Property Market
Accessibility worsens for home buyers
The cost of becoming a home purchaser deteriorated by 13.8 percent in 2006 and has worsened by almost 230 percent since the low point in 1996, according to RICS (Royal Institution of Chartered Surveyors).
Braemore leads the way in short-term lets
Braemore, Scotland’s leading property management company, is open a new division pioneering the rental of luxury city-centre properties on short-term lets.
Landlords predict rising portfolio values for 2007
Confidence in the buy-to-let market is high for 2007, with almost four in ten of all landlords questioned believing that the value of their portfolio will increase over the next 12 months, according to a survey of landlords by Paragon Mortgages.
Belfast expansion for Citylets
Scotland’s leading property letting site has announced an ambitious expansion after setting up in the property hotspot of Belfast.
Supply shortage signals boom 2007 for property market in southern Scotland
Property prices in Edinburgh and the Lothians are likely to surge forward in 2007 as a shortage of quality properties continues to keep the market highly buoyant, according to the ELPG group of leading property solicitors.
Stress free sales success
Follow these top tips from Emily Aklan of Property Psychology and you could achieve a stress free sale in 2007.
Bumper year for new homes in 2007
Julian Sedgewick, Director for New Homes at Chesterton Global comments: “The 2006 new homes market saw fantastic prices achieved across the country. In certain areas of London record prices per square foot were repeatedly broken. Regeneration areas such as Hackney, Elephant and Castle, Kings Cross and areas of East London have particularly benefited.
House prices fell 1% in December
House prices fell by 1.0% in December, according to data from the Halifax. Prices in Q4 were 4.2% higher than in 2006 Q3.
New pilots announced to push policy on flooding and coastal erosion
The role that trees can play in cutting the risk of flooding is to be investigated in a new Defra funded study announced today aimed at pushing the boundaries of policy on flooding and coastal erosion.
London house prices continue to lead the way
The London housing market continued to stride out ahead of the English regions in the final quarter of 2006, according to the Nationwide Quarterly House Price Review.
House price growth accelerates across all UK regions
Stronger house price growth across the whole of the UK pushed the annual rate of house price inflation in the UK up to 9.3% in Q4 2006, according to research by Nationwide.
House price growth continues steadily
House prices in England and Wales have continued to rise steadily, according to official government figures.
2007 targets rogue landlords
Tenancy Deposit Protection will help force out the minority of rogue operators who wrongly withhold tenants’ deposits.
Love thy neighbour – from a distance!
Love thy neighbour? As long as they’re not attached to our properties! Detached properties were still the most popular choice for 2006 – according to East Anglian-based Norwich and Peterborough Building Society (N&P).
South West gets biggest boost from internal migration over past decade
The South West has recorded the largest netgain from internal migration of any of the UK's 12 regions over the past ten years, according to research from the Halifax.