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UK house prices rising fastest in Yorkshire and Humber…

The North-South divide in house price growth saw property values climb more than three times as much in Yorkshire and Humber as in south-east England. Land Registry figures for December also revealed a post-election boost, with London prices rising 1.6%. The end-of-year surge meant all regions saw a positive annual growth rate for the first […]

‘New year bounce’ for UK housing market…

Activity in the UK housing market picked up at the start of the year, surveyors say, with cautious expectations of the lift continuing. The number of people looking to buy rose in January, as did the amount of homes for sale, the Royal Institution of Chartered Surveyors (RICS) said. Sales that had been agreed rose […]

Homes: Leasehold maintenance charges action promised…

Image caption: Janine Jones said her fee this year was around £125 Welsh ministers have promised action over fees homeowners are charged for the maintenance of new-build estates. People on estates with communal areas not adopted by local councils have no control over the management charges. Ministers want those affected, as well as developers and […]

Home sellers risk losing money over quick sales…

Home sellers could be at risk of losing large sums of money when using quick-sale estate agents to find a buyer, Trading Standards has warned. It has seen dozens of cases of people losing tens of thousands of pounds off the market value of their homes. Some homeowners will accept a lower offer price to […]

Asking prices jump, according to Rightmove…

Asking prices for properties put up for sale in the UK rose by a record amount between December and January, according to property website Rightmove. It said that new asking prices increased by 2.3% on average between 8 December and 11 January. This was the largest increase for that period seen since the website started […]

‘Absurd’ leasehold pricing should stop, say campaigners…

The Law Commission this week outlined a variety of potential reforms to the system, but stopped short of suggesting leaseholds be scrapped. Holders of shorter leases were watching out for any potential changes to so-called marriage value. Leaseholders must pay this when extending leases of 80 years or less. For many former council tenants who […]

Cost of living ‘outstripped house prices in 2010s’…

Image caption: The decade ended with a slowdown in properties being put on the market UK house prices rose slower than the general cost of living in the last decade, bucking the boom of the previous 10 years, research suggests. Property values were down by 1% from the start to the end of the 2010s […]

Will house prices rise or fall this year???

Features in this seaside property are more at home in the arcades Buying or selling a home can feel like an endless merry-go-round for anyone caught up in a tortuous house move. In one £1.5m property in East Sussex, the fairground nature of many property transactions has been taken literally. The converted Victorian bathhouse is […]

House prices to grow 2% to 4% – Halifax…

Halifax, part of Lloyds Banking Group, reckons house prices will grow between 1% and 3% in 2020. The UK’s biggest mortgage lender says that in 2019 the housing market performed in line with expectations, at the lower end of its forecast for 2% to 4% growth. Russell Galley, managing director of Halifax, said: “The housing […]

December house price drop smallest since 2006…

Property asking prices fell by the smallest amount for a December month since 2006, showing confidence among sellers and estate agents that home buyer demand is strong. The latest survey from Rightmove revealed a 0.9 per cent decrease in the average asking price for homes for sale. The average asking price in the UK is […]