Phil Spencer: How to fight your way out of a housing market slowdown
With the credit crunch squeezing and the cloud of a downturn in house prices looming, the property market has become an unpredictable place. Sellers cower at home waiting for the storm to pass, while all but the boldest of buyers are holding onto their cash until they see what is happening with interest rates and […]
Buy to let is booming in Brighton
Brighton continues to offer something distinctly different for property investors, reports a property advisory company.
While cities such as Manchester like to proclaim themselves regional capitals and alternatives to London, Brighton does the opposite, basing much of its appeal on being accessible from the capital and having a London atmosphere.
At the same time, it offers coastal […]
House prices continue to fall
House price inflation in England and Wales dropped sharply in December, according to the Land Registry.
Average prices fell by 0.4% in December, bringing the annual inflation rate down from 8.1% in November to 6.7% last month.
The December fall was the first decline recorded by the Land Registry since August 2005, although prices grew in three […]
Value of Britain’s homes hits new record
Britain’s private housing stock is valued at a record four trillion pounds after house prices grew by almost a tenth last year, new figures show.
Halifax, the country’s largest mortgage lender, said the value of the housing stock had risen 9 percent during 2007 and more than tripled in the past decade - from 1.3 trillion […]
House prices fall down to 1990s level
The number of chartered surveyors reporting house price falls has reached levels last seen during the early nineties house price crash, new figures show.
The Royal Institution of Chartered Surveyors (Rics) said 49.1% more chartered surveyors said house prices fell during December than those who reported a rise, the lowest figure since November 1992.
At the same […]
