Enquiries from new buyers, new instructions from those wanting to sell, and agreed sales in the housing market, have once more declined in May, according to the latest RICS UK Residential Market Survey. In addition, price growth also lost momentum and is predicted to slow further over the next three months. Although a fall in …
Tag Archives: uk Property market
UK house prices to rise 6 per cent by 2021, says Barclays
New research released by Barclays, the Barclays UK Property Predictor, provides a three-to-five year forecast of investment hotspots on the residential property market, revealing the areas across the UK where house prices and rental incomes are expected to rise. The research uses factors including rental trends, employment levels and commuter behaviour as well as current …
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UK mortgage approvals decrease in April
The BBA’s latest high street banking data shows that consumer credit growth was 6.4% in April, compared with 6.1% in the previous month. Gross mortgage borrowing totalled £13.4 billion in April.* Net mortgage borrowing was 2.4% higher than a year ago. Eric Leenders, BBA Managing Director for Retail Banking said: “As the Spring sunshine picked …
Fitch affirms UK building societies following peer review
Fitch has affirmed the ratings of five UK building societies following a periodic review. The building societies, Coventry Building Society (A/Stable/F1), Yorkshire Building Society (A-/Stable/F1), Skipton Building Society (A-/Stable/F1), Leeds Building Society (A-/Stable/F1) and Principality Building Society (BBB+/Stable/F2), together accounted for over 10% of gross mortgage lending in the UK in 2016. The affirmation of …
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Top 10 towns in the UK where house prices have grown fastest , according to Leaders
House prices are still rising across the UK as the property market continues to display strength, resilience and prosperity – but which towns and cities have recorded the largest gains of all? National estate agents Leaders has compared Zoopla data for all 122 locations in which it operates a branch and has identified Godalming as …
UK rents expected to increase by in excess of 20 pct over the next five years, says RICS survey
The UK’s most vulnerable tenants are being pushed out of the private rental market, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey. New figures show that around one-third of respondents believe that access to private rented properties had fallen among people on housing benefits. Recent caps to housing benefits were …
Zoopla Property Group to acquire Hometrack
Zoopla Property Group (ZPG) announced that it has agreed to acquire Hometrack.co.uk Limited (“Hometrack”), the UK’s leading provider of residential property market insights and analytics. Established in 1999, Hometrack is the UK’s #1 automated valuation model (AVM) provider and one of the leading AVM providers in Australia, generating over 20 million automated property valuations per annum. …
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MSCI : UK property values decline in quarter post EU referendum
UK property market delivered a total return of -1.2% in the third quarter of 2016, according to the MSCI’s IPD UK Quarterly Property Index. This takes the 12-month total return to September 2016 to 4.2%, a low not seen since March 2013. This is the first quarterly decline recorded since June 2009, and follows the …
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Transaction volume in Manchester’s office investment market reaches £304 million in H1 2016, says Savills
Transaction volumes in Manchester’s office investment market totalled £304 million in H1 2016, marking an 8% increase on the £282 million seen in the same period last year and 3% higher than the five year first half average of £295 million, according to international real estate advisor Savills. The firm’s latest Spotlight: Manchester Office Market …
Average London house price will surpass £1m by 2030, says new research
Emoov, UK’s online estate agent, has released its latest research about the UK property market which reveals what the average house price across England, Scotland and Wales could look like by 2030. UK property values between 2000 and 2015 increased by 84%. The research team applied the same increase across each borough of the capital, …
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