London house prices rise as estate agents predict Brexit delay will spur demand for family homes April 15, 2019 London house prices ticked up this month as sellers raised their expectations as demand from families combined with a Brexit delay for an anticipated spring bounce. Read more: Brexit uncertainty will drag down London house prices over 2019 The average price of new-to-the-market homes saw their largest April rise since 2015, growing 1.1 per cent [...]
House transactions edge up despite Brexit uncertainty denting Spring bounce March 21, 2019 Signs of growing activity in the UK housing market have emerged this morning, with new figures signalling a potential change in tune among buyers who have so far been holding off on deals in the run-up to Brexit. A modest rise in property transactions last month has industry experts noting that some buyers are choosing not [...]
ii winter portfolios 2018-19 deliver mega profits March 13, 2019 | City Talk Four months into this six-month strategy and both our winter portfolios are thriving, writes Lee Wild. Finding a trading strategy that works 100 per cent of the time is the Holy Grail of investing. We’re not claiming to have found it here, and seasonal trading is not for everyone, but there is a statistical anomaly backed [...]
Rightmove shares slump despite strong results March 1, 2019 Shares in property website Rightmove fell this morning despite the company reporting an increase in revenue and profits. Rightmove’s share price dipped 5.6 per cent to 455p today as the firm announced its full-year results for 2018. Read more: London house sales drop over political uncertainty The figures Underlying operating profit was up 10 per [...]
Number of first-time buyers soars to 12-year high February 19, 2019 The number of first-time buyers in Britain reached a 12-year high in 2018, with more competitive asking prices and government schemes such as Help to Buy providing a much-needed boon for hopeful homeowners. According to data released by UK Finance this morning, there were 370,000 new first-time buyer mortgages completed in 2018, marking the highest number [...]
UK house prices’ affordability improves at fastest rate for eight years as wage growth outpaces prices February 18, 2019 Prospective house buyers could be set for a change in fortunes as affordability improves at its fastest rate in eight years, new data has revealed. With annual house price growth at just 0.2 per cent, the annual wage increase of 3.4 per cent is outpacing asking prices at the fastest rate since 2011, according to figures [...]
London house prices fell 1.5 per cent in December as Brexit bites January 21, 2019 The average asking price for London houses fell 1.5 per cent in December compared to the previous month as Brexit uncertainty continued to dampen the capital’s property market, according to figures released today. Figures from the latest Rightmove House Price Index showed the average asking price for a London home is now just under £594,000. [...]
UK house prices 2019: What experts say will happen after Brexit December 31, 2018 Has there ever been a more difficult time to predict the future of UK house prices? Political uncertainty looms large over the UK’s property market, but experts have nonetheless given their expectations for the year to come. Bank of England governor Mark Carney showed how dangerous the numbers game can be in November, when he had [...]
London house sales drop over political uncertainty, according to Rightmove data December 17, 2018 Londoners are hesitant to sell their homes due to political uncertainty, according to new research. The number of properties that were brought to market this month was down 19 per cent on the same period last year, leading to a smaller than usual December price drop of 1.8 per cent. Inner London home owners were [...]
Buyers eye up Christmas offers as prices slip in November November 19, 2018 Homeowners hoping to sell their house are slashing prices and expectations, in a move that signals a boon for buyers in the run-up to the festive season. Property prices tumbled 1.7 per cent this month, marking the largest November drop since 2012, with London’s stagnant housing market continuing to see a sharper decline than any [...]