Housing Market News | The Little House Company

Tesco Compared With The Little House Company Selling Property

Fri, 12 Mar 2010 23:48:30 +0000

The Times newspaper compares selling a property with Tescos who are in a joint venture with estate agent Spicerhaart,and other services including The Little House Company.

Susan Boyles House Burglar Caught

Fri, 12 Mar 2010 19:03:19 +0000

Susan Boyle will be pleased that Scottish Police have captured the burglar she found in her home on the night of January 26th 2010. The burglary took place in January 26th 2010 when the man ran out of the singers home she arrived home in Blackburn West Lothain.

Social Media Helps Sell Property

Thu, 11 Mar 2010 14:50:48 +0000

Most big businesses have a social media strategy and I would recommend anyone selling a property online to also employ a social media plan. My top 5 places to promote your property Facebook,Twitter, LinkedIn, Myspace.and Youtube all good places to help sell your home

London House Prices Pushed Up By The Chinese

Tue, 9 Mar 2010 07:54:52 +0000

London property prices could see an upward push after it was revealed that a Chinese Billionaire has spent a £33 million on Belgravia home in London.

Property in Leeds Gives Mixed Messages

Mon, 8 Mar 2010 13:24:48 +0000

Housing market in Leeds is showing a mixed story according to recent research by a consortium of property companies who contributed to a study by Leeds University

Second Homes in England Increase

Fri, 26 Feb 2010 07:17:47 +0000

A positive sign for the UK housing market comes in the form of data showing the amount of second homes in England has risen. The number of second homes in England rose by 2.6% in 2009 following a contraction in 2008 of -0.4%. This rise, which equated to 6,212 additional second homes, pushed the total to an all-time record of 245,384.

What House Awards Boosted By Google

Sat, 20 Feb 2010 09:17:09 +0000

The What House? Awards have received a boost by winning sponsorship from search engine giant Google. Despite a bad year for the house building industry the awards are seen as a necessary part of a house builders marketing strategy and to raise the profile of any new housing developments in the UK

Bournemouth Property Market Boost

Fri, 12 Feb 2010 07:34:20 +0000

The property market in Bournemouth is et to benefit from new investment under plans that will transform the area to a modern leisure an lifestyle hub of activity

Abu Hamza Property For Sale

Tue, 9 Feb 2010 11:52:34 +0000

Convicted Muslim Cleric Abu Hamza property will soon be up for sale after The Legal Commission took possession of it to repay his legal fees.

Wayne & Coleen Rooney Property Portfolio Revealed

Mon, 8 Feb 2010 11:17:14 +0000

A dispute between Wayne & Coleen Rooney and their former management company has led to a court case in which the couples financial affairs have been laid bare. The celebrity couple who have refused to pay a £4.3 million bill to the management company has led to a trial at Court 44 of the Manchester Mercantile Court

Myleene Klass Fuels Burglary Self Defence Debate

Fri, 5 Feb 2010 19:02:15 +0000

Talented Musician, presenter, model and singer Mylene Klass has fuelled the debate concerning a householder’s right to defend themselves when met by intruders in your home. She was warned by police for waving a knife at teenagers who were peering into a window of her house late at night

House Builders Recession Warning

Tue, 26 Jan 2010 06:38:27 +0000

The House building industry has a long way to go before a sustained recovery sets in, warns the Federation of Master Builders (FMB) in response to its latest survey of members for the last three months of 2009.

London Property Loses Out On Stamp Duty Holiday

Tue, 5 Jan 2010 03:04:32 +0000

Stamp duty holiday ended on 1st January 2010 meaning the stamp duty threshold will revert back to £125,000. The Council of Mortgage Lenders (CML ) reflects on the success of the scheme by providing the result of research showing which regions benefited the most from the concession in 2009.

Manchester House Market Investment

Mon, 21 Dec 2009 12:25:37 +0000

Housing investment into Greater Manchester is at an all time high as areas Oldham, Rochdale and Salford receive millions of pounds of investment.

Houses For Sale By Google

Mon, 14 Dec 2009 11:22:41 +0000

Houses for sale in the UK could soon be found in Google following a successful launch of a Google property portal in Australia. Here estate agents lists properties for free and users find properties from Google Street View Service and listing details on Google maps. The move could well see the demise in profitable services provided by property websites such as Rightmove.

Scottish Home Reports Receive Thumbs Up

Thu, 10 Dec 2009 08:28:05 +0000

It is now one year since the mandatory requirement for home owners selling a property in Scotland to possess a Home Report. They have been given a positive reception the Royal Institution of Chartered Surveyors Scotland while private sales website reports continued confusion amongst home sellers

Survey Shows That Rich Like Property Investment Best

Mon, 7 Dec 2009 17:40:31 +0000

High Net Worth individuals find that investing in property extremely attractive and that the downturn has made property investment even more attractive. The findings come from Barclays Wealth and the Economist Intelligence Unit who surveyed more than 2,000 high net worth individuals.

Savills Estate Agents To Pay Compensation To Home Owner

Wed, 2 Dec 2009 14:44:56 +0000

One of The UK's most respected estate agents Savills has been forced to pay a client compensation after the agency sold his house for 2.9 million pounds despite the property being valued at 30 million. Savills has subsequently apologized and been forced to pay an undisclosed financial settlement.

Office of Fair Trading Find Home Sellers Want Alternatives

Mon, 23 Nov 2009 09:00:41 +0000

The Office of Fair Trading research into the UK housing market indicates that consumers want more choice when it comes to selling a property in the UK.

Globrix Bans The Little House Company

Thu, 19 Nov 2009 12:25:10 +0000

One of the UK's most popular property search web sites Globrix has banned The Little House Company from its search engine after promoting them for over a year. The private sales Web site which has been listing consumer’s homes since 2000 accuses the Web site of joining in on restrictive practices.

Stamp Duty Holiday Ends Activity Falls

Tue, 17 Nov 2009 09:24:17 +0000

More surveyors in the Birmingham West and East Midlands, Wales and Scotland believe that they will see a drop in activity in 2010 following the end of the stamp duty holiday for properties priced between £125k and £175k at the end of the year.

UK House Prices Hold As Sellers Return

Wed, 11 Nov 2009 10:41:10 +0000

The first signs that people are returning to the market is indicated by a survey from The Royal Institution of Chartered Surveyors

House Prices Up in Scotland

Fri, 6 Nov 2009 08:36:30 +0000

The Scottish property market has shown encouraging signs of recovery as house prices gained 6% between July and September 09. The overall picture for the Scotland’s housing market is not so good indicating house price decrease of 3.6% when compared with the same period last year.

Property in Wales No.1 in The UK

Wed, 4 Nov 2009 09:33:57 +0000

Wales has come out top for enquiries from potential buyers beating London and the South East . The surprise finding comes from The Royal Institution of Chartered Surveyors'(Rics).Further good news for Welsh property market came from a RICS poll which also found that 11% more Welsh chartered surveyors said they expected an increase in house prices over the same period -

Manchester City Housing Market Boost

Tue, 3 Nov 2009 09:33:21 +0000

Manchester received a well needed housing market boost with an investment of 9.4 million pounds in a housing development on the site of f Manchester City’s former Maine Road stadium.

RBS in Overseas Mortgages Investigation

Mon, 2 Nov 2009 15:38:46 +0000

Staff at the RBS overseas mortgage department are under scrutiny after it is alleged that individuals had been receiving bonus kickbacks from real estate agents worth tens of thousands of pounds in return for referring customers. The alleged bad practices are suspected to have continued to take place since the taxpayer-funded bail-out of the bank last year

UK Home Sellers Need To Reduce House Prices

Tue, 27 Oct 2009 16:53:45 +0000

The UK housing market is seeing house price rise after house price rise and is deemed by Nationwide as unsustainable. Home owners are benefiting from property values the same as those in 2008. House prices have risen by 4% in the last 3 months. This news is not serving to kick start the market. The average house is worth £161,816, Nationwide's figures show. Crucially, mortgage approvals are climbing again after a year of savage retrenchment by battered lenders.

US & UK Relations Tested By London Property Deal

Fri, 23 Oct 2009 09:52:11 +0000

The US government has decided to sell their landmark Embassy located in the heart of London fashionable Mayfair district at 24 Grosvenor Square. The building which was constructed in 1957 is said to being sold for £300 million ($500 million) to £400 million. The new owners will be Chelsfield Partners, a property investment company backed by the Qatar Investment Authority.

Rightmove House Prices Up!

Wed, 21 Oct 2009 16:41:59 +0000

The news from Rightmove confirmed the strange market phenomenon of rising prices in an economy still in recovery with the estate agents website figures indicating the largest October house price rise in 6 years! The average asking price rose to 230,184 pounds ($374,417) from 223,996 pounds in September

Newcastle Based Grainger PLC Positive About Housing Market

Tue, 20 Oct 2009 10:47:49 +0000

Newcastle based Grainger plc which is the UK's largest listed residential landlord company give some positive forecasts for the UK housing market. The company forecast its sales will rise by 21.6% to around £220m for the year to September 30, from £181m in 2008

Financial Services Authority Announces New Rules For Lenders

Mon, 19 Oct 2009 16:57:51 +0000

The new Financial Services Authority guides on mortgage lending will insist that lenders concentrate on a clients ability to pay and ban self-certification mortgages.

Buying Property Saves Tenants Money

Fri, 9 Oct 2009 10:02:20 +0000

The latest Abbey Building Society research shows that owing to house price falls it is now cheaper to buy than rent. Abbeys research found that first time buyers could save as much as £624 over the next year alone by stepping onto the property ladder and ditching the rent book in favour of a mortgage.

Manchester Property Leading The Recovery

Tue, 6 Oct 2009 11:10:27 +0000

The Manchester housing market is showing positive signs of a recovery with statistics from a classified ads website Gum Tree and private sales website The Little House Company both reporting increases in activity in the area. At the same time a village just 12 miles from Manchester has been identified as a celebrity property hotspot.

Buying Property in Hampstead a Billionaires Mistake

Tue, 29 Sep 2009 11:18:17 +0000

Actor, producer and entrepreneur Alki David 41, is the billionaire heir to a shipping and bottle-plant fortune and is ranked No 40 on The Rich List. In 2008 he bought a luxury home a seven-bedroom property in Hampstead for £12.5million.

UK Property Hotspots

Thu, 24 Sep 2009 17:59:15 +0000

Research indicates that available housing stock has fallen heavily in recent months and is now nearly 30 percent lower than a year ago. Additionally, the number of sales has been heavily dependent on the area. Liam Bailey, head of residential research at Knight Frank, said that there was a very slow spring, "But the number of sales has increased dramatically since, with rises of 100 percent and even 200 percent year-on-year, depending on location.

August Home Sales Drop

Wed, 23 Sep 2009 21:26:52 +0000

The number of homes sold in the UK in August fell, the first drop in monthly housing sales for the year. According to HM Revenue and Customs (HMRC), 83,000 homes were sold in August compared to 87,000 in July. While there was a drop, the number of monthly sales in August was still much higher than in the beginning of 2009

Tax On Million Pound Homes

Tue, 22 Sep 2009 07:54:09 +0000

The Liberal Democrats have proposed a new tax on properties worth more than £1 million. It is estimated that this tax will raise an additional £1.25 billion a year. Liberal Democrat leader Nick Clegg proposed the tax and recently spoke about it on BBC’s Radio 4 Today program, noting that “It’s a fairer tax that Labour should have done 10 years ago in the interest of a fair society.

Mortgage Lending Down

Mon, 21 Sep 2009 13:20:13 +0000

The overall amount of lending for mortgages fell in August by 13 percent, according to the latest figures from the Council of Mortgage Lenders (CML). While the amount of lending fell in August, it is a normal time of the year for a dip, the CML reports, and the overall lending market appears to have stabilized during the summer months.

Glasgow Property Development Approved

Sat, 19 Sep 2009 12:17:47 +0000

The South Lanarkshire Council gave the OK for a 20-acre project to be developed by Ashfield Land in the Rutherglen area of Glasgow. The plans include a food store, hotel, cinema, retail and restaurants. It is to be located on Junction 2 of the M74 extension and will be near the athletes’ village for the 2014 Commonwealth Games.

House Price Balance Turns Positive

Wed, 16 Sep 2009 15:58:13 +0000

The latest UK housing market survey from the Royal Institute of Chartered Surveyors (RICS) indicates that the house price net balance turned positive for the first time in two years. The net balance of surveyors who reported rises in prices rather than falls reached a positive number of 10.7 percent from the previous balance of negative 5.7 percent. This is the highest positive reading since May of 2007, when the net balance was 24.8 percent.

Private House Selling Gets Bigger

Tue, 15 Sep 2009 20:44:56 +0000

Redtray, one of Europe’s leading training outsourcing providers, has become the technology partner to The Little House Company. With Redtray’s investment and technological expertise, The Little House Company will now fulfill its vision of becoming the number one private homes sales website in the UK

Property Prices To Drop In 2010

Tue, 15 Sep 2009 12:29:35 +0000

While there has been some good news for the beleaguered UK housing market over the past several months, one firm predicts that next year will again be a tough one for the market. In its latest UK Residential Housing Forecast, Jones Lang LaSalle says the recent rise will be not be sustainable through 2010. The value of the average home has increased by 8 percent over the past six months, but the company is looking at a fall in prices of 7 percent through 2010.

Bank Mortgage Margins Hit Record High

Mon, 14 Sep 2009 19:38:46 +0000

Six months after the Bank of England cut interest rates to the lowest level ever, fixed mortgage rates have increased substantially, leaving bank profit margins at a record high. Research from MoneyFacts shows that most home owners and mortgage borrowers have taken a major hit from banks that are increasing profits margins, despite the announcement of special deals in recent days.

Halifax Property Price Index Up in August

Fri, 11 Sep 2009 16:39:10 +0000

Home prices rose in August by 0.8 percent, according to the latest figures from the mortgage lender Halifax. The three month period including August saw 1.7 percent increase in house prices, which is the largest rise in that since July, 2007.

UK Rental Prices Stabilize

Thu, 10 Sep 2009 07:54:26 +0000

The number of properties that are coming on to the UK rental market is slowing and rental rates also slowed their descent in the second quarter of 2009. According to the RICS Residential Lettings Survey, growth in demand for rental property is still increasing, but it slowed in the second quarter, and rents continued to decline but at a slower pace than previously. The survey is published by the Royal Institute of Chartered Surveyors, or RICS.

Lower House Price Values For Off Plan Investors

Wed, 9 Sep 2009 19:15:58 +0000

Many investors who purchased property off-plan are facing the fact that their property is worth less now than when they agreed to buy it. As a result, some buyers and investors are reneging on their contracts, or considering doing so. Unfortunately, they could lose more than just their deposits, according to lawyers.

Scottish Authorities Approve Donald Trump

Tue, 8 Sep 2009 20:19:46 +0000

Scottish local authorities recently gave Donald Trump permission to expand the site of his luxury golf resort along a stretch of coastline near Aberdeen. The Aberdeenshire council voted to allow the US developer to use an extra 50 acres, or 20 hectares, surrounding the current site of the £1 billion golf course and resort.

UK Economy To Bounce Back In 2010

Mon, 7 Sep 2009 09:14:00 +0000

The British Chambers of Commerce (BCC) expects the UK Economy to grow 1.1 percent in 2010. That’s nearly double the last forecast issued in June, when the organization predicted 0.6 percent growth for next year. It also lowered its prediction for unemployment to approximately 3 million, down from 3.2 million

Luxury London Property Prices Up Again

Fri, 4 Sep 2009 16:45:05 +0000

Prices for residential properties in central London rose for the fifth consecutive month in August, according to the latest Knight Frank Prime Central London Residential Index. Prices grew by 1 percent for the month, and sales volume is up considerably for the year. The index hit a recent low in March of this year and has risen steadily each month since then

British Consumer Debt Falls

Thu, 3 Sep 2009 22:47:17 +0000

The Bank of England reports that consumers paid back some £635 million more than they borrowed in July of 2009. That is the first time that has happened since 1993 when the bank began collecting the figures in their current format. The overall consumer debt in the UK now stands at £1.46 trillion

Rents Rising in England and Wales

Thu, 3 Sep 2009 22:46:35 +0000

Rents in England and Wales rose by 0.5 percent in July compared to June as landlords have increased the letting rate as well as the sale of their properties. That is the fastest rate growth for rents in a year, according to agent LSL Property Services. The average rent is still 4.5 percent lower than it was at the peak in August, 2008

Top UK Cities Listed in New Survey

Tue, 1 Sep 2009 12:26:29 +0000

A new study out puts London, Edinburgh and York at the top of the list of most desirable cities in the UK in which to live and work. While London leads in the most categories, northern cities York and Edinburgh actually come out ahead when all category rankings are totaled as the most desirable place to live, according to PlaceIndex from YouGov. The survey looks at a range of factors in determining desirability, including culture, ease of getting around, shops, restaurants, safety and investment potential.

London & The South East Responsible For House Price Increases

Mon, 31 Aug 2009 12:46:31 +0000

The prospect of a UK housing market in recovery have been put into doubt by the fact that average house price gains seen over the last month seem to be concentrated in LONDON and the South East of England. The month on month average house price increase is also being put down to lack of confidence from house sellers who are refusing to put their homes on the market. The lack of inventory is now driving house prices up.

Official Average House Prices

Sat, 29 Aug 2009 09:17:30 +0000

The latest figures from Land Registry show that all regions experienced a positive monthly change in their average property values. The July increase of 1.7 per cent in England and Wales is the strongest monthly growth since July 2004 and the third month in a row with a positive movement. The annual drop of 11.7 per cent takes the average house price to £155,885.

Reluctant House Sellers Pushing House Prices Up

Fri, 28 Aug 2009 17:48:56 +0000

Britain needs more homes for sale as the market is now in undersupply report the private sales website The Little House Company. The latest data from Nationwide building society shows that average price of homes for sale has risen 1.6 percent in August over the previous month. The average price of a house is now £160,224, compared to £158,871 a month ago.

Home Owners Overpaying For Energy

Thu, 27 Aug 2009 01:13:50 +0000

Energy companies in the UK are paying less for the power they supply to consumers, but consumers aren’t seeing the savings passed on to them, according to the latest from consumer watchdogs. Prices on the wholesale energy market have been cut in half over the last 12 months, but household electricity and gas bills are still higher than they were a year ago.

Mortgage Approvals Up in July

Wed, 26 Aug 2009 17:16:01 +0000

he number of mortgages for houses increased in July, according to the British Bankers Association. There were 38,191 loans approved in July compared to 35,564 in June. That is also much higher than the previous six month average of 29,737 and is an increase of 76.7 percent compared to July of 2008.

Property in Aberdeen Most Expensive in Scotland

Tue, 25 Aug 2009 08:09:29 +0000

Aberdeen is the most expensive market for homes in Scotland and all of the UK outside London and the Southeast region, according to a recent article in the Telegraph. Aberdeen’s AB13 postcode, which includes the suburb of Milltimber, has an average home value of over £420,000. The city’s West End is not far behind that, while Edinburgh, often viewed as Scotland’s priciest city, only averages a shade over £340,000 for its homes.

Big Leap In New Home Construction

Mon, 24 Aug 2009 07:47:18 +0000

The number of new homes under construction in the UK rose 63 percent in the second quarter of 2009, according to the Department for Communities and Local Government (CLG). The department indicated that 29,980 new homes were begun during the three month period, a significant rise over the first quarter but still 9 percent lower than the second quarter of 2008.

Fewer Lenders in Mortgage Market

Fri, 21 Aug 2009 14:23:00 +0000

Several major banks and lenders increased their influence in the UK home loan market last year, according to the most recent data from the Council of Mortgage Lenders (CML). The top six are led by the Lloyds banking group and accounted for 78 percent of all new loans in 2008, compared to 72 percent in 2007. Following Lloyds, the biggest lenders were Santander, Nationwide, Barclays, RBS and HSBC. Overall, new lending fell by 28 percent in 2008 and a number of lenders were driven out of the market

Selling Property Online Saves Consumers Money

Thu, 20 Aug 2009 07:09:07 +0000

When owners sell their homes online they can avoid traditional estate agents and their fees and save a significant amount of money, according to research from the consumer group Which? Fees charged by online agents tend to be much lower than the fees charged by traditional agents. Estate agents usually charge from 1 to 3 percent of the sales price, while online that can be as little as 0.5 percent or even just a flat listing fee, depending on what kind of online listing is used.

South East Housing Shortage Next Year

Wed, 19 Aug 2009 08:24:36 +0000

The South East Region of the UK will see a shortage of new build housing by the end of 2009 and into 2010, according to recent research from Knight Frank. The region, which developed its own planning road map in 2006 with the South East Plan, will need to have quite a bit of new housing to meet its needs and goals in the coming years.

Home Repossessions Fall

Tue, 18 Aug 2009 09:38:46 +0000

The Council of Mortgage Lenders (CML) released its latest statistics showing that the number of mortgage repossessions fell in the second quarter of 2009 and cases of arrears also leveled off. While the numbers are sign of improvement, the Council notes that, as long as the economy is weak and unemployment rising, both sets of numbers will probably rise in the second half of the year. CML member institutions hold approximately 98 percent of all residential mortgage loans in the UK.

British Home Owners Forced To Pay More

Mon, 17 Aug 2009 20:09:55 +0000

Home owners are now having to pay additional costs after their initial mortgage period ends as lenders are taking advantage of the difficulty in getting new loans right now. According to an article and research done by the Daily Telegraph newspaper, banks are making money on home owners’ woes. They are refusing to lower interest rates for borrowers after the current deal ends, typically with a standard variable rate mortgage.

Property in Wales Now Cheaper

Mon, 17 Aug 2009 19:20:11 +0000

Buying a property in Wales may have got less expensive after a monthly fall in Welsh house prices. The property prices in Wales show a 1% decrease with an average home in Wales now priced at £167,428, according to data released by Rightmove.co.uk

House Burglary Hotspots Revealed

Fri, 14 Aug 2009 10:26:13 +0000

The top 20 postcodes where home insurance claims have been made for residential burglary have been revealed by Moneysupermarket. London and Nottingham do not show a good picture with both areas featuring highly in the table. Home owners and those seeking a new home will be interested to learn about the places in England where statistically a home is more likely to be burgled.

Selling Property Harder As Lenders Undervalue

Thu, 13 Aug 2009 18:10:06 +0000

The recovery of the UK housing market is being hampered it seems by over cautious valuations being made by mortgage lenders causing house sales to then fall through. The trend has come to light from the estate agents body the National Association of Estate Agents (NAEA.)

UK Mortgage Lenders Avoiding Home Repossessions

Tue, 11 Aug 2009 07:10:18 +0000

The Council of Mortgage Lenders announced that its members are fully committed to helping borrowers who get into mortgage difficulties keep their homes and that repossession was a very last resort. The CML responded to a recent report by the Treasury Committee’s in which it found that that the majority of lenders are taking pro-active steps to support consumers in mortgage difficulties.

Scotland's Home Owners May Be Over The Worst

Mon, 10 Aug 2009 21:05:21 +0000

Official figures released by the Registers of Scotland show that house prices have risen by 3.7 per cent compared to the same quarter in 2008 and experts predict that any possible declines in house prices are set to be very minor

MPs Say Mortgage Lender Making Excessive Arrears Charges

Sat, 8 Aug 2009 08:33:10 +0000

The stress of mortgage arrears are being made worse by excessive charges being made to those who fall into arrears and in many instances charges go beyond the covering administrative costs. The damming evidence came from the MPs Treasury Select Committee

Bank of England Say UK in Deeper Recession

Fri, 7 Aug 2009 14:11:33 +0000

Despite positive indicators from a number of sources that the housing market is in recovery with successive house price rises, the recession appears to have been deeper than previously thought. GDP fell further in the second quarter of 2009.

The Property Ombudsman Dealing With HIP Complaints

Thu, 6 Aug 2009 07:48:53 +0000

Increasing complaints about Home Information Packs being sold by estate agents are to be dealt with by The Property Ombudsman.

David Beckham Chelsea Home, Chelsea Football Club?

Thu, 6 Aug 2009 05:26:15 +0000

David Beckham and Posh Spice Victoria Beckham are said to be considering purchasing a Chelsea Home speculating reports that the England mid fielder may be set for a move to Chelsea football club The Chelsea home is worth a cool £10 million pounds

Government Plans CCTV in Bad Homes

Wed, 5 Aug 2009 21:34:46 +0000

A controversial new project has been hatched by the government that could see CCTV monitoring in bad behaving family homes. The big brother plan could mean up to 20,000 homes could be monitored as part of a Family Intervention Project.

Luxury London property In Short Supply

Tue, 4 Aug 2009 09:58:16 +0000

While several residential market analysts have confirmed that prime central London properties have risen in value during June, Prime Purchase comment that the annual rate of growth remains negative and that last month’s growth rate was quite modest.

Bad news for English house prices

Mon, 3 Aug 2009 11:59:37 +0000

Substantial house price fall are predicted by The National Housing Federation on the backdrop of successive house price rises that have increased confidence in the UK housing market

British mortgage approvals up

Sun, 2 Aug 2009 10:15:56 +0000

The Bank of England releases data that indicates that Mortgage approvals for British house purchases hit their highest level in more than a year in June.

London House Prices Strong

Sat, 1 Aug 2009 15:03:10 +0000

The desire by overseas buyers to own property in London plus the lack of available properties may be behind the fact that London continues to have the most expensive property in the country by a considerable margin

House Prices Up in July 09

Sat, 1 Aug 2009 15:02:17 +0000

The average price of a home in the UK rose 1.3 percent in July, according to the latest information from building society Nationwide. Prices for the month were an average of £158,871 and that follows a 1 percent rise in June.

Britain's Richest Man Now Renting Home

Sat, 1 Aug 2009 15:01:39 +0000

Trying to sell a luxury home worth millions of pounds has become near impossible for Britain’s richest man Lakshmi Mittal. The Billionaires home is located in Hampstead North London was on the market for £40 million pounds and the lack of a sale has meant that he is now offering the property to rent.

Welsh Home Owners Selling Homes in Private

Sat, 1 Aug 2009 15:00:55 +0000

Wales Online report a trend in which Welsh home sellers are marketing their homes in private so that they avoid having their homes being on public view for months without being sold. This off market approach can also appear to give an air of prestige to buyers

London Leads UK Investment

Sat, 1 Aug 2009 15:00:04 +0000

-Despite the economic downturn and the slowing London property market, the capital city is still the number one target for property investors in the UK. Property Week recently released its data on where the money is being spent in the UK, and it is no surprise that London is tops. For the first half of 2009, investment in London real estate was £3.0 billion, down from £6.1 billion a year ago and £3.9 billion in the second half of 2008.

The British and Extreme House Selling

Sat, 1 Aug 2009 14:56:39 +0000

A British man will try almost anything to sell his Devon home. He’s promising a brand-new Range Rover and speed boat to anyone who can seal the deal within 4 weeks.