Property Articles | Uk House Prices

UK Housing Market: No One Wants to be a First Time Buyer

Posted:2010-08-30 19:09:47 - By Liam Bailey

No one wants to be a first time buyer in the UK right now. Apart from those wealthy enough to have 32,000 or more lying around in cash, practically everyone else has given up on getting onto the property

UK House Prices: Can We Really Avoid a Second Dip?

Posted:2010-08-25 21:49:29 - By Liam Bailey

According to Nationwide, UK house prices fell 0.5% in July, slowing the annual growth rate to 6.6% from 8.7%. Worse than that now mortgage approvals are falling as well. I had started to doubt my firm

Second Dip in UK House Prices to be a Long One Says PWC

Posted:2010-07-13 08:55:31 - By Michael Sutton

Accounting firm Pricewaterhousecooper has issued some very negative predictions on the future of UK house prices. According to PWC, there is a 70% chance that UK house prices will still be below peak 2007

It Does Not Look Good for UK House Prices

Posted:2010-07-04 22:11:33 - By Liam Bailey

Well apparently the tide of opinion has changed on UK house prices, or rather the direction in which they are likely to go in the near future. Most analysts now believe prices will fall this year, and

Will New Govt Affect UK House Prices?

Posted:2010-05-15 15:27:52 - By Liam Bailey

I thought it was about time I put pen to paper on the difference that I think the election will have on the UK housing market. Some could argue that I am just a tad late, but others will agree that I am

UK House Price Rises – Unsustainable or Flipping Great?

Posted:2010-05-02 19:11:41 - By Liam Bailey

The UK housing market, and the reporting on it never cease to amaze me. The latest is that Nationwide has reported that house prices are now over 10% higher than they were last year, the first time year

Mortgages Up but Still Subdued, UK House Prices Teetering on the Brink?

Posted:2010-04-28 19:00:12 - By Liam Bailey

Mortgage approvals for house purchase rose again in March according to new data. The latest figures from the British Bankers Association say that 34,905 mortgages were approved for house purchase in March,

UK House Prices Shaky as Election Fears Push up Supply

Posted:2010-04-13 09:54:17 - By Liam Bailey

UK house prices could be in for a bumpy ride as estate agents report a scary 6% increase in houses coming onto the market in March. This, the third consecutive jump in the number of houses coming onto

The Latest on UK House Prices in 2010

Posted:2010-03-29 00:26:36 - By Liam Bailey

Well, a few interesting things have happened since I last put pen to paper on UK house prices, well, 2 really, to be precise. Firstly, the Land Registry issued its house price index for February, which

Mortgage Approvals Creep Up in Feb Says BBA, What Of UK House Prices?

Posted:2010-03-23 16:21:41 - By Liam Bailey

Mortgage approvals crept back up in February, according to the British Bankers Association, after the 23% fall recorded by the organisation in January. A total of 35,276 mortgages were approved for house

Mortgages Fall by Half in Jan, Another Nail in UK House Prices' Coffin?

Posted:2010-03-12 21:28:11 - By Liam Bailey

Mortgage approvals fell by almost half in January according to the latest release of data from the Council of Mortgage Lenders. This will undoubtedly add fuel to the second-crash-fire. In fact, this alone,

UK House Prices: Second Correction Looking More Likely

Posted:2010-03-10 11:01:31 - By Liam Bailey

Well, just when I was about to give up on the idea that a second crash was going to come about in the UK housing market, the first sign that it may be starting have emerged. Some of you may be thinking

UK House Prices Up or Down Depends on the Index

Posted:2010-03-03 21:37:09 - By Liam Bailey

UK house prices were 2.1% higher in January than in December, and 5.2% higher than in January 2008, according to the latest release from the Land Registry index. This, said the organisation is the second

UK House Builders Risk Reputation to Sue Defaulters, What???

Posted:2010-03-03 08:46:21 - By Liam Bailey

I just read a really great article in Overseas Property Professional magazine (anyone who likes reading about property should definitely register), about the British builders that are suing en-masse buyers

UK House Prices: What Will Spring Bring?

Posted:2010-02-26 21:20:37 - By Liam Bailey

This spring should be an interesting time for the UK housing market. Transaction volumes have been increasing slightly month-on-month since last spring, and, more importantly so have prices. The questions

UK House Prices Up Again in December Says Govt, But for How Long

Posted:2010-02-18 22:08:16 - By Liam Bailey

Well hooray. UK house prices were 2.9% higher in December last year, than December the year before, according to the recent index released by the government Department of Communities and Local Government

UK House Prices: Support Growing for Second Crash Scenario

Posted:2010-02-12 21:29:01 - By Alan de Sargent

Well, you would have to be buried under a stone not to have seen at least one story this week predicting that the second correction in UK house prices is either about to begin, or has already begun. I

UK House Prices may be Flat in 2010 but the Market will certainly be Rocky

Posted:2010-02-05 23:47:29 - By Liam Bailey

UK house prices rose at their slowest rate for 6 months in January. According to the Halifax index, prices were up just 0.6% on the month in January, slower than the 0.8% in December, and from 1.2% in

UK House Prices: Everything's Coming Up Roses

Posted:2010-01-31 23:36:45 - By Liam Bailey

Well, the news on UK house prices is still positive, that is to say positive for sellers if not for buyers. Last week Nationwide told us that UK house prices rose 1.2% in January, the biggest rise since

A Long Hard Look at the Medium-Soft UK Housing Market

Posted:2010-01-22 00:22:31 - By James Bailey

The latest round of figures is in, again telling a conflicting story on UK house prices past, present and future. The latest RICS index has shown more homes coming up for sale than there has been for

UK House Prices Still Rising Says Govt. But How Long Can it Continue?

Posted:2010-01-13 10:31:48 - By Liam Bailey

According to government figures released by the Department for Communities and Local Government yesterday UK house prices continued to rise in November. This was to be expected given the results of the

Halifax Say Prices up 1% in 2009 + Jan Prize for Stating the Obvious

Posted:2010-01-08 08:45:49 - By Liam Bailey

From 2010 forward Write About Property will be publishing a monthly award for stating the obvious in the industry or national press. The plan was to wait and give the award at the end of every month, but

Hands Up Who Wants UK House Prices to Grow 40% in the Coming Decade

Posted:2010-01-06 20:04:08 - By Liam Bailey

The UK housing market is getting an unbelievable amount of coverage, well the amount of coverage isn't unbelievable but the amount of it that is portraying it in a positive light and with a positive future

UK Housing Market, Do You Want the Good News or the Bad News

Posted:2010-01-04 23:02:22 - By Liam Bailey

In what is now typical for the UK housing market; anyone reading the Guardian online today will be able to read a story that puts the housing market in a positive place, and a story that puts it in a very

UK House Prices Rose 5.9% in 2009 but 2010 is Clouded in Fog...

Posted:2009-12-31 20:41:49 - By Liam Bailey

Well, Nationwide have released their figures for UK house prices in December and there is nothing very surprising at all. The rate of monthly growth slowed massively with a growth of just 0.1% between

UK House Prices in 2010: My Forecast

Posted:2009-12-29 22:36:25 - By Liam Bailey

Well, house price analysts Hometrack have added their tuppence into the debate over what 2010 holds for UK house prices. They have said that they will fall 1% next year, which is more than they have fallen

Housing in the UK Less Affordable Since Price Rises Began... Well Duh!

Posted:2009-12-27 20:48:43 - By Liam Bailey

Well, there's a shock: housing affordability in the UK has decreased in the second half of 2009 -- probably something to do with the fact that house prices have been rising and wages haven't. None the

House Purchase Mortgages Now Up on 2 Years Ago - Still I'm Saving My Champagne

Posted:2009-12-25 19:41:08 - By Liam Bailey

Sorry to all my regular for it taking me this long to put pen to paper on the British Bankers Associations figures for lending in November, but it is Christmas. After the Council of Mortgage Lenders

Predicting The Housing Market in 2010 is Less Easy than People Seem to Think

Posted:2009-12-24 23:21:21 - By Liam Bailey

It must be because its Christmas, but in the last 15 minutes I have read three forecasts for what the housing and buy to let markets will look like in 2010 and everyone of them offered an oversimplified

RICS: House Prices to Rise in 2010, They Might, Nothing Will Stop the 2nd Bite

Posted:2009-12-23 00:00:51 - By Liam Bailey

Today the Royal Institute of Chartered Surveyors forecast that UK house prices would rise by 1-2% next year. They said that, though supply would rise in the first part of the year, it would not increase

Curbing Banker Bonuses to Wreck the Recovery, Who's Recovery is it Anyway?

Posted:2009-12-11 22:51:38 - By Liam Bailey

Well, I've heard it all now. Estate Agencies in London are saying that the tax on banker bonuses will wreck the recovery in the prime sector of London, which will spill over into the rest of the market

End of Stamp Duty Holiday Not Even on the Richter Scale

Posted:2009-12-09 23:58:04 - By Liam Bailey

Well, unless you have just moved out from under a rock you will know that Alistair Darling read his statement today, on the pre-budget report. His words were aired live following Prime Minister's question

UK House Prices to Stagnate or Fall Says Fitch

Posted:2009-12-06 21:11:17 - By Liam Bailey

Ratings agency Fitch has said that UK house prices either face a prolonged period of stagnation at best, or a double dip at worst, as high unemployment and constricted lending take their toll in the coming

UK House Prices up 0.6% in Oct say Land Reg, Analysts all Prepare for the Fall

Posted:2009-11-27 23:18:22 - By Liam Bailey

So, UK house prices are still rising. Today the Land Registry, by far the most accurate index of prices in England and Wales -- if a bit behind the rest -- revealed a 0.6% increase in house prices on the

Q3 Global House Price Index Dulls Recovery Hopes, but Good News for Portugal

Posted:2009-11-25 22:37:55 - By Michael Sutton

The Global Property Guide has recently released its figures on global housing markets in the third quarter. Their index is inflation adjusted which means it is a more accurate measure of prices than those

UK House Prices News Roundup, Second Dip Still Looms

Posted:2009-11-21 20:37:15 - By Liam Bailey

I thought it was about time I put pen to paper on UK house prices and the housing market. I grew fed up of covering every minor piece of news, none of which were changing my view point away from the fact

UK House Prices: There is Only One Realistic Forecast

Posted:2009-11-06 22:03:02 - By Liam Bailey

Well, the latest news on the UK housing market is that Savills are forecasting house prices will fall sharply next year, before resuming solid growth in 2011, which will accelerate in subsequent years.

UK House Prices Still Growing - When Will it All Come Crashing Down?

Posted:2009-11-04 10:47:24 - By Liam Bailey

I thought it was about time I put pen to paper with the latest news on UK house prices, well, rather my opinion on the latest news about UK house prices. Still the growth continues, and the longer it

Land Registry Records UK House Price Rise in September, Where is the Second Dip?

Posted:2009-10-28 20:53:18 - By Liam Bailey

Well, I am in shock. The Land Registry index has recorded a rise of almost 1% in UK house prices in September. Bang goes the second dip theory. For those of you just tuning in, the Land Registry began

The Bizzaro World of the UK Housing Market

Posted:2009-10-20 20:29:44 - By Liam Bailey

The bizarre world of the UK housing market continues to unfold more like a suspense novel than a market supposedly balanced by the pull of supply vs demand. The Rightmove index has shown that asking

UK House Prices Still Rising According to Government Index

Posted:2009-10-14 15:40:14 - By Liam Bailey

UK house prices rose again in August according to the latest release of the government index ran by the Department for Communities and Local Government. The DCLG index, which is based on mortgage completions

UK House Prices up in September says Halifax, Makes the Future Interesting

Posted:2009-10-06 10:10:56 - By Liam Bailey

Well, while I have been proven wrong by the Halifax house price index recording a rise in September, this is made up for by the fact that it makes UK house prices very interesting at the moment and in

Calculating the Past to Determine the Future of UK House Prices

Posted:2009-10-03 14:57:25 - By Liam Bailey

UK 03 October 2009 - Regular readers on the site will know I wrote several articles earlier this year that analysed the dynamics of UK house prices and affordability since 1957, including a detailed look

Nationwide Says UK House Prices Same as Last Year, but Only Way is Down

Posted:2009-10-02 19:46:19 - By Liam Bailey

Nationwide released its index for September today and said that house prices rose 0.9% on average in September, bringing prices back to similar levels as they were in 2009. This comes just days after the

Land Registry: House Prices Fell in August, as was Foretold Here

Posted:2009-09-28 10:54:57 - By Liam Bailey

Well, I was right. I wrote an article at the tale end of last week, attempting to predict what the Land Registry's house price index, released today, would say. I predicted that it would show a monthly

Predictions on UK House Prices

Posted:2009-09-25 21:46:49 - By Liam Bailey

The Land Registry index is out on Monday, so I thought I would take a guess at what it is going to say. Before I start, this is not a forecast simply a guess for a bit of fun. On the last release, which

Rightmove Index is Not a Measure of House Prices

Posted:2009-09-23 20:09:24 - By Liam Bailey

They're doing it again! Rightmove has issued the figures from its asking price index for September, showing that asking prices are on average 1.5% lower than a year ago, and the press are headlining things

James Caan Marketing Ploy May Have Small Impact on Housing Market

Posted:2009-09-17 11:05:41 - By Liam Bailey

The star of Dragons Den James Caan has launched a new scheme to provide short-term interest free loans to homebuyers, to help them cover fees like solicitors fees and stamp duty. The £1BN fund for

July House Purchase Loans up 19% on Last Year - CML

Posted:2009-09-14 18:10:09 - By Liam Bailey

UK 14 September 2009 - Mortgage lending increased massively in July according to a new survey by the Council of Mortgage Lenders, who revealed the first significant increase in mortgage lending since July

UK House Prices Still Rising According to Halifax

Posted:2009-09-12 17:41:39 - By Emma Louise Bailey

UK house prices in 2009 have entered into positive growth territory according to the latest data released by the Halifax. The lenders index showed that the average UK house price was £112 higher in August

Calabria Property: No Price Drops but Bargains to be found

Posted:2009-09-11 13:28:25 - By Calabrian Property.com

Though prices haven't fallen as such, there are still bargain properties to be found in Calabria if you know where to look. That is according to Calabrian-property.com, spokesperson Robert Davies said: "Firstly,

UK House Prices have Bottomed, And Our Survey Said...

Posted:2009-09-09 20:56:19 - By Liam Bailey

The UK housing market has bottomed and there will be a slow and steady return to growth as supply gradually increases. That is according to a Reuters' poll of 30 financial analysts at banks, investment

Portugal's Silver Coast Property Values to Increase 50-75% in Five Years

Posted:2009-09-01 21:45:40 - By Michael Sutton

Property values on Portugal's silver coast are set to grow by at least 50 - 75% over the next 5 years it has been stated. The emerging region has some of the finest beaches in Europe, and has never reached

UK House Prices Up for First Time in a Year but No Recovery - Hometrack

Posted:2009-08-31 21:13:18 - By Emma Louise Bailey

Major UK house price intelligence group Hometrack has today revealed the findings of its latest research into the UK housing market. The group said that though house prices rose 0.1% in August for the

UK House Prices Up for 4th Consecutive Month, but Why?

Posted:2009-08-27 15:15:57 - By Liam Bailey

UK 27 August 2009 - Nationwide building society, one of the UK's biggest lenders has just released the figures from its UK house price index for August. According to the report house prices rose for the

Dubai Rental Rates Fall 30% in August, another Blow to Property Market

Posted:2009-08-24 15:25:25 - By Scott Bailey

UK 24 August 2009Another day another report on the Dubai property market; this time a report from Landmark advisory has found that rents in Dubai continued to fall in August, by as much as 30%. This is

Mortgage Data: First Time Buyers Prevalent in UK Housing Market

Posted:2009-08-22 10:04:06 - By Emma Louise Bailey

UK 22 August 2009 - The number of mortgages being approved for house purchases is continuing to increase at a steady rate this year. The British Bankers Association revealed that the value of house purchase

Rightmove August Index: Asking Prices Down 2.2% - Good News for Housing Market

Posted:2009-08-18 20:24:33 - By Liam Bailey

UK 18 August 2009 - Oh my god they're doing it again. Rightmove have just revealed its August data on asking prices, and there are literally dozens of articles floating around the web with headlines to

Private Property Sales Continues to Grow in UK

Posted:2009-08-17 12:57:54 - By Emma Louise Bailey

Everyone involved in the property market, if not anyone who owns a house has heard the buzz-acronym FSBO. For Sale by Owner property is -- you guessed it -- property being sold privately by its owner without

UK House Prices Look Like Falling Again

Posted:2009-08-14 10:18:19 - By Liam Bailey

Apparently UK house prices are falling again. According to a report in today's financial times the discount taken of properties sold at auction has been rising since May, and properties at auction are

Private Sellers Get Professional Property Valuations

Posted:2009-08-13 10:24:54 - By The Little House Company

Private property sales website the Little House Company have launched a new property valuation service to allow private sellers to make more accurate judgements about the values of their homes. The service,

Dubai Property Market May Have Bottomed

Posted:2009-08-12 20:35:01 - By Michael Sutton

UK 12 August 2009 - Our director Liam Bailey wrote an article on his new overseas property blog yesterday about how the Dubai property market may well have bottomed. Liam is known as one of the fiercest

Mortgages and House Prices on the Up, Optimism? Afraid Not

Posted:2009-08-11 13:15:26 - By Liam Bailey

The Council of Mortgage Lenders has revealed that the number of home purchase loans agreed in June this year was just 6% lower than in June last year. Also today the latest release of the government's

UK Housing Market Media in a Frenzy After Positive Forecast

Posted:2009-08-10 15:06:57 - By Liam Bailey

London 10 August 2009 - The Centre for Economics and Business Research has whipped the UK housing media up into a frenzy today, when it issued a report saying that house prices would rise 2% next year

UK House Prices Upward Trend Continues - Halifax

Posted:2009-08-06 10:47:08 - By Liam Bailey

UK House prices rose 1.1% on average in July compared to June according to major UK lender the Halifax. This is the second monthly rise in the last 3 months, and the 3rd rise out of the first seven months

UK House Prices to Fall Until 2012 - National Housing Federation

Posted:2009-08-03 11:04:30 - By Liam Bailey

UK - 03/08/2009 - The National Housing Federation has said that UK house prices will continue falling until 2012. The research, conducted on behalf of the NHF by Oxford Economics led to forecasts of a

UK House Price Rise in July Largely Irrelevant

Posted:2009-07-31 12:50:44 - By Liam Bailey

The Nationwide index has revealed that UK house prices rose by 1.3% in July. This brought the three monthly measure to a rise of 2.6% up from a 1% increase in the three months ending June -- the biggest

UK House Prices in Steady State for 2009 Says Rightmove, What?

Posted:2009-07-20 17:59:59 - By Liam Bailey

The UK housing market has bottomed according to Rightmove, and prices are to remain in "a steady state" for the rest of the year. Everyone is entitled to their opinion, but it is what that opinion is

UK House Prices to Stagnate till 2020 - PricewaterhouseCoopers

Posted:2009-07-16 21:32:31 - By Liam Bailey

Accountants PricewaterhouseCoopers (PwC) have forecast that it may take a decade for UK house prices to see any real growth; that house prices will remain at 2008 levels until 2020. Further they said that

UK House Prices Falling Slower, Government Figures

Posted:2009-07-14 14:03:08 - By Liam Bailey

The UK government has just released the figures for May from its house price index, and they have shown that the rate of decline in UK house prices is continuing to slow, as has been shown by all the major

Will the Current Stability be the Start of UK House Price Recovery?

Posted:2009-07-12 13:39:11 - By Liam Bailey

I just read an interesting article on the blog of private property sales site Zungalow.com, on how the current upward pressure on UK house prices could turn into the beginnings of a recovery -- it blew

UK House Prices Fell in June - More Falls Inevitable and Necessary

Posted:2009-07-08 13:53:25 - By Michael Sutton

UK house prices fell by 0.5% in June on average, according to the latest release of the Halifax house price index. The firm also revealed that the fall in the second quarter of this year, was less than

Worst of UK House Price Falls Over - Yeah Right

Posted:2009-07-03 11:39:35 - By Liam Bailey

The UK housing market has bottomed out apparently. All the bulls have had their prayers answered; David Miles, a policy maker for the Bank of England has said that he thinks the UK has seen the worst of

UK House Price Rise Continues in June - More Agony Prolonging Goodness?

Posted:2009-06-30 10:12:14 - By Liam Bailey

The Nationwide has released the figures for its house price index for June. The main points were as follows: A month on month rise of 0.9% - continuing the trend of monthly rises Tri-monthly and more

UK House Prices to Stabilise by End of 2009

Posted:2009-06-24 16:02:39 - By Scott Bailey

According to a major study into the UK housing market by Standard and Poor, UK house prices are likely to stabilise in the last quarter of this year, while they continue to fall sharply in Spain and Ireland

Rightmove Index a Better Measure of Vendor Realism than UK House Prices

Posted:2009-06-23 16:37:29 - By Liam Bailey

Oh My God. I have just had a look around the web for news on UK house prices, and found 20 online publications reporting on how UK house prices fell in June. All the reports are based on the only major

UK House Prices - Asking Prices Finally Falling

Posted:2009-06-20 19:00:48 - By Liam Bailey

Asking prices finally started to fall in June according to FirstRung.co.uk who obviously got their hands of an advance copy of the Rightmove's data for June. Apparently asking prices dropped 0.4% in June,

Gloucester Property Prices Falling Faster than National Average

Posted:2009-06-17 15:36:38 - By Liam Bailey

Gloucester property prices fell around 2.5% between February and April according to the Land Registry house price index. In February the average Gloucester house price was £166,924 and in April it

Sell Your House, Estate Agents �4000, Private �29 you do the Math

Posted:2009-06-16 12:18:11 - By Liam Bailey

In the current market many people are keeping their houses off the market because of the massive price reduction they would need to accept to sell it. At the same time, estate agents have become less flexible

UK House Prices: Gap Between Asking and Selling Prices Closing

Posted:2009-06-15 18:10:22 - By Liam Bailey

The gap between asking prices and selling prices is narrowing according to the Royal Institute of Chartered Surveyors. Houses are now selling for 11% less than they are advertised, though the gap is still

UK House Prices Could Fall a Further 35% - Homes Still Not Affordable

Posted:2009-06-11 14:34:53 - By Michael Sutton

I recently read an article on the Rock Star Investment Gloucestershire blog, in which they had taken data on average earnings for Gloucester, and compared it to the average sale price of Gloucester property,

Govt Figures on UK House Prices in April: a Regional Breakdown

Posted:2009-06-09 19:09:04 - By Michael Sutton

Though the latest release of the government's UK house price index was very positive; showing the annual and quarterly rate of decline slowing and a 1.1% monthly rise, the picture is not so positive everywhere.In

Government Figures Show UK House Prices Falling Slower

Posted:2009-06-09 11:25:25 - By Emma Louise Bailey

It is official; the rate of decline in UK house prices is slowing. Today, the UK government, well the Department for Communities and Local Government released the April figures from its index, and they

UK Housing Market Turning Point, Time to Start Selling Again, What?

Posted:2009-06-06 12:31:27 - By Liam Bailey

I can't believe what I have just read in a press release by UK property portal look4aproperty.com, titled Housing Market Turning Point Is Here.The press release tells the story of the moment: how low supply

Halifax Index Continues Trend; Shows UK House Prices Falling Slower

Posted:2009-06-04 19:07:59 - By Emma Louise Bailey

The Halifax released the figures for May from its UK house price index today, and they showed that the rate of decline in UK house prices is slowing. This is a trend that has emerged in the last few price

At Last Some Sense on UK House Prices and the Cat Bounce Bottom

Posted:2009-06-03 19:06:02 - By Liam Bailey

At last some sense; an article in the Telegraph titled The bottom in UK house prices is no bottom at all, which goes around the houses I have covered many times relating to the last crash, before finishing

UK House Prices: Tentatively Positive Signs Continue

Posted:2009-06-01 16:00:18 - By Michael Sutton

The Land Registry released the figures for April from its house price index, and it concurs with the latest trend by showing that the rate of annual decline is continuing to slow. The annual rate of decline

UK House Prices: 2nd Rise in 3 Months, is the Market Turning?

Posted:2009-05-30 14:17:12 - By Liam Bailey

Well, Nationwide released the figures for May from its UK house price index, and it has been added to the "mounting evidence" that the UK housing market is on the turn. This is because house prices apparently

UK Housing Market: What's Really Behind Record Low Mortgage Lending

Posted:2009-05-29 07:34:58 - By Liam Bailey

Mortgage lending for new home purchases rose 4% last month according to the British Bankers Association, but is still at shockingly low levels with just over twenty-seven and a half home purchase mortgages

FSA Stress Test on UK Banks Not All That Stressful

Posted:2009-05-28 19:38:27 - By Liam Bailey

The Financial Services Authority (FSA) today revealed some details about its current batch of stress testing on UK banks. Though it wouldn't reveal specific details about the two banks involved, Lloyds

UK Housing Market: Buyer Activity Stabilising, Worst far From over

Posted:2009-05-27 18:47:50 - By Liam Bailey

The British Bankers Association has just released its figures on UK lending as a whole -- credit cards, mortgages, remortgaging, repayments the whole shebang -- for April. The accompanying report tells

UK House Prices: The Difference Between Asking Prices and Sale Prices

Posted:2009-05-23 13:41:13 - By Michal Sutton

I just read an article on Property Wire about the asking price rise recorded by Rightmove in May. The author writes: "The monthly data from property website Rightmove indicates that record low interest

Mortgage Lending Fall Means no UK Housing Market Recovery in Sight

Posted:2009-05-22 14:05:44 - By Liam Bailey

The volatility of the UK housing market has once again bounced onto centre stage and danced all over the recent hopes for recovery caused by "various indicators". I couldn't believe it when I read an

Rightmove Index - Raised Asking Prices Don't Mean Market is Bottoming

Posted:2009-05-18 19:44:19 - By Liam Bailey

I cannot believe the level of optimism generated by the fact that the May release of the Rightmove UK house price index showed asking prices had risen for the fourth consecutive month. This time the rise

UK House Prices: How to Break the Boom Bust Cycle

Posted:2009-05-13 20:08:22 - By Liam Bailey

On Monday night's Property Watch show (new program by the BBC) an estate agent said:"[During the boom] it was a case of making your valuation, and then adding a bit on." While it was obvious to the trained

UK House Prices have Further to Fall However You Slice It

Posted:2009-05-13 16:24:20 - By Michael Sutton

It is a firm belief of mine that house prices will fall until houses become affordable for first time buyers. Depending on whether the economy recovers in the meantime, this will be as far as they fall,

Rate of UK House Price Decline Slows - Govt Figures

Posted:2009-05-12 19:08:22 - By Liam Bailey

The government has released the March figures from its house price index. The latest release of the Department for Communities and Local Government index has concurred with the Land Registry's March figures

Property Watch Show on UK House Prices Hardly Groundbreaking

Posted:2009-05-11 21:38:33 - By Liam Bailey

I just watched part 1 of the BBC's new Property Watch. It contained a lot of interesting material, nit the part which most compelled me to put pen to paper came in the first 15 minutes.Firstly the show

UK House Prices Only 6% Further to Fall - Lloyds plc

Posted:2009-05-10 08:18:58 - By Emma Louise Bailey

Lloyds Plc, Britain's biggest lender, has gone on record to say that UK house prices only have 6% further to fall, which will happen by the end of the year. A spokesperson for the lender, which has a 30%

UK House Prices: Decline Maybe Slowing but Worst Far from Over

Posted:2009-05-09 13:00:03 - By Liam Bailey

There are a lot of positive reports in the press at the moment suggesting that UK house prices maybe on the turn. I had started to wonder if I am perhaps being too negative; batting the positive news away

Houses Affordable in only 61 Local Authorities - Halifax

Posted:2009-05-08 19:37:01 - By Liam Bailey

This will be the third article I have written about the recent figures on UK house prices released by the Halifax, but I have to bring to light something I hadn't noticed until now. In its look at housing

Gloucester Property Unaffordable: More Falls Ahead

Posted:2009-05-06 21:26:54 - By Michael Sutton

The average house price in Gloucester is 7.8 times the average gross salary of Gloucester residents, Rock Star investment Gloucestershire's research has found. In a post published on their Gloucester property

Halifax Says Affordability has Trebled - No Optimism Here

Posted:2009-05-06 13:26:06 - By Liam Bailey

Yesterday Halifax revealed data from its affordability index showing that mortgage repayments were now only an average 31% of first time buyer's disposable income, down from 48% at the peak in 2007. Nationwide's

UK House Prices: Latest Figures from Halifax Show Futility of Keeping Track

Posted:2009-05-06 10:23:48 - By Liam Bailey

Halifax has released the April figures from their house price index, I am reporting on it only because I feel I must. It's all getting a bit much-of-a-much-ness for me now, we might as well stop bothering

Halifax Says Affordability has Trebled - By What Measurement

Posted:2009-05-05 10:09:42 - By Liam Bailey

Two interesting reports came out today: the Centre for Economics and Business Research has said that UK house prices have another 8% to fall before a "sluggish recovery" will begin. And the Halifax has

More on the Cause of UK House Price Corrections: Lack of Affordability

Posted:2009-05-03 17:43:51 - By Liam Bailey

I read an excellent article on the Zungalow blog yesterday, which expanded upon my article of earlier in the week about the relationship between UK housing affordability and house price corrections. In

UK House Prices: They Never Stopped Falling in March

Posted:2009-05-01 09:24:45 - By Michael Sutton

I have read a lot of reports this morning headlining a variation of "House Price Resume Fall", and "House Prices in Fresh Fall". I don't get it. Anyone who knows anything about the UK housing market, or

Land Registry: UK house Price Decline Slows, Prolonging the Agony?

Posted:2009-04-30 12:12:08 - By Liam Bailey

The Land Registry Index is out and I hate to say it: I was horribly wrong. It does in fact seem that the rate of house price decline is slowing in England and Wales. According to the Land Registry house

An Exciting Day for UK House Price Commentators

Posted:2009-04-30 07:17:11 - By Liam Bailey

This is an interesting day (and exciting if you're sad like me) for the UK housing market, with two of the biggest measure of UK house prices releasing the latest figures on the same day. Nationwide have

Gloucester Property Market Should be Among First to Recover

Posted:2009-04-29 14:44:30 - By Liam Bailey

I read a very insightful article yesterday, on how the massive urban regeneration project in Gloucester will cause it to have a very different and quicker recovery than other parts of the UK.The blogger,

UK Property Losing Euro Buyer Cushion, Americans May Fill Void

Posted:2009-04-29 12:20:31 - By Alan Siddel

UK property became very attractive to European buyers, when the Euro rapidly gained ground on our beleaguered UK currency.Most of the attention was focused around London, which was overtaken by Monaco

US Housing Market Bottoming. Prices Won't Be Rising Anytime Soon

Posted:2009-04-28 17:37:58 - By Michael Sutton

An index of US house-builders confidence in the market has jumped to 14, its highest level for many months. Anything south of 50% still shows negative confidence in the market, but the fact that it rose

London's Prime and Super-Prime Markets will always be Unpredictable

Posted:2009-04-28 14:32:58 - By Liam Bailey

This week Knight Frank has reported the first price rise in 13 months on prime property in London. But if the other indexes are open to statistical anomalies because of the small transaction levels on

Annual Decline of UK House Prices Slowing - No Optimism Here

Posted:2009-04-27 18:00:56 - By Michael Sutton

The decline of UK house prices slowed in April, according to the latest figures from Hometrack. This is being viewed with yet more optimism, by people who surely must be getting fed up of being wrong when

UK House Prices: Learning the Correction Lesson

Posted:2009-04-25 17:45:31 - By Liam Bailey

UK house prices -- like many other places -- are falling because that is what needed to happen; correction is definitely the right word to use. I have been looking at Nationwide's historical house price

Budget 2009: No Magic Wand for UK Housing Market Recovery

Posted:2009-04-23 10:00:24 - By Liam Bailey

As expected the reactions to Alistair Darling's 2009 UK budget were numerous and varied from within the property and housing industries. Almost -- if not -- all the major bodies and representatives had

Will the UK Housing Market ever be the Same Again?

Posted:2009-04-20 13:03:35 - By Liam Bailey

Yes, it is true: this is not the first housing depression we have endured in the UK. It probably won't be the last either. One thing -- and I'm not saying the only thing -- that is different about this

UK House Prices & Rightmove: Bumping Along the Bottom? I Think Not

Posted:2009-04-20 09:43:53 - By Liam Bailey

The Rightmove index has once again showed a rise in asking prices, but this time, because it is the third such monthly rise, they are viewing it with more optimism than the last. The fact that agents are

Chancellor Urged to Adjust Stamp Duty: There's No Quick Fix

Posted:2009-04-19 19:10:35 - By Liam Bailey

The Chancellor is receiving yet more calls from within the property industry about what he should do in this year's budget. This time the calls are for what should be done about Stamp Duty.Nick Hopkinson

Response to More Falsely Optimistic Reports on UK House Prices

Posted:2009-04-18 22:10:07 - By Liam Bailey

In an article in the Coventry Telegraph, Harvey Williams Coventry and Warwickshire regional spokesman for the Royal Institution of Chartered Surveyors, has slated the recent government figures on the UK

Spanish Property Price Decline Accelerates

Posted:2009-04-18 20:01:30 - By Alan Siddel

Spanish property prices fell by 6.8% in the first quarter of this year, which is faster than they have at any time before. The quarter by quarter fall was 3%, again the fastest yet and the fourth quarterly

First Time Buyers "Locked Out" of Scottish Housing Market

Posted:2009-04-18 16:11:01 - By Scott Bailey

In stark contrast to the upbeat reports of late, Shelter Scotland has reported that first time buyers are "locked out" of the market because of a lack of mortgages, and a shortage of affordable housing.The

Govt Figures on UK House Prices Show Inaccuracies of other Indexes

Posted:2009-04-16 08:25:33 - By Liam Bailey

The latest government figures on UK house prices have shown just how inaccurate some of the other indexes have become due to the low transaction volumes. In fact so inaccurate that they currently should

Little House Co Issues Official Statement on Axe Agent Saga

Posted:2009-04-13 13:24:51 - By The Little House Company

The Little House Company, one of the UK's leading private property sales portals has issued an official statement on the controversy surrounding The BBC show Axe the Agent? The show has been accused of

UK House Prices will Fall for as Long as Unemployment Rises

Posted:2009-04-12 09:29:09 - By Liam Bailey

Almost everyone seems to have developed the belief that a further 10% will be enough for the UK housing market to hit rock bottom. This will mean a 26.5% drop from peak if you go by the current Land-Registry

1.9% Monthly Drop in UK House Prices for March - Halifax Index

Posted:2009-04-04 14:27:31 - By Scott Bailey

The Halifax building society recorded a 1.9% fall in house prices in March according to the latest release of its house price index, though it said the annual rate of decline had slowed slightly.This is

How Should We Feel About the UK Property Price Rise?

Posted:2009-04-03 06:51:38 - By Liam Bailey

According to the latest release of Nationwide's UK house price index, the average price of a UK home rose by 0.9% to �150,000. The news received a mixed response:Nationwide was unoptimistic, saying it

UK House Prices Down 2.0% in February, 16.5% on Last Year

Posted:2009-03-27 15:43:04 - By Liam Bailey

House prices in England and Wales fell 2% in February according to the latest release of the Land Registry house price index, bringing the average price down to £153.862 and the annual fall to 16.5%.

Dubai Property Prices to Keep Falling - Whether Banks Lend or Not

Posted:2009-03-27 08:23:32 - By Liam Bailey

A Middle East mortgage broker has said that UAE property prices, especially in Dubai will decline a lot further unless banks restart lending. "If financing and liquidity comes in, that will soften the

UK Property Prices to Drop Another 55% - I Doubt It

Posted:2009-03-21 22:34:44 - By Liam Bailey

I really don't see UK property prices dropping by another 55%. The Numis report that said they potentially would based the claim on the housing depression of the early 90's but the global nature of this

NAEA: Prices up on Smaller and Luxury UK Properties

Posted:2009-03-16 16:20:45 - By Liam Bailey

The National Association of Estate Agents has released more figures concerning the UK property market, and property prices in February. Apparently small properties saw price rises in February, as did luxury

New HIPs Law to Help Private Sellers

Posted:2009-03-12 10:24:50 - By The Little House Company

The government is changing the law pertaining to Home Information Packs (HIPs): from the 16th of April 2009, HIPs will need to be available from the first day a property is advertised, and will need to

Property Sells Faster Online with Little House

Posted:2009-03-10 15:51:47 - By The Little house Company

As selling property privately using online portals becomes an increasingly popular way of selling homes. A company that has been helping people sell property privately for more than 8 years continues to

UK Property Prices Down 2.6% - Halifax, January Rise a Blip

Posted:2009-03-05 12:57:53 - By Liam Bailey

Patrick Collins, the Guardian money editor was right on the money when he said the January price rise reported by the Halifax was just a blip and should not be viewed with too much optimism. I pointed

Cyprus Property: Body reports Rise in Nicosia Prices

Posted:2009-03-04 20:10:08 - By Emma Louise Bailey

Property prices in Nicosia Cyprus have risen by up to three percent despite the credit crunch and widely reported massive slump in sales, according to the Contractors Association (CA), reports the Famagusta

US Foreclosure Auction Giant Comes to 'Flood UK Property Market'

Posted:2009-02-28 19:00:50 - By Liam Bailey

A massive US property auction company, currently specialising in foreclosed properties, is coming to the UK, reports the Guardian.The company, Real Estate Disposition Company has been approaching UK mortgage

England and Wales House Prices Fall 0.8% in January - Land Registry

Posted:2009-02-27 13:10:13 - By Liam Bailey

According to Land Registry figures released today Wales and England property prices saw a monthly fall of 0.8%, January 2009 compared to December 2008, making the annual fall 15.1% according to the Land

UK Property: Nationwide Report 1.8% Drop in House Prices

Posted:2009-02-26 12:26:49 - By Scott Bailey

Figures released by the Nationwide reveal a 1.8% fall in UK property prices for February. The UK national average property price is now, £147,746. According to the building society the main problem

More Positive Signs for the UK Property Market

Posted:2009-02-13 19:41:38 - By Emma Louise Bailey

Knight Frank today reported a 25% year on year growth in buyer interest in rural properties in January 2009.According to all reports the recovery will depend on increased availability of finance, and an

New Credit Checks May Stunt UK Property Recovery, Prolong Recession

Posted:2009-02-11 21:27:50 - By Liam Bailey

A new credit-scoring system revealed this week could cause the UK property slump to be worse than is currently expected, and make the UK economic situation as a whole worse. In fact, it could send the

First Time Buyers: Rent for a While Yet

Posted:2009-01-29 21:28:45 - By Liam Bailey

I have just been reading a thread on the forum House Price Crash, and the consensus of opinion is that those first-time buyers who have been renting because they couldn't afford to buy in their area, should

By Rss

All Write About Property Articles