Tag: properties

Rightmove: Asking prices up in June

Rightmove: Asking prices up in June

Property website, Rightmove, has today reported a rise in asking prices for the month of June – the sixth consecutive month of growth. According to Rightmove, asking prices for residential property in England and Wales grew 0.6% in June after a 1.3% increase in May. The property website, which claims to advertise 90% of the [...]

Rightmove: Asking prices up in April

Rightmove: Asking prices up in April

Property website, Rightmove, has today reported a rise in asking prices for the month of April – the fourth consecutive month of growth. According to Rightmove, asking prices for residential property in England and Wales grew 0.9% on an annual basis. The property website, which claims to advertise 90% of the properties on the market, [...]

Asking prices down for 3rd straight month, say Rightmove

Asking prices down for 3rd straight month, say Rightmove

It appears the housing market is headed for a double dip after property website, Rightmove, reported a further fall in asking prices in September. According to Rightmove, asking prices for residential property in England and Wales fell by 1.1% in the 5 weeks to 11 September – the third consecutively monthly fall. It follows falls [...]

More surveyors report rising prices

More surveyors report rising prices

The Royal Institution of Chartered Surveyors (Rics) has reported a positive change in house price expectations for the first time since May 2007. In its June survey of members, the net balance of surveyors reporting falling rather than rising prices improved from -43.8 in May to –18.1. The Institution points out that although the balance [...]

Flood Protection Scheme grants now available

Flood Protection Scheme grants now available

The Government has announced details of the first round of grants under the £5 million Flood Protection Scheme, which is aimed at helping homeowners reduce the risk of flood damage. Twenty five local authorities in England can call on an initial £3 million under the scheme and 593 properties should benefit. The money is to [...]

Million pound home sales slump by 40%

Million pound home sales slump by 40%

A specialist large-loans mortgage broker has reported a dramatic fall in sales of the UK’s more prestigious homes. According to largemortgageloans.com, sales of properties costing in excess of one million pounds collapsed by 41% last year. Only 5,302 transactions were completed, compared with 9,003 in 2007. However, using data from the Land Registry, the firm [...]

New housing starts fall 48%

New housing starts fall 48%

House building figures for the three months to the end of September have been released by the Department of Communities and Local Government. The statistics show that new housing starts in England stood at an estimated 22,200, with the seasonally adjusted figure down 33% of the previous three months and 48% lower than a year [...]

One million homes for sale in England and Wales

One million homes for sale in England and Wales

Rightmove has calculated that there are now over one million homes for sale in England and Wales. According to the property website, the record number of homeowners eager to move include those anxious to make a sale before prices drop further and others who are keen to capitalise on the downturn by selling up and [...]