Archive for May, 2014

House prices in London over the last 6 months

House prices in London over the last 6 months

House prices in London have risen 18 percent over the last year – practically a fifth of their value – with a rise of 5.3 percent in the last few months alone, fuelling concerns over a housing bubble in the capital.

The rise is such that the gap between the London housing market and the rest of the UK now stands at its widest ever, in terms of cash and percentage.

So why are prices rising so drastically, and what effect is ...

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UK house prices – what to expect in the future

UK house prices – what to expect in the future

House price fluctuation is often hard to predict due to the many external factors that it can be affected by. Currently, house prices are racing once again and London is in its own house price ‘superbubble’, so what can we expect in the future for UK house prices?

Continued Ascent

Confidence in the housing market has hit a 3 year high as 71 per cent of people expect prices to continue to climb and 56 per cent think that now is a ...

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Will new mortgage rules affect house prices?

Will new mortgage rules affect house prices?

New rules have been introduced into the UK to ensure that borrowers can afford their mortgage. This is a bid to make sure prices don’t fall in the future if homeowners become overstretched. While it’s highly unlikely house prices would massively fall in popular parts of the UK in the long-term, 2008 is still on the minds of regulators who want to avoid any potential slumps.

The Mortgage Market Review will stop interest-only and self-certified mortgages and prevent banks from relying ...

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