Housing market shows signs of recovery
The housing market in England and Wales is showing signs of recovery, according to new data from e.surv. Contact us today to speak with a specialist Commercial Mortgages Broker to discuss how we can assist you. The average sale price of a home climbed nearly £1,500 (0.4%) to £360,175 in June, the strongest performance for almost a year. […]
UK house prices edge higher in sign of stability after downturn
UK HOME prices rose for a second straight month in April, according to official data, suggesting the housing market is stabilising after a dip last year. Contact us today to speak with a specialist Commercial Mortgages Broker to discuss how we can assist you. The average price of a home rose to £281,000 (S$482,970), a 1.1 per cent […]
London postcodes remain priciest for property sales
The latest research by London lettings and estate agent, Benham and Reeves shows that the W1K postcode of Westminster sits top of the table as the nation’s priciest so far in 2023. Since the start of the year, the average home sold in the postcode has gone for a staggering £8m. Westminster also accounts for […]
House prices: What happens when they fall?
Annual house price growth has slowed, and the latest monthly figures show a fall, according to Nationwide. It follows the Bank of England’s decision to increase interest rates to 3%, meaning higher mortgage costs for many. Further rate rises are expected. What is happening to house prices?In the last two years, prices rose steeply – […]
Housebuilding surges but insufficient housing supply continues to drive up house prices
The number of sites being developed for new homes increased 15% in the second quarter of the year compared to the corresponding period in 2021, the latest data shows. Figures from the Office for National Statistics reveal a sharp rise in housebuilding starts in April to June of this year, with 51,730 homes under construction. […]
House prices will continue to rise, says property expert
Demand will outstrip supply as house prices continue to rise, according to a local property expert. Keith Moseley, the owner of X-Press Legal Services Staffordshire and West Midlands, predicts another lively year in the sector. However, he says, it’s not all bad news, with these factors supporting a resilient market, complemented by the continuation of […]
House prices boom across West Midlands as lockdown eases
Homes in the West Midlands are going for as much as £30,000 more than their asking prices as the housing market in the region booms after the coronavirus lockdown. Nationally, the cost of a house in the UK rose by a little over £3,000 last month as the property market hit new highs – with […]