Cost of Getting on the U.K. Property Ladder Surges to Record By Lucy Meakin - Bloomberg - Published 1 July 2017Cost of Getting on the U.K. Property Ladder Surges to Record First-time buyers in the U.K. property market are paying a record amount to purchase a home, with Londoners shelling out almost double the average [...]
Second Home Ownership in the UK Rises The Number people who own of Second Homes in the UK has risen by 30% since 2000. One in 10 adults in the UK owns multiple houses, which highlights the growing generational divide in the nation's property market. According to thinktank the Resolution Foundation, the proportion of adults [...]
Property Values Still Up from Last Year Halifax house price index: Property values are stagnent - yet Property Values Still Up from Last Year Halifax released their house price index for June 2017, and their results show house prices are dropping. However they are still higher than at the same time last year. House prices [...]
Average UK House Price Rises 5.8% in the year to February Average UK House Price Rises 5.8% in the year to February. Therefore, putting the average value of a home now at £217,502 latest official figures show. This was up from 5.3% in the year to January 2017 but still remain below the average annual [...]
Manchester has the fastest rising property prices in the UK Manchester has the fastest rising property prices in the UK recording a growth rate of 8.8 per cent. London slipped to tenth place with 5.6 per cent. Manchester had an 8.8 per cent annual price growth on the back of a more than 40 per [...]
What Does The General Election Mean For The Property Market Theresa May has called a snap General Election. Only 2 Years on from the last conservative victory. 2020 was the expected date for the next general election. However, the election can be held earlier, provided that two-thirds of MPs back the move under the Fixed [...]
How Will Starting Brexit Negotiations Affect the Housing Market? How Will Starting Brexit Negotiations Affect the Housing Market? The UK property market will not see any sharp decline because of the formal start of the Brexit Negotiations. During the 2 year period, the UK will negotiate trade deals. May will look to secure deals to [...]
Cost of a single brick in UK property nearly £50.00 New research has found that the average cost of a single brick, sitting in a UK house is worth nearly £50.00 when based on the overall value of the property. A single brick, when calculated by looking at the price and size of an average [...]
London’s Rising house prices are driving people out of the capital The number of people in their thirties leaving the capital has jumped dramatically in the last year new analysis shows, the trend coincides with London's rising house prices. Data from the campaign group Generation Rent, showed that the net outflow of people in their [...]
UK Property Values Up Year to May
UK Property Values Up Year to May
Hanover Square Real Estate September 10th, 2017|Commentary, UK Property News|
UK Property Values Up Year to May The property market shrugged off any potential referendum turmoil. Recording a 3.3 per cent annual rise in values to May. Values have risen £7,400 on the cost of a typical three bedroom semi at £220,706, said the Halifax. There has been “virtually no change” in house prices over [...]