Author Archives: arriba
June 6, 2013
UK house prices up 0.4% in May!
The average UK house price increased by 0.4% in May – up from £165,586 in April to reach £167,912 – according to the latest house price index from Nationwide. The index shows house prices have experienced an annual increase of 1%, up from 166,022 in May 2012, which represents the largest annual increase since November […]
May 30, 2013
Mortgage market experiences strongest April since 2008!
The mortgage market experienced its strongest April since 2008, according to figures released today by the Council of Mortgage Lenders. In April, lenders advanced an estimated £12.1bn to borrowers, up 4.3% on the £11.6bn advanced the month before. April’s figure was also up 22.2% on the £9.9bn advanced to borrowers in April 2012. However, the […]
May 13, 2013
House prices rise 4% year-on-year in April!
House prices rose 4% in the 12 months to April, according to the latest house price index from Halifax. In April 2012, the average house price was £160,249, rising to £166,094 12 months later. The average UK house price rose 1.3% in the three months to April, taking from £163,488 in the previous quarter to […]
April 22, 2013
FTB activity in March the strongest in six years!
Housing activity in March has picked up, with valuations activity returning to levels not seen since March 2007, according to the latest Housing Market Activity Report by Connells Survey & Valuation. The total number of residential valuations conducted in March showed growth of almost a quarter (24%) from the same month last year. This represents […]
April 12, 2013
UK house prices up 0.8% year-on-year!
UK house prices moved into positive territory, on an annual basis, for the first time in over a year after 0.8% growth in March. Figures from Nationwide today show the typical UK home is valued at £164,630 – up from £163,327 in March 2011. Prices flat lined on a monthly basis as no growth was […]
March 28, 2013
UK asking prices rise 1.7% in March…
The average UK property asking price rose 1.7 per cent in March, from £235,741 in February to reach £239,710. These latest results from the Rightmove house price index reveal the highest ever new seller asking prices in the month of March. The average asking price is at its highest level since October 2012 when it […]
March 20, 2013
House sales hit 2.5 year high!
The RICS February 2013 Housing Market Survey highlights a broadly stable price picture at the national level. While the failure of buyer enquiries to rebound in a meaningful sense after January’s snow-related slowdown provides a note of caution, for now surveyors remain optimistic. Indeed, sales and prices are expected to rise moderately over the next […]
February 26, 2013
Don’t rent, buy – and you’ll save £1440 a year!
It’s cheaper to buy than to rent by £120 a month – and the gap is widening as rents soar, according to a survey. In its latest review of comparative costs, Halifax revealed that buyers pay less than renters across the UK. The average monthly cost of buying a three bedroom house was £621 in […]
February 19, 2013
House sales highest in 5 years, says Halifax
Housing market activity rose to the highest levels in five-years, according to the latest Halifax house price index. Sales increased by 5% in 2012 to reach 932,000 – the highest annual total since 2007 when the figure was over 1.6m. House prices in the three months to January were up 1.9% compared with the preceding […]
February 7, 2013
Land Registry figures show property prices up 0.8% in December
The average price of a property in the UK rose to £162,080 in December 2012, up 0.8% on the £161,490 recorded for November, according to figures from the Land Registry today. The annual price change for UK properties is 1.7%. The best performing region was London where house prices rose 3.1% on a monthly basis […]
January 24, 2013
Mortgage lending to FTBs up 11% in 2012
Lending to first-time buyers increased by 11% in 2012 as the number of loans extended to borrowers with small deposits rose from 57,691 in 2011 to 63,896. The latest figures mark 2012 as the best year for high LTV lending – defined as 85% plus – since 2007, according to e.surv’s Mortgage Monitor analysis. A […]
January 11, 2013
New mortgage advances rise 7% in Q3
New mortgage advances increased 7% in the third quarter of this year to £40bn, up from £37bn in Q2, according to the latest FSA mortgage lending data. New commitments fell 10% from £40bn in Q2 to £36bn last quarter. The value of outstanding loans totaled £1.23trn, rising marginally from £1.2trn in Q2. The average interest […]