House Prices
House prices increased 1.4% in November
House prices rose by 1.4% in November, according to the latest Halifax House Price Index. Prices increased for the fifth consecutive month with the average house price up by 4.2% (£6,803) in the first eleven months of 2009.
Mansion tax will hit London and South East home owners hardest
The Liberal Democrats’ proposed mansion tax on £2m properties would raise £1.05bn and hit 32,500 homeowners, according to new research from property website Zoopla.co.uk. The website analysed all the properties in the country valued over the £2m threshold and calculated how much tax would be raised.
NAEA & ARLA welcome Labour backbench call for Stamp Duty “holiday” extension
A group of Labour MPs have put pressure on the Government to extend the current stamp duty exemption for properties under the £175,000 threshold - issuing an Early Day Motion on the issue.
RICS: Nationwide October house price data
Commenting on the Nationwide house price data: "The Nationwide house price index has risen for seven consecutive months and now stands just 12.5% away from its October 2007 high. A key driver of the rebound in prices has been the lack of new instructions coming onto the market.
House prices edge up further in November
House prices rose by 0.5% in November, the same rate as in October, according to figures from the Nationwide Building Society.
Confidence still strong among HIPPIES
The original 1960s hippies celebrated flower power, but as this generation approaches retirement, a new ‘HIPpy' spirit has taken hold.
Property website predicts 2-3% price growth for new homes market in 2010
New home prices are set to rise by approximately 2 - 3% in 2010, predicts SmartNewHomes.com, with the shortage of supply and growing consumer confidence supporting values as the market continues its tentative recovery.
Prime property outperforms mainstream market despite seasonal lull
The upper end of the UK’s property market has significantly outperformed the wider housing market over the past year, according to the new Primelocation.com Prime Index.
RICS: Land Registry October house price data
Commenting on the latest Land Registry figures published today, Oliver Gilmartin RICS senior economist said: "House prices continued to move higher by 0.6% at a national level consistent with all the major indices with the level of transactions continuing to improve.
October house prices up 0.6 per cent
The October data from Land Registry's flagship House Price Index shows a positive monthly house price change of 0.6 per cent, which is the fifth month in a row in which the movement has been above nought per cent.
Days of rental bargains numbered as price recovery continues
Tenants who have managed to negotiate rental discounts or taken the opportunity to trade up over the last eighteen months should prepare for the return of a landlord’s market, says FindaProperty.com.
High performing schools add value to house prices
High performing primary schools add value to property prices across all regions, according to the Nationwide Building Society.
Who wants to be a property millionaire?
To coincide with the 15th anniversary of the launch of the National Lottery, HSBC – UK mortgage lender - has analysed Land Registry data in England and Wales relating to million pound property sales over the past 15 years.
Scottish housing market on the up
The worst of the housing market downturn is now past with some areas of Scotland showing price increases, according to the latest Scottish House Price Monitor from Lloyds TSB Scotland.
Timing and research - the keys to property investment success
With property prices increasing for the fourth consecutive month, now is the time to consider investing in bricks and mortar say experts at Edinburgh property investment and management property specialists Cullen Property.