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....Researchers analysed how much UK house prices have risen or fallen since March 2009, by looking at average house prices in 100 UK towns and cities between March 2009 and April 2017 to find homeowners recording rocketing price rises. The South East has fared particularly well, with seven of the 10 biggest property price rises since March 2009. ... [Read full article on Daily Express ]
Wednesday 21st of June 2017 12:01:00 AM
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.... It has had the last laugh, though. The signs of Cambridge’s astonishing new economic success come in the shape of gargantuan science parks and property prices only just the right side of London’s. ... [Read full article on Guardian ]
Friday 23rd of June 2017 03:30:33 PM
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Latest Finance News related to Property Price

Let’s move to Cambridge: ‘Ancient university and biotech boom town’ image
.... It has had the last laugh, though. The signs of Cambridge’s astonishing new economic success come in the shape of gargantuan science parks and property prices only just the right side of London’s. ...
Record low interest rates send house prices SOARING for homeowners image
Source : Daily Express [Read Article] Wednesday 21st of June 2017 12:01:00 AM
....Researchers analysed how much UK house prices have risen or fallen since March 2009, by looking at average house prices in 100 UK towns and cities between March 2009 and April 2017 to find homeowners recording rocketing price rises. The South East has fared particularly well, with seven of the 10 biggest property price rises since March 2009. ...
Wealth gap rises as home ownership falls, says study image
Source : Guardian [Read Article] Saturday 17th of June 2017 07:06:21 PM
....64. The fall was driven by high and rising home ownership, with more households benefiting from the pre-crisis property price boom. ...
Taxman has his sights on Bank of Mum and Dad as complex rules increase  image
Source : Daily Express [Read Article] Wednesday 14th of June 2017 08:15:00 AM
.... The Bank of Mum and Dad – and Gran and Grandad – risks falling foul of rules on gifting and inheritance tax, according to Key Retirement. Dean Mirfin ,technical director, said that as the financial squeeze on younger generations worsens it makes sense that people want to help their family now rather than waiting until their death: “With rising student loans and property prices , younger generations need a helping hand more than ever. ...
Jeremy Corbyn's Land Value Tax: Labour's garden tax will see house prices CRASH image
....Falling house prices would give first-time buyers the opportunity to get on to the property ladder, said the LLC, which is backed by shadow chancellor John McDonnell. It wrote: "Lower property prices would make house ownership possible for a whole new group of people - it might not be inaccurate to say for a whole new generation. ...
House price growth cools further in May, says Halifax image
Source : BBC [Read Article] Wednesday 7th of June 2017 07:54:52 AM
....Over the last three months there has been virtually no change in prices, the Halifax said. Since March property prices have fallen by 0. ...
Average UK rents fall for first time in more than seven years image
Source : Guardian [Read Article] Tuesday 6th of June 2017 05:01:14 AM
....Average UK rents have fallen for the first time in more than seven years, with London seeing the biggest decline, according to new data. The slowdown in the rental sector mirrors a similar picture in the housing market, with figures showing that property prices have fallen for the third month in a row. ...
HSBC cash sweetener aims to entice staff to new Birmingham HQ image
Source : Guardian [Read Article] Sunday 4th of June 2017 03:56:29 PM
....The reluctance of the bank’s staff to move to the Midlands comes despite much lower house prices and a cheaper cost of living in Birmingham compared with London. According to the property prices index provided by Hometrack the average home in Birmingham costs £152,000, less than a third of the average price in London. ...
UK house prices fall for third month in a row for first time since financial crisis image
.... It showed a 0. 1% fall in April, taking the average property price to £219,649 – nearly £3,000 below the peak in December 2016. ...
Labour plans inheritance tax raid: Jeremy Corbyn sets his sights on YOUR inheritance image
....However, anyone banking on an inheritance to get on in life could see their hopes dashed if Jeremy Corbyn's Labour Party wins next week's election, as it is planning an inheritance tax (IHT) raid. Rising property prices and stock markets mean that older people are now vastly wealthier than the younger generation, according to research from estate administration specialists Kings Court Trust. ...
Brighter skies over eurozone as growth and employment pick up image
Source : Guardian [Read Article] Saturday 27th of May 2017 03:00:30 PM
....The housing market has also recovered. But one important source of support for property prices appears to be declining: no other nationality buys as much property in Spain as the British, and sales have slumped since the Brexit vote hit the value of the pound. ...
Sandbanks and Salcombe top UK seaside property league image
Source : Guardian [Read Article] Saturday 27th of May 2017 06:01:20 AM
.... Prices in Fraserburgh, near Aberdeen, almost doubled to more than £136,000 in 2016. “The strongest performing coastal towns in terms of growth have been north of the border in Scotland, where property prices on the Aberdeenshire coastline have been helped by the oil industry more than the sunshine,” Ellis said. ...
The fishing port where the catch is soaring house prices image
Source : BBC [Read Article] Friday 26th of May 2017 09:16:27 PM
....On average, the cost of a home by the sea rose by 25% during the last decade, or £382 a month, the Halifax said. "The strongest-performing coastal towns in terms of growth have been in north of the border in Scotland, where property prices on the Aberdeenshire coastline have been helped by the oil industry more than the sunshine," said Martin Ellis, Halifax's chief economist. ...
These are the five things you must do when buying property abroad image
Source : Daily Express [Read Article] Wednesday 17th of May 2017 12:00:00 AM
....If prices are currently at a low point it may be a good time to buy as your property should appreciate in value over the years - although you may wish to further investigate any root causes of the drop in property values. Conversely, if property prices are currently at their highest levels for several years you have to consider how likely it is that you would be able to turn a profit in the future. ...
Stop spending money on avocados? Good idea, I’ll have a house deposit by 2117 | Rhiannon Lucy Cosslett image
.... Instead of truly examining the social and economic forces that lock young people out of the property market, why not focus on our expenditure? Never mind that, for most young people, it would take over a century of skipping their luxurious monthly brunch in order to get a mortgage for a poky starter home. Never mind that older generations had access to free or heavily discounted education, cheap property prices and stable, unionised employment, or the fact that their breakfast options were severely limited (this, I believe, is why they focus on brunch and not, say, your Netflix subscription. ...
How to be on the winning side as mortgage war hots up image
Source : Guardian [Read Article] Monday 15th of May 2017 06:00:37 AM
.... “With low mortgage rates, buy to let can still be an attractive investment, especially if bought through a limited company, but not everyone wants to devote the time necessary to run what is a business,” says Boulger. “Buy to let has to be looked at as a long-term investment and it will appeal most to those who expect to see property prices rise over the next few years. ...
'Stagnant' buyer demand puts the brakes on UK housing market image
Source : Guardian [Read Article] Wednesday 10th of May 2017 11:01:33 PM
.... This finding follows a recent claim from a leading property-finding firm that the once super-heated central London market had turned into a “burnt-out core”. The Rics members surveyed predicted that UK property price inflation would slow during the next three months, but despite this, they were anticipating that all parts of the country would see some growth in prices during the next 12 months. ...
Inheritance tax: Four in five over-55s at risk of brutal death bills image
Source : Daily Express [Read Article] Friday 5th of May 2017 04:06:00 PM
. Rising property prices, on top of increased pension wealth, mean the baby boomer generation is in a position to pass on significant assets to their loved ones. ...
Buy a home, get a car free: offers galore as London estate agents struggle to sell image
....House prices have begun to fall nationally – Nationwide said typical prices fell in both March and April – and the steepest drops have been seen in London. Land Registry figures show that in the heart of the city’s financial district, average property prices plummeted from £861,000 at the time of the EU referendum to £773,000 in February, a decline of 15%, although in London’s outer boroughs prices are still up over the year. ...
Wealthy feel pinch of housing costs as one in four Australians face mortgage stress image
....Households in Toorak and Bondi, prestigious pockets of affluence in Australia’s biggest cities, have made the list of those struggling to meet repayments amid rising costs and stagnating wages, research firm Digital Finance Analytics has found. The firm’s principal, Martin North, said it was surprising new evidence showed that financial distress from property price surges reached beyond “the battlers and the mortgage belt” and was a “much broader and much more significant problem”. ...
Pensioners will carry on hoarding cash if state won’t step in image
Source : Guardian [Read Article] Saturday 29th of April 2017 04:00:03 PM
. The row brewing over the state pension triple lock plays into a wider debate about incomes and wealth in old age and how, as a society, we adapt to the escalating costs of improved life expectancy, increasing care costs and, crucially, property prices. ...
Weak pound melts the British dream of a place in the sun image
Source : Guardian [Read Article] Friday 28th of April 2017 04:03:49 PM
.... Andreas Tilley at Buy Sell Cyprus, one of the biggest property companies on the island, said: “We saw interest return in 2015 and in the last 45 days it’s been very busy. ” Many buyers viewed Cyprus as a good investment, he said, because property prices had plummeted by as much as 35% but were now very much on the rebound. ...
British consumers' confidence slumps as inflation grows image
Source : Guardian [Read Article] Friday 28th of April 2017 06:01:03 AM
....Wage growth has fallen behind inflation, leaving people worse off in real terms and denting consumer spending, a key driver of the UK economy. YouGov bases its consumer confidence survey on 6,000 interviews a month, asking about household finances, property prices, job security and business activity, over the past 30 days and looking ahead to the next 12 months. ...
Asking prices for homes rise to record average of £313,655 image
Source : Guardian [Read Article] Monday 24th of April 2017 06:00:04 AM
....Eastern England has seen the strongest growth over the last year, with a 5. 3% uplift taking the average property price there to £349,269. ...
Snap election delays £300m relief package for small businesses image
Source : Guardian [Read Article] Saturday 22nd of April 2017 09:48:24 AM
....Thousands of small businesses hit hardest by the recent changes to business rates in the UK have been dealt a fresh blow after a £300m relief package promised in the budget was waylaid by the general election. Earlier this year the government came under pressure to take action on business rates after a revaluation of property in Britain hit the owners of shops, restaurants and pubs in parts of the country where property prices had surged. ...
Let’s move to the Isle of Portland, Dorset: ‘It has its fair share of oddity’ image
.... Great crab sandwiches at the Lobster Pot. Wonderful walks, brilliant bird-watching, enticing property prices. ...
Tesco to save £105m in business rates after property revaluation image
Source : Guardian [Read Article] Sunday 16th of April 2017 05:12:13 PM
....Tesco will see the business rates bill for its biggest stores fall by £105m over the next five years, highlighting another anomaly created by the controversial tax. Earlier this year, the government came under pressure to take action on business rates after a revaluation of property in Britain hit independent shopkeepers hard in parts of the country where property prices had surged. ...
Let’s move to Crediton, Devon: ‘Its day will come again’ image
Source : Guardian [Read Article] Friday 14th of April 2017 03:30:00 PM
....com. Frank Gent “Unpretentious, good links to Exeter, reasonable property prices. ...
The older expats facing poverty – thanks to Brexit and frozen pensions image
Source : Guardian [Read Article] Wednesday 12th of April 2017 06:00:27 AM
....Gale warns that these pensioners are trapped: they can’t sell their properties for what they paid for them, “because the sort of properties expats buy aren’t wanted by the local population”. They can’t buy homes back in the UK, because property prices have soared since they left. ...
House price growth hits lowest level since 2013 – but here’s why crash looks unlikely image
....5 per cent. Experts said sky-high values have made it more difficult for people to buy a home, as wages have not kept pace, which is now keeping property price rises in check. ...
New inheritance tax rules: How to avoid death duty with new allowance  image
Source : Daily Express [Read Article] Wednesday 5th of April 2017 03:19:00 PM
.... "The change is designed to help children avoid selling a family home to pay inheritance tax. “The IHT threshold has not nearly kept pace with the rapid rise in property prices. ...
Sydney property prices rise almost 20% in past 12 months image
Source : Guardian [Read Article] Monday 3rd of April 2017 03:08:56 AM
. Sydney property prices have increased by almost 20% in just 12 months, putting the city at the front of a nationwide trend that has seen dwelling values increase by 12. ...
Lifetime ISA 2017: Seven reasons to transfer money from Help to Buy ISA to Lifetime ISA image
....“The Lifetime ISA can be used to purchase a first home worth up to £450,000 in the UK. The property price for a Help to Buy ISA is capped at £250,000 (£450,000 in London). ...
Contrasting fortunes for island property image
Source : BBC [Read Article] Tuesday 21st of March 2017 11:23:51 AM
. House prices in the Scottish isles have witnessed contrasting fortunes in the past year - putting them at extreme ends of UK property price movements. ...
Hammond seems to be expecting business rates storm to just blow over image
Source : Guardian [Read Article] Wednesday 8th of March 2017 07:42:51 PM
....This package may address many of the cases of looming hardship among small shops and restaurants, especially in the south-east, facing three or fourfold increases in their business rates. But it does little or nothing for those pubs, especially in London, where takings have not soared alongside property prices. ...
Foxtons sees property sales plunge as Brexit vote hits image
Source : BBC [Read Article] Wednesday 8th of March 2017 08:06:35 AM
Buy-to-let landlords face huge tax increase from new law image
Source : Daily Express [Read Article] Sunday 5th of March 2017 12:01:00 AM
....There has already been a sharp slowdown in the buy-to-let sector with the number of landlord loans down 21 per cent last year, according to the Council of Mortgage Lenders. Andrews says this has knocked London property prices and the slowdown could ripple across the country. ...
Five-minute guide to the new 'death tax' coming into force next May image
Source : Daily Express [Read Article] Sunday 5th of March 2017 12:01:00 AM
....Estates worth up to £300,000 pay a higher fee of £300, while estates worth between £300,000 and £500,000 will pay £1,000. With the average price for a property now £219,544, according to the Land Registry, more and more families will face a much higher charge, especially in London, where average property prices are just below that threshold. ...
Let’s move to Hither Green, London: ‘Good schools, train links and parks’ image
.... Hither Green is one of those plum breeding grounds for Londoners priced out of Peckham, gentrified out of Greenwich. Good schools; good train links; lovely parks; not cheap, but the lesser of all local property price evils; and ice-cream. ...
Oxford once again tops list of UK's least affordable places to live image
Source : Guardian [Read Article] Saturday 25th of February 2017 08:01:06 AM
....At the other end of the scale, the former Scottish capital of Stirling is the UK’s most affordable city. At £173,847, the average property price is just 3. ...
'The pips are squeaking!' image
Source : BBC [Read Article] Friday 24th of February 2017 09:44:16 PM
Sajid Javid: Budget help for firms hit by rates rise image
Source : BBC [Read Article] Wednesday 22nd of February 2017 08:42:17 PM
....At Prime Minister's Questions earlier, Theresa May was asked about the changes by Green Party MP Caroline Lucas, who said the changes would "devastate" the economy in her Brighton Pavilion constituency. The prime minister said it was "right" for rates to change to reflect changing property prices, saying the system was underpinned by fairness. ...
Ministers expected to soften impact of business rate changes image
Source : Guardian [Read Article] Tuesday 21st of February 2017 09:03:22 PM
....Beleaguered cabinet ministers are expected to take steps to ameliorate the impact on the companies hit hardest by a shake-up in business rates that has fuelled a backlash among Conservative MPs. Communities secretary Sajid Javid is likely to join the chancellor, Philip Hammond, in adopting a more empathetic tone about the anger triggered by the decision to revaluate the rates based on updated property prices. ...
Business rate rises: government warns of 'campaign of half-truths' image
Source : Guardian [Read Article] Tuesday 21st of February 2017 09:22:16 AM
....After the meeting with Conservative MPs, Treasury sources said Hammond told them he was also aware of the challenges of the growing digital economy, amid warnings that smaller shops could go under as a result of increases, while the online retail giant Amazon would enjoy a cut in the tax bill paid for its warehouses. New rates will be set by the Valuation Office Agency in the coming weeks, and rates are due to rise unusually sharply in areas where property prices have increased rapidly in recent years. ...
Hammond in ‘listening mode’ on business rates after backlash from Tories image
....The chancellor told his party’s influential 1922 committee that he was in “listening mode” over the policy, which will see rates rise by 13% in his own Runnymede and Weybridge constituency. Theresa May’s Maidenhead seat is also affected by a shakeup in the way the tax is calculated, using a revaluation of property prices, in a move that has triggered an outcry in parts of the business community and in the media. ...
A stock market crash is a way off, but this boom will turn to bust | Larry Elliott image
....The current changes are proving particularly controversial. Business rates are an annual tax on commercial properties based on their rental value and the latest uprating is based on changes in property prices since 2008. ...
Treasury hits back at 'scaremongering' over business rate changes image
Source : Guardian [Read Article] Thursday 16th of February 2017 06:01:33 AM
....The government is facing mounting calls for a rethink after warnings from some shops and other businesses, particularly in London, about the crippling effect of the revaluation which comes into force in April. New rates will be set by the Valuation Office Agency in the coming weeks, and rates are set to rise unusually sharply in areas where property prices have increased sharply. ...
Government willing to admit UK housing market is
Source : Daily Express [Read Article] Sunday 12th of February 2017 12:01:00 AM
.... The surging UK population and rock-bottom interest rates have driven prices to dizzying levels, forcing buyers to over-extend themselves and risk losing all in a property crash. This state of affairs cannot go on forever and it looks like it might soon change, as property prices fell £2,000 in January, according to Halifax. ...
Housing crisis: the empty nester's guide to downsizing image
Source : Guardian [Read Article] Wednesday 8th of February 2017 06:36:21 PM
....“It was less stressful than we thought it would be,” says Linda. But she says this is also because of the “crazy” property prices in London. ...
Theresa May to offer more security for renters image
Source : Guardian [Read Article] Saturday 4th of February 2017 11:44:42 PM
....A major shift in Tory housing policy in favour of people who rent will be announced by ministers this week as Theresa May’s government admits that home ownership is now out of reach for millions of families. In a departure from her predecessor David Cameron, who focused on advancing Margaret Thatcher’s ambition for a “home-owning democracy”, a white paper will aim to deliver more affordable and secure rental deals, and threaten tougher action against rogue landlords, for the millions of families unable to buy because of sky-high property prices. ...
Frankfurt prepares for Brexit bankers: 'Maybe our city will change them' image
Source : Guardian [Read Article] Friday 27th of January 2017 07:15:19 AM
....A recent survey of 360 London bankers by the Boston Consulting Group put Frankfurt in a prime position, ahead of rivals such as Paris, Amsterdam, Dublin or Luxembourg. Its advantages were its central location, sophisticated infrastructure and property prices considerably lower than in London or Paris. ...
Jeanette Winterson to close London shop due to business rates surge image
Source : Guardian [Read Article] Monday 23rd of January 2017 07:01:42 PM
....“They are going around saying: ‘Well, 70% of businesses in England will benefit’, the usual headline stuff, which is technically true, except that most high streets are boarded up and loads of businesses that are not in thriving cities are suffering. “London is going to be particularly hard hit because property prices have continued to rise. ...
UK's new towns surpass national average for house price growth image
Source : Guardian [Read Article] Monday 23rd of January 2017 12:01:18 AM
....House price growth in Britain’s new towns has outperformed the national average over the past decade, a report has found. Milton Keynes, which is celebrating its 50th birthday, was identified as the best-performing new town for property price growth over the last 30 years. ...
House prices in the South East FALL amid Southern Rail chaos image
Source : Daily Express [Read Article] Tuesday 17th of January 2017 04:51:00 PM
.... Alex Gosling, chief executive at HouseSimple. com, said: "November was a strong month for property prices, which goes against all the predictions that prices would stutter in the months following the EU vote. ...
First-time home buyers at highest level since 2007, Halifax says image
Source : BBC [Read Article] Friday 13th of January 2017 01:35:41 AM
.... . Rising property prices also mean that first-time buyers are increasingly taking out longer mortgages. ...
House price inflation picks up with Luton the 2016 hotspot, Halifax says image
....The average house in Luton increased in price by £41,700 during 2016, to £256,636. The Halifax said the main reason was that the town is within easy commuting distance of London, but still has relatively low property prices. ...
Why we must make homes truly affordable for our key workers image
Source : Guardian [Read Article] Saturday 7th of January 2017 07:00:12 AM
.... Transport costs and long journey times mean that, say, a nurse living in Barking and Dagenham but commuting to St Thomas’ Hospital in central London may well look for employment closer to home, which means healthy competition for key worker jobs, talent and diversity disappears from the inner boroughs. As faster and more regular transport connections open up, Greater London, property price growth in even the more affordable locations has started to speed up. ...
Inheritance tax is toxic. We need new ways to tackle inequality | Polly Toynbee image
....George Osborne left behind a lavish legacy for the rich that sees the inheritance tax threshold rising year by year, to £1m by 2020. There was not a whisper in Philip Hammond’s autumn statement that he intends to stop that, or to look for other ways to redress this growing wealth gap, mainly the result of the insane property price boom over recent decades. ...
Top London property prices 'pushed down by taxes and Brexit vote' image
Source : Guardian [Read Article] Thursday 5th of January 2017 11:24:11 AM
. Higher taxes and jitters over the EU referendum pushed down high-end London property prices last year as sellers accepted more “realistic” offers, according to upmarket estate agent Savills. ...
Cuadrilla starts work on Lancashire fracking site image
Source : Guardian [Read Article] Thursday 5th of January 2017 11:06:04 AM
....”. Cuadrilla and Friends of the Earth have clashed before, and this week the green group informally agreed with the advertising watchdog not to repeat claims it had made in an anti-fracking leaflet about the effects of fracking on the health of local populations, drinking water or property prices. ...
Campaign group rapped over fracking claims image
Source : BBC [Read Article] Wednesday 4th of January 2017 01:35:12 AM
....The watchdog said it has "informally resolved" the case after FOE "agreed not to repeat the claims, or claims that had the same meaning". A spokesman for the ASA said the advert "must not appear again in its current form" and the FOE must "not make claims about the likely effects of fracking on the health of local populations, drinking water, or property prices in the absence of adequate evidence". ...
Celebrity deaths: Stars highlight the inheritance tax risk image
Source : Daily Express [Read Article] Wednesday 4th of January 2017 12:01:00 AM
....” . Passing on family wealth is more important than ever, as youngsters struggle with student debt and sky-high property prices. ...
New year resolutions to help you handle your money in 2017 image
Source : Daily Express [Read Article] Sunday 1st of January 2017 05:41:00 PM
....The inheritance tax allowance has been frozen at £325,000 for seven years, or £650,000 for married couples. From April an additional “family home allowance” of £100,000 can be passed on to children or grandchildren, but as UK property prices have jumped by more than a third since 2009, Banks says: “More families are being dragged into the tax net, and need to start planning to reduce their liability. ...
House price growth stable in 2016, says Nationwide image
Source : BBC [Read Article] Thursday 29th of December 2016 08:16:04 AM
....Rob Weaver, director of investments at property crowdfunding platform Property Partner, said: "The proverbial kitchen sink has been thrown at the housing market during 2016 - namely Brexit uncertainty and multiple tax changes - but prices are still creeping up. "Admittedly, there's been an easing off in the rate of property price growth but what seems clear is that the market has remained resilient and is stable, particularly when compared to other investments. ...
London's Eaton Square most expensive place to buy home in Britain image
Source : BBC [Read Article] Friday 23rd of December 2016 12:04:06 AM
....The Belgravia address tops a list that shows every English region now contains "million pound" streets. Research by Lloyds Bank also shows the most expensive street in Wales is Llandudno's Llys Helyg Drive, with an average property price of £1. ...
Housing worries image
Source : BBC [Read Article] Thursday 15th of December 2016 12:28:11 AM
....On her break, Yilin says she'd love to buy an apartment, but there's no way she can afford one on her salary. "As everybody knows in China now, property prices are so high. ...
Another London pop-up: the project that could ease the housing crisis image
Source : Guardian [Read Article] Wednesday 14th of December 2016 02:46:42 PM
....”. Councils across the country are struggling to get people off their housing lists and into permanent accommodation, faced with rapidly rising property prices and rents, and the loss of social housing through the right-to-buy scheme. ...
Could Trump's chest-thumping over China trigger a trade war? image
Source : Guardian [Read Article] Saturday 10th of December 2016 10:00:11 AM
....While both sides would suffer, China’s economy is more reliant on US exports and a serious spat would rock the economy at a time of sluggish growth. Household debt has soared as property prices have increased, and millions of workers are set to lose their jobs as the government seeks to rebalance the economy away from state-led investments. ...
How a healthy buy-to-let profit could soon become a painful loss image
Source : Guardian [Read Article] Saturday 10th of December 2016 07:00:07 AM
....5%, that would also result in a thumping loss, as shown in the table. “This example provides insight into a previously profitable venture that becomes loss-making, that will need to be bailed out down the line, either by higher rental yields or large property price rises, neither of which are certain,” says Sofat of her table. ...
Housing market faces slow start to 2017, says Rics image
Source : BBC [Read Article] Thursday 8th of December 2016 12:23:27 AM
.... . The Halifax did say that property price rises had accelerated in November, a picture mirrored by Rics which said a net balance of 30% of surveyors reported house prices rising rather than falling in November. ...
Faster house price growth in November, says the Halifax image
Source : BBC [Read Article] Wednesday 7th of December 2016 09:44:51 AM
....Annual growth in UK house prices accelerated for the first time in eight months in November, a lender's figures show. The Halifax, part of Lloyds Banking Group, said property prices had risen by 6% compared with a year ago. ...
Home truths: house price rises to slow to trickle as Brexit and stamp duty hit image
.... Its capital Kirkwall (population 9,000), 530 miles from London (population nearly 9 million) topped the price rise table, while the London Borough of Westminster flopped towards the bottom. At £143,839, the average property price on the islands is still well below the UK average of £217,888, never mind Westminster’s £961,686. ...
China's property frenzy and surging debt raises red flag for economy image
Source : Guardian [Read Article] Sunday 27th of November 2016 06:52:01 AM
....5% in the third quarter of 2016, more than twice the share of the year before. But this surge has raised fears that a sharp drop in property prices would cause many new loans to go bad, causing a domino effect on interest rates, exchange rates and commodity prices that “could turn out to be a global macro event”, ANZ analysts said in a note. ...
Let’s move to St Albans: its beer festival is a sight to behold image
Source : Guardian [Read Article] Friday 25th of November 2016 04:30:07 PM
.... This is where I began life in a starter home on a suburban cul-de-sac at the edge of town. Four decades on, though, there’s only one teeny tiny problem: the property prices. ...

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