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News Tag: statistics

April 15, 2010

Spending on plastic up 9.2%

by David Masters
Spending on plastic up 9.2%
Spending on credit and debit cards increased 9.2% in March compared to March 2009, new figures from Barclaycard show. This continues a trend highlighted in February, when spending on plastic increased 7.1% on year. Compared to February, credit and debit card spending increased 18% in March for high street and online purchases. This is a typical increase as households begin to recover from the financial ...



January 20, 2010

Seller confidence and buyer interest return

by Gill Montia
”Seller
Rightmove has reported that its initial statistics for 2010 show increases in both seller confidence and buyer interest. According to the property portal, sellers who have come to market so far in January are asking more for their properties "causing a big turnaround in figures that were on course for a third consecutive monthly fall". The firm's commercial director, Miles Shipside, says he ...



November 9, 2009

Five buyers for every house on the market

by David Masters
For every property on the market there are five potential buyers looking to snatch it up, new research has discovered. A study by the National Association of Estate Agents (NAEA) found estate agents had an average of 287 prospective buyers on their books in October. The average number of properties available at estate agents was 57. The high demand has bumped up prices slightly, but has not translated into sales. House prices ...



November 5, 2009

Ethical investments return to pre-crunch levels

by David Masters
Ethical investments return to pre-crunch levels
Investment in ethical funds has recovered to pre-credit crunch levels, new research has discovered. During the third quarter, investments in ethical funds reached more than double the total of ethical investments in the same period last year. Net sales of ethical funds between July and September were £59 million, compared to £21 million in the same three month period for 2008. The statistics were ...



October 2, 2009

Recession encourages consumers to save

by David Masters
Recession encourages consumers to save
The recession has made people think before they spend, according to financial advice site Moneynet.co.uk. Andrew Hagger, Moneynet.co.uk spokesperson, said since the credit crunch consumers are being smarter with their money. He made the comment after the Office for National Statistics revealed the household savings ratio increased to 5.6% in the second quarter of this year, up from 3.9% in the first quarter. "People are ...



June 11, 2009

Debt worries mounting with recession

by David Masters
Debt worries mounting with recession
Consumers are increasingly struggling to pay off debts, according to figures released this week by the Citizens Advice Bureau (CAB). Debt enquiries to the Bureau increased 11% on year between April 2008 and March 2009, with the CAB advising 1.93 million people struggling to pay back debts. Redundancy enquiries during the same period soared by 114%, whilst the number of callers seeking advice on ...



May 26, 2009

First time buyers treble in 2009

by David Masters
First time buyers treble in 2009
First time buyers are taking advantage of plummeting house prices, according to figures released this week by mortgage experts John Charcol. A fifth of mortgage applications during the first four months of 2009 came from first time buyers - an increase of 350% compared to the final four months of 2008. A significant proportion of these first time buyers put down a deposit ...



November 24, 2008

New housing starts fall 48%

by Gill Montia
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 earlier. During the three months to the end of ...



August 21, 2008

HMRC admits to error in UK house sales figures

by Gill Montia
HMRC admits to error in UK house sales figures
Monthly residential property statistics published by the Government will not be appearing in August because errors have come to light. Under stamp duty requirements, HM Revenue & Customs (HMRC) is advised of completed UK property transactions where values are £40,000 and above. The latest update on house sales was scheduled to be published on 21st August but according to a ...



May 15, 2008

Housebuilding slumps as developers delay new starts

by Gill Montia
Housebuilding slumps as developers delay new starts
The Department for Communities and Local Government has released statistics for housebuilding in England during the first quarter of 2008. New housing starts were down 21% on the final quarter of last year (to 32,100) and 24% below the level recorded in the first quarter of 2007. Meanwhile, housing completions for all dwellings in England fell to around 39,500 in the ...