a five-year high. |
House prices up by 0.9% in December and 3.3% annuallyOfficial figures from the Office for National Statistics shows that UK house prices rose by 0.9 per cent in December and by 3.3 per cent in the 12 months to December 2012 |
RICS predicts a rise in house sales going into 2013The Royal Institution of Chartered Surveyors reports that house sales continued to grow in January and says there are signs that confidence is returning to the market. |
CEBR report predicts North-South housing divide to continueThe Centre for Economic and Business Research predicts that average house prices in London will reach £500,000 by the end of the decade and that the North - South housing divide will increase. |
30% say broadband signal affects where they would buy a homeA new survey by the Halifax shows that a majority of people in the UK would pay up to three per cent more for a home if they knew it had a good broadband connection. |
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