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Nationwide survey shows house price decline

Nationwide survey shows house price decline

Thursday 2nd September 2010

The Nationwide property survey has today revealed that UK property prices fell by 0.9% between July and August which appears to show the rate of decline is speeding up from 0.5% in July. While the year on year increase in UK property prices ... Full Story>>

Northern Ireland property market fragile

Northern Ireland property market fragile

Wednesday 1st September 2010

It would appear that hopes of a short to medium-term recovery in the Northern Ireland property market may well be dashed with news that property prices fell by 2.5% in the second quarter of 2010 compared to the first quarter. While the year on ... Full Story>>

Will local authorities allow more new developments?

Will local authorities allow more new developments?

Tuesday 31st August 2010

As we have covered in a number of articles of late, there is still a crisis in the UK property sector with the number of homes being built on an annual basis still not covering the increase in the UK population and the number of households. As ... Full Story>>

National Housing Federation warns on negative equity

National Housing Federation warns on negative equity

Tuesday 31st August 2010

The National Housing Federation has today issued a report which suggests that those who acquired their properties at the height of the property boom in 2007 will experience negative equity until 2014. Those who bought their properties at the ... Full Story>>

Is the long-term growth trend in UK property still in place?

Is the long-term growth trend in UK property still in place?

Monday 30th August 2010

Despite the fact that UK property market has been a volatile over the last three years, and indeed according to many is on the verge of a further downward spiral, the truth is that in the longer term the UK property market is likely to remain ... Full Story>>

Beware of overstretching yourself in the property market!

Beware of overstretching yourself in the property market!

Monday 30th August 2010

Despite the fact that the UK property market is in the eyes of some people looking better value than it has for some time, you must always be aware of overstretching your finances when acquiring that dream property. Many people automatically ... Full Story>>

Northwest property market hit by fall

Northwest property market hit by fall

Monday 30th August 2010

Despite the fact that the average UK property fell by 0.3% in July, figures obtained by the property industry show that the average price of a home in the Northwest of England fell by 0.5% over the same period. There has been a marked increase ... Full Story>>

First-time buyers struggling

First-time buyers struggling

Monday 30th August 2010

First-time buyers in the UK property market are struggling as banks demand larger and larger deposits despite the fact we saw an increase in competition in the sector just a few weeks ago. The average deposit required to obtain a mortgage is ... Full Story>>

Average house prices continue to rise

Average house prices continue to rise

Friday 27th August 2010

The average house in England and Wales is now worth about £166,798 which is a 6.7% increase over last 12 months. While this is an impressive increase in house prices over the period there is no doubt that pressure is starting to tell on the UK ... Full Story>>

Will a rise in UK rents spoil the first time buyer market?

Will a rise in UK rents spoil the first time buyer market?

Friday 27th August 2010

Over the last few weeks it has become more and more apparent that the UK property sector is benefiting somewhat from an increase in those looking to rent rather than those looking to buy. The Royal Institute of Chartered Surveyors has ... Full Story>>