Annual house price growth at is lowest since April 2013

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Annual house price growth slowed to 1.1% in the 12 months to September to an average of £232,574, the latest lender index shows. Month on month prices were down 0.4% and on a quarterly basis they were up by 0.4%, according to the data published by the Halifax. Russell Galley, managing director of the Halifax, […]

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Majority of older people want single storey homes

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A large number, some 60% of over-65s would consider moving to a bungalow and 65% believe that single level homes should be built specially for older people. It means that around 7.2 million people would consider buying a bungalow, up 600,000 in a year, according to a new study from retirement home developer and manager […]

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Rent controls in Manchester would reduce number of homes to let

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Introducing rent controls in Manchester would choke of the supply of homes to rent making it more difficult of tenants to find a place to live, according to the lettings industry. The warning from the Residential Landlords Association (RLA) comes as a new report calls for the Greater Manchester Combined Authority to have powers to […]

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Five key cities in Spain seeing strong prime market activity and growth

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As house prices and sales activity increases in the prime property market in Spain, five key cities are giving potential buyers a new sense of confidence, according to a new analysis. The highest prices residential prime property is in Madrid where values increased 9.7% during the year to March 2019, and are 50.1% higher than […]

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Moving costs reach record highs, led by rise in stamp duty

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The average cost of buying and selling home in the UK has reached a record high at £10,414 or £24,585 in London, new research has found, a rise of 2% year on year. It is higher stamp duty payments, up 4%, and larger conveyancing fees, up 5%, that are driving the cost of moving home, […]

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Number of new builds registered in England and Wales up almost 8%

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There was a 7.9% increase in new builds submitted with the Land Registry for registration in England and Wales in August this year compared to the same month in 2018, official data shows. Of the 93,574 sales received for registration in August 2019 some 72,806 were freehold, a 4.5% decrease on August 2018, and 12,411 […]

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Prime residential market in London sees rise in sales and viewings, prices still down

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Viewings and sales in prime central London’s residential property market are rising, despite the continued political uncertainty surrounding Brexit, according to the latest industry analysis. Real estate firm Knight Frank’s latest index report reveals that the number of viewings over the summer hit a five year high, with 16% more viewings over July and August […]

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Research shows best yields by location in the UK

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The property market has been slow in some parts of the UK in 2019, but new research looks at where values are doing well and the best locations for buy to let. North Devon has seen the most growth on an annual basis at 15%, according to the data from lettings platform Howsy, followed by […]

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Spanish property market seeing steadily higher prices

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Spain’s residential property market is now seeing an increase in construction activity, growing interest from international buyers and steadily growing prices, according to a new report. The hardships faced by Spain following the global financial crisis are now in the past, says the analysis from global real estate advisor Savills, and as a result the […]

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