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Property News

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Average House Prices Hit Record High

The average property price in the UK has hit £212,494, which is a 5.6% increase on last year and a 1.4% increase on last month, according to the latest Housing Market Monitor from estate agent Haart.

UK Rental Costs Highest In Europe

Rental costs in the UK are the highest throughout Europe, according to figures from the National Housing Federation (NHF).

UK House Prices To Rise 25% Over Five Years

UK house prices have been predicted to rise by 25% over the next five years as demand continues to outstrip supply.

Generation Gap In FTB Market Perceptions

A new study by high street bank Halifax has found that there are wide differences in perceptions of the first time buyer market between generations.

8,300 People At Risk Of Home Repossession Every Week

More than 8,000 people in the UK were put at risk of losing their house each week in the first three months of this year, according to housing charity Shelter.

Number Of Homes For Sale Falls

The number of houses for sale in the UK has fallen to its lowest level in many years, fuelling the UKs current housing crisis.

Cost Of Renting Continues To Rise

The cost of renting a home has risen by 4.6% over the past year, according to data from property group LSL.

Average Home In London To Reach £1m By 2030

It has been predicted that the average house price in London will reach £1m by 2030, according to research by Oxford Economics. The research suggested that house prices will continue to rapidly increase as a result of strong jobs growth, a growing population and a severe housing shortage.

Young Renters Have Highest Risk Of Identity Fraud

People who are in rented accommodation face a much higher risk of having their identity stolen, according to credit reference agency Experian.

Builders: 200,000 New Homes A Year Impossible

Housebuilders have claimed that it would be impossible to build the 200,000 new homes in the UK each year, the amount pledged by Labour, the Liberal Democrats and UKIP.

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