Report Tracks House Price Changes
The Office for National Statistics (ONS) has recently published its House Price Index for March 2014, which gives an interesting insight into developments in house prices in all four UK countries, including average prices paid by existing home owners and first-time buyers. The Index shows that in the year to March 2014, UK house prices […]
Registers of Scotland Report Shows Property Sales Increase
The latest Quarterly House Price Statistical Report, from the Registers of Scotland (ROS) shows encouraging signs for Scotland’s residential property market. The Report finds that between January and March 2014 the total volume of residential property sales across Scotland rose from 14,507 to 17,828. This is an increase of 22.9% from the same quarter last […]
Are rental rungs replacing the ‘property ladder’?
A recent report from Halifax has revealed a change in attitudes towards renting. In 2011, the first Halifax Generation Rent Report described a generation who wanted to buy but couldn’t afford to or didn’t dare try for fear of rejection. Three years and 32,000 survey respondents later, the opinions of 20-45 year olds are changing, […]
House buyer numbers fall but prices continue to rise
The ongoing rise in Scottish house buyer numbers apparently slowed down to its lowest point in almost a year during February, according to the RICS February UK Residential Market Survey. Last month, buyer numbers increased at their slowest rate since April 2013, with a net balance of 24% of chartered surveyors reporting a growth in […]
Owning a city home is more affordable
The dream of home ownership has become more attainable for city dwellers, according to the Lloyds Bank Affordable Cities Review. This has revealed that home affordability has improved in the majority of UK cities over the past five years. The average price for a city home in the UK now stands at £184,215 – 5.8 […]
First time buyers are aiming high
First time buyers have high expectations when it comes to the type of home they want to buy, according to new research from Clydesdale and Yorkshire Banks. The study found that as many as 32% of those surveyed want to start off on the property ladder with a three bedroom home, while the next popular […]
