Property Market
First-time buyer home affordability improved in 2008
The proportion of local authorities (LAs) in the UK where housing is affordable for a first-time buyer (FTB) more than trebled in 2008, according to the Halifax First-Time Buyer (FTB) Affordability Review.
House prices drop 1.9% in November
House prices in England and Wales fell by 1.9 per cent in November and 12.2% annually, according to latest figures from Land Registry.
Bounce in house prices could be as steep as fall
The next 12 months could make or break the UK housing market, according to the National Association of Estate Agents.
House prices to remain depressed in 2009
House prices look set to fall further in 2009, resulting in a peak to trough price decline of at least 25 percent, according to the latest RICS' housing market forecast.
Interest rate cuts a positive move for Miller
One of the UK's largest housebuilders has hit back at critics who are claiming that 2009 will hold more misery for British homeowners wanting to sell. According to Miller Homes, the industry's Major Housebuilder of the Year, they are now seeing a number of signs that confidence is slowly, but surely, returning to the housing market - not least the pledge by HSBC to increase the amount of money it lends to Britons for mortgages by 20% next year.
Your portfolio starts here
According to major banks, house prices have dropped 16.1 per cent in the last year, and are now at the lowest they've ever been. With Charles Church Wales offering a choice of homes to suit all types of tenant, now could be the perfect time to invest in a rental property.
New Year moving solutions from Charles Church
If you've made a New Year's resolution to move house or buy your first home but are concerned about the current economic climate throughout the country, look no further than Charles Church. This renowned housebuilder has the solution, with schemes available to assist you and tailor made offers specifically designed with your needs in mind.
A guide to the country’s best new home deals
Housebuilders throughout the country are currently offering some of the best opportunities for homebuyers to get on the property ladder seen in recent years, with thousands of deals available to help make home buying more affordable and accessible.
Propertyfinder.com’s 2009 Property Market Forecast
The outlook for 2009 is more positive than 2008. We do expect prices to continue to fall, by around 12%, although exact price falls will depend on the extent to which the mortgage markets improve. Most importantly, we think the worst is already over in terms of transactions.
Dollar earners could be the saviours of UK property market
With sterling falling by 28% against the dollar since its height in November 2007 and UK house prices having diminished by around 20%, dollar earning ex-pats could now benefit from a discount of over 40% on the price of a home in Britain, according to The County Homesearch Company, the UK’s largest network of home-finding agents.
Grammar schools attract home movers as credit crunch bites
Locations which boast some of the nation’s top performing grammar schools are proving increasingly popular with home movers, as the economic uncertainty forces parents to seek alternatives to private school, according to data from Moveme.com.
On the twelfth day of Christmas, my landlord sent to me
The National Landlords Association (NLA), the leading representative body for private-residential landlords in the UK, has published its end of year review of the key events from 2008.
House prices continue to plummet - but finally signs of hope
House prices across the UK plummeted in November, according to the monthly market report from the National Association of Estate Agents (NAEA).
More buyers look to enter property market
Increasing numbers of people believe that now is a good time to buy a home, with the BSA's Property Tracker survey finding that 46% of people agree to some extent that now is a good time to purchase.
New home prices nearing re-sale prices
The average price of a new home fell for a sixth consecutive month in November, taking new home prices to £226,517 – down 2.5% since October, according to smartnewhomes.com.