Posts Tagged 'house prices'

Where to live in South London

Where to live in South London

When looking for a home in London, it is crucial to first narrow down your search to one or two desirable areas.

Best Gapp Estate Agent in Knightsbridge recommend the following as key factors to consider: whether you would like to live in a house or flat, whether location or the size of the home is more important to you, if you need to be in close proximity to good schools and transport links, and whether you prefer ...

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Little Change Seen for UK house prices During 2017

Little Change Seen for UK house prices During 2017

2016 ushered in few major changes, some of them unexpected. They have, of course, had an impact on the UK’s housing market and prices and the general trend has been for house price inflation and activity to slow. With the whole of 2017 still ahead of us, we’ve taken a look at some of the expectations and forecasts for UK house prices over the coming 12 months.

According to data from lender Halifax’s monthly house price index, you can clearly see ...

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First home prices rise to record high

First home prices rise to record high

According to the latest report from estate agent Your Move & Reeds Rains, first-time buyers are paying record amounts for their first home purchase, despite the market’s weakening in anticipation of the EU referendum.

The report shows that average first-time buyer house price increased by more than £23,000 in the last twelve months, making current average prices the highest ever recorded. May saw a 15% year on year increase in average house price for first-time buyers to £173,282, from £149,645 ...

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Hidden Factors That Can Affect House Prices

Hidden Factors That Can Affect House Prices

There are a number of clear factors that determine house prices, such as age, size and location. However, there are also hidden factors that may affect the value of your house, which aren’t as obvious.

Using free tools available online, such as Rightmove’s House Price Index and Zoopla’s House Price Estimator, you can track fluctuations in the housing market in your local area. This will give you a good indication of how prices are changing locally, but should only ...

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Will buy-to-let still be king in 2016?

Will buy-to-let still be king in 2016?

Buy-to-let property has been a favourable choice for investors who wish to generate an income from real estate.

However, investors may turn their back on property in light of new tax changes to the sector.

Changes to UK buy-to-let

In 2015, Chancellor George Osborne announced two changes that rocked the UK’s buy-to-let sector.

The first was a reduction to the amount of tax relief landlords can claim. Currently landlords can claim up to 45% but in a move which will be introduced over ...

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Where to invest now for the largest house price growth

Where to invest now for the largest house price growth

A new report from Jones Lang LaSalle has demonstrated that the average price of a property in England, Scotland and Wales will increase by 22.8% over the next 5 years.

The experts at JLL predict that the average house could rise in value by 5% in 2016.

Adam Challis, Head of Residential Research for JLL commented: “The whole housing market could potentially be more active. However, continued high moving costs despite lower stamp duty burdens for most, will provide some brake on ...

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House prices up 50%

House prices up 50%

It’s election time and there are lots of statistics floating around about different situations from five years ago.

Well, here’s another one for you from West End estate agents, LDG: London house prices have surged by nearly 50% or £195,420 since 2010 – in more evidence of the enormous housing crisis in the UK.

Data from Rightmove shows that the average asking price across the UK soared by £4381 and hit a record of £286,133 in April, driven by ...

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London Property Bubble Set to Deflate

London Property Bubble Set to Deflate

London house prices have rocketed in the past year, and the average house price in the city now sits at around £460,000. This is bad news for the rest of Britain, and the EU commision last week attempted to intervene, telling cabinet ministers that there needs to be a policy rethink in the housing market.

The fevered market is partially driven by a shortage of homes, however, more important is the demand stoked by schemes like Help-to-Buy, low interest rates and ...

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London Homeowners Set to Become Millionaires if Boom Continues

London Homeowners Set to Become Millionaires if Boom Continues

The average property owned in London is set to be worth well over a million pounds in  five years if London property prices continue to rise at the current rate, research from online estate agent, eMoov.co.uk has revealed.

Recently released figures show that London property prices have soared by over 17 per cent in the past year, raising the already high average house price to a value of nearly £460,000, according to the Office for National Statistics.

Research by eMoov shows that ...

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The Ripple Effect

The Ripple Effect

Many people complain about the London housing market, claiming that the soaring prices are locking first -time buyers out the market, or that it’s a bubble being inflated by Help to Buy, a government-backed loan scheme for those who can’t afford a home at market price. There are questions being asked about the way the housing market’s going – with much of the focus on the UK capital and its booming property market.

However, recent research has shown that price rises ...

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