Asking prices in Ireland increased by just 0.3% year on year in the 12 months to the end of September and fell by 2.8% quarter on quarter, and are expected to reach zero by the end of 2019. This took the national average asking price to €269,000, according to the latest asking price index from […]
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Home owners who lapse onto their lender’s Standard Variable Rate (SVR) mortgage are paying and extra £4,500 per year for their loyalty, according to new research. The study, which comes a year after the Competition and Markets Authority (CMA) received the loyalty penalty super complaint, explored loyalty penalties across a number of different household bills. […]
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While home values have recovered in the United States since the recession and, in many cases, surpassed their pre-recession peaks, single family home construction activity has continued to languish. The rate of new housing starts will likely remain below historic averages until 2022 or later, according to a panel of economists and real estate experts […]
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The presence of some of the world’s biggest tech giants is pushing up London rental prices in properties surrounding their main offices in the capital, a new study suggests. Lettings platform Howsy looked at the current cost of renting in boroughs home to Google, Microsoft, Amazon and Facebook and how this compares to rent growth […]
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Across England and Wales, 11% of sales already this year have been of new build properties, while in London they account for some 13% of transactions, according to new research. The London borough of Tower Hamlets has had the most new home sales at 42%, followed by the Vale of White at 32%, Greenwich in […]
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East London boroughs are among the highest performers for both historic and potential future house price growth, according to a new borough by borough analysis of the residential housing market in the capital. In addition, demand for private rental housing, particularly in central London, contributes to positive forecasts for rental growth across London, according to […]
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Price growth in key UK cities has slowed to more sustainable levels as the market adapts to a changing profile of demand, resulting from tax and policy changes and increased mortgage regulation, the latest index report suggests. Overall the annual rate of house price inflation has moderated to 1.9% and 12 cities covered by the […]
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There was little change in UK house prices in August, up just 0.6% year on year and flat month on month, according to the latest lender index. This took the average price of a house in the UK to 216,096, with annual house price growth below 1% for the ninth month in a row, the […]
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Properties in England have seen the strongest rental growth in the UK in the past five years, rising by 15.6%, the latest lettings figures show, Wales the weakest. In Scotland rents have increased by 14.7% over the same period and by 11.5% in Northern Ireland while in Wales they have risen by just 3.11%, according […]
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A failure to adopt a more joined-up approach to planning the UK’s towns and cities will make it impossible to meet the challenges of climate change, population growth and environmental risks over the coming decades, according to planners. A new report from the Royal Town Planning Institute (RTPI) highlights the complex and fragmented approaches to […]
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