According to a report in the Telegraph, the National Association of Estate Agents (NAEA) have found that the typical number of house hunters registered per branch in December was 294, 32 more than the average figure for November, with viewings continuing right up until the Christmas break.
The percentage of first-time buyers also rose to 21pc, continuing the increase since this section of the market...
House prices are "lacking genuine direction", according to the Halifax, as it reported a 0.5% fall in values in September compared with August.
Prices were down 2.3% from a year ago, leaving the average home in the UK worth £161,132, the lender said.
It said there had been a mixed pattern of monthly changes in prices, but broad stability overall.
And the lender said it...
Tony Cooper, former chief of the Rural Payments Agency (RPA) received a 'golden goodbye' or more than £300,000 when he left the post last year.
According to the agency's annual accounts for 2011 Mr Cooper, who was chief executive of the RPS for four years, received an exit package of £311,000 which included early retirement benefits of £243,803 and £67,007 in respect of "compensation in lieu of notice". The package also included...
Research carried out by the Royal Institution of Chartered Surveyors (RICS) has concluded that increasing numbers of homeowners are deciding to carry out improvements to their current property rather than move house.
Overall, 48 per cent of chartered surveyor estate agents revealed the slow sales market is prompting people to improve their properties rather than move. Across the UK, this was most prevalent in areas where the...
According to Property Talk Live rents in Central London are on track to increase by 8 - 10% this year, putting even greater pressure on the finances of tenants in the capital (source: Cluttons' Residentail Property Forecasts June 2011).
According to Cluttons the significant pressure the increase will put on households, who are facing depleting incomes and job insecurity, means that it is unlikely that demand for rental property will be...
The property website 'Rightmove' reports that overly optimistic sellers increased asking prices in April by 1.7% but potential buyers continued to stay away from the market, leading to a high proportion of unsold houses.
It was the fourth consecutive month during which new sellers have raised their asking prices, leaving the average property on the market in England and Wales with a price tag of £235,822...
There are many costs to take into consideration before you decide to become an investment landlord.
Every investor's aim should be to create a realistic, and profitable, yield so you need to give consideration to a number of obvious and hidden costs.
The biggest outlay will be the intial price of the property including all the associated costs - solicitor's fees, stamp duty, mortgage arrangement fees and survey costs....
A report in the Daily Telegraph suggests that giving your house a name, rather than a number, might help you sell it. The name "Rose Cottage", "The Lodge" or "The Woodlands" conjures up images of a rural idyll and property full of character, far more than if the same house merely had a street number, according to a survey of 4,000 consumers.
The report suggests that home buyers can be influenced by a name even before they have...
Rosie Murray-West writes an interesting article in today's Telegraph giving useful advice to would-be first time-buyers.
She comments that first-time buyers will have to ask themselves some serious questions before they take the great leap into property ownership. Analysts have comment that the falling property market has yet to find its floor (see our blog 7th April). Although interest...
The market for farmland continues to rise as prices hit an all time high.
According to Dr Jason Beedell, head of research at Smiths Gore, demand continues to outstrip supply.
“Farmland prices rose by 4 per cent in the first quarter of 2011 to an all time high of £7,900 per acre, showing the strength of the market compared with others, such as the housing market, which is still weak,” said Dr Beedell.
At the end...
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