Tag Archives: housing market

First time buyer market divides opinion

When it comes to impressions of the housing market a report from the Halifax has found a wide disconnect between prospective first-time buyers and their parents. While just 12 per cent of parents believe it is ‘virtually impossible for first-time … Continue reading

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Buyers act as house prices soar to record high

The price of property coming on to the housing market has leapt to an all-time high as the stability of a surprise majority-government leads to the biggest ever rise in month of June, up three per cent (+£8,460) to £294,351. … Continue reading

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House prices edge closer to £200,000 milestone

The average UK house price edged up to £196,067 in May in spite of an easing in the underlying rate of growth according to the latest House Price Index from The Halifax. Annual growth was up 8.6 per cent while … Continue reading

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Over 55s drive market for semis

Recent research from the Legal and General insurance company identified 5.3 million under-occupied homes in the UK and notes that there are 3.3 million over 55s looking to downsize. Paul Stanworth, managing director of Legal & General Capital, said: “The … Continue reading

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Numbers of young first-time buyers set to plummet

The number of people aged 25-34 able to get a foothold on the property ladder could plummet by half before 2020 a new report has found. According to recently published research from the housing charity Shelter, by the end of … Continue reading

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Housing market sluggish as first time buyer activity falls

The total number of loans advanced to first time buyers is still five per cent lower than it was a year ago according to the latest figures from the Council for Mortgage Lenders (CML). The total number of loans advanced … Continue reading

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Housing a national emergency warns RICS

General election uncertainty saw new instructions fall and house prices rise in all parts of the UK in April. This means that houses continue to be less affordable, which is creating a national emergency warns the Royal Institute of Chartered … Continue reading

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