Monthly Archives: March 2015

House price growth in cities slowing

The rate of house price inflation continues to slow in UK cities according to the Hometrack UK Cities House Price Index reveals. Growth has been 10 per cent in the 12 months to February compared to 11.6 per cent six … Continue reading

Posted in News | Tagged | Leave a comment

Buying a home in UK cities is less affordable

Buying a home in a town or city in the UK is becoming less affordable according to figures releases by Lloyds Bank. The past year has seen a deterioration in affordability in UK cities, driven by rising house prices across … Continue reading

Posted in News | Tagged , | Leave a comment

Housing market still moderating according to latest figures

Annual house price growth in the UK has slowed to 5.1 per cent in March, down from 5.7 per cent growth in February according to the latest figures from the Nationwide House Price Index. This is the seventh fall in … Continue reading

Posted in News | Tagged , , | Leave a comment

Boost in mortgage approvals a sign of improving housing market

The recent fall in property prices could be having a positive effect on the property market as the number of mortgage approvals in February rise a faster than expected rate. According to the British Bankers’ Association (BBA) new mortgage approvals … Continue reading

Posted in News | Tagged | Leave a comment

House building contributes £19 billion to the UK economy

According to a new report published this week by the Home Builders Federation (HBF), the house building industry contributes £19.2bn to the UK economy. The industry is responsible for the employment of more than 600,000 workers and generating £1.4bn in … Continue reading

Posted in News | Tagged | Leave a comment

House price growth slowing further

House prices fell in January according to the latest figures from the Office of National Statistics. The ONS reported that, on a seasonally adjusted basis, the average house price fell by 0.2 per cent between December 2014 and January 2015. … Continue reading

Posted in News | Tagged | Leave a comment

Help to Buy inflates house prices

Last week we reported that the house prices in the Eastern region are growing at a faster rate than elsewhere in the UK. This was pointed out in data published by house buying website Rightmove. According to their figures the … Continue reading

Posted in News | Tagged , | Leave a comment