Reports Give Insight into Property Market
The latest House Price Index from Halifax has revealed that UK house prices over the last three months (August-October) were 2.3% higher than in the previous three months (May-July). House Prices Rise In addition, prices in the three months to October were 4.5% higher than in the same three months a year earlier. The annual […]
Why Does British Property Change Occupier So Regularly?
New research has looked at the average length of time between British property house moves. The study, by Zoopla, found that the average person in Britain moves home every 22.7 years. Geographically, Scotland is home to the most frequent movers in Britain, where the average person changes property every 19.6 years. South West England is […]
House Prices Rise but Activity Remains Subdued
The latest UK House Price Index has revealed that average house prices in the UK increased by 5.0% in the year to August 2017 (up from 4.5% in July 2017). According to the Office for National Statistics, which published the Index, the annual growth rate has slowed since mid-2016 but has remained broadly under 5% […]
Housing Market Confidence Slow to Recover
Housing Market Confidence Slow to Recover Consumer confidence in the UK housing market has yet to fully bounce back following June’s General Election, according to new research from the Building Societies Association (BSA). The study found that 27% of respondents do not believe now is a good time to buy a property, compared to just […]
Mortgage Lending Increases in Scotland
Recently published data from UK Finance has revealed that Scottish home buyers borrowed £2.5bn in the second quarter of this year, which is an increase of 35% quarter-on-quarter and 18% year-on-year. The data also showed that: First-time buyers borrowed £1.1bn, up 29% on the first quarter and 17% on the second quarter last year. This […]
Moving Up the Property Ladder
It is harder to take the second step on the property ladder than it is to get on the ladder in the first place, according to a recent report. The study, which looked at homeowners looking to sell their first home and buy their second, was conducted by Lloyds Bank. Obstacles for Second Steppers It […]
Report Gives Insight into Scottish Housing Market
The average price of a property in Scotland in June 2017 was £144,253, according to the latest UK House Price Index. This is an increase of 2.9% compared to June the previous year and an increase of 0.1% over the previous month. UK Figures Across the UK as a whole, house prices in June increased […]
Proximity to Premiership Grounds Can Impact House Prices
New research from Halifax has looked at the impact that proximity to the grounds of a Premiership football team can have on house prices. The research looked at house prices of properties near the grounds of all 49 football clubs that have played in the Premier League since 1992, to see which area had hit […]
Consumer Confidence Falls, but House Prices Rise
There has a been a slight deterioration of consumer confidence in the housing market, caused by short-term uncertainty from the General Election result, according to the Building Societies Association (BSA). Younger Generation are the Least Confident The BSA’s Property Tracker found that just 21% of consumers believe that now is a good time to buy, […]
Reports Give Insight into Housing Market Activity
A new report from Registers of Scotland (RoS) has revealed that the total value of the residential sales market in Scotland from 2007-08 to 2016-17 reached over £143.4 billion. The data is contained in the fifth annual edition of RoS’ 10-year property market report, which looks at trends in the land and property market over […]
