Housing White Paper: A Snapshot

On Tuesday the Department for Communities and Local Government unveiled its housing white paper on “Fixing our broken housing market”. Prime Minister Theresa May writes in her foreword that “our broken housing market is one of the greatest barriers to progress in Britain today”, and the 106-page document outlines Government plans to correct this. The paper […]

Confusing Property Market Signals

For the third consecutive month house prices in the UK have fallen according to intelligence group Hometrack.  The decrease in price comes as public interest weakens, with estate agents reporting a 2.9% decrease in the number of people registering with them during September, and an ever increasing number of new homes coming onto the market […]

How Will House Prices Change Over The Next Ten Years?

Big Four Accounting firm Price Waterhouse Cooper put out their quarterly outlook on the economy and property two weeks ago. Their assessment for property is mixed. They believe it is a 50/50 probability that property prices will rise in real terms over the next ten years. This has to do with a variety of factors, […]

What Does A Relaxed Yuan Mean For Property In The UK?

Much has been made of the Chinese Rinminbi (yuan) being allowed to float more than usual. The Yuan is pegged to the U.S. Dollar, meaning it is only allowed to fluctuate within a small degree of the Chinese government’s ideal level, about 6.5 to the dollar. The majority of the focus will be spent on […]

Housing Prices outpace Cost of Living

A Savills study has shown that London housing prices have risen 17% higher than a year ago. While still off from their peak levels this is a sign that the property market is recovering. What is interesting is that the Consumer Prices Index, a measure of the overall cost of living taken by the Office […]

Top 10 Towns At Risk Of Repossession

Below are the 10 towns identified by the Government as the areas with the highest proportion of homeowners at risk of repossession. 1. Barking and Dagenham 2. Birmingham 3. Bolton 4. Cannock Chase 5. Corby 6. Halton 7. Kingston-upon-Hull 8. Knowsley 9. Liverpool 10. Manchester (Source: Lovemoney.com)

House Prices Continued To Shine in January But The Inflation Cloud Is Gathering

House prices Continued To Shine in January But The Inflation Cloud Is Gathering                          House prices rose by 1.2% in January and are up 8.6% year-on-year                         Recent economic data has been a mixed bag for the housing market                         Inflation uncertainties highlight interest rate risk Headlines January 2010 Monthly change 1.2% Annual change 8.6% […]