Tag Archives: housing market recovery

Housing market recovery is good news for UK builders

The recovery in the UK housing market has been good news for housebuilders across the country. Croudace Homes is the latest builder to report a significant upturn in business. The company posted pre-tax profits of £12.95 million in 2013 – a … Continue reading

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First signs of house price increases slowing down

House prices across the country are still rising – but not so quickly as in recent months. The slowdown is described by the UK’s second biggest mortgage lender as “tentative signs of moderation”. According to Nationwide figures up to the … Continue reading

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Gross mortgage lending increases by 33 per cent in 12 months

UK home buyers took on property loans worth more than £15.5 billion in January, new mortgage figures reveal. Although this is eight per cent down compared with the gross lending figure for December 2013, it is 33 per cent higher … Continue reading

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Mortgage approvals at their highest level for six years

There was a 20 per cent increase in the number of mortgages approved for house purchases in 2013. A total of 734,969 home loans were agreed during the year, with a large percentage approved in the final three  months. New … Continue reading

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House builder’s output rises almost 20 per cent – with demand driven by Help to Buy

The number of new homes built by Barratt Developments in the past six months increased by almost 20 per cent on figures a year earlier. In total, the volume house builder completed 6,195 homes in the half year to the … Continue reading

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More housebuilders report higher sales as housing market continues recovery

Housebuilders Redrow and McCarthy & Stone are the latest companies to report an upturn in business following a recovery in the housing market in recent months. Since July, Redrow has seen orders for its new homes increase by 54 per … Continue reading

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Housebuilder achieves home sales targets three months early

Greater demand from homebuyers has seen housebuilder Bovis Homes meet sales targets three months ahead of schedule. With the housing market recovery showing no signs of faltering, the group reached its 2013 target for private reservations in September. The company said … Continue reading

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