Housing Market Confidence Slow to Recover
Consumer confidence in the housing market doesn’t appear to have fully recovered since June’s General Election, according to new research from the Building Societies Association (BSA). It found that over a quarter of respondents (27%) do not agree that now is a good time to buy a property compared to just 23% who do. Although […]
Proximity to Premiership Grounds Can Impact House Prices
New research from Halifax has looked at the impact that proximity to the grounds of a Premiership football team can have on house prices. The research looked at house prices of properties near the grounds of all 49 football clubs that have played in the Premier League since 1992, to see which area had hit […]
House Price Index Reveals Annual Price Rise
UK house prices rose by an average of 4.1% on an annual basis, taking the average property value to £215,847, according to March’s edition of the UK House Price Index (UK HPI). On a monthly basis, house prices have fallen by 0.6% across the UK since February 2017. Country Breakdown In England, the March data […]
Proximity to a Farmers Market Can Boost House Prices
New research by Zoopla has found that properties located close to a popular farmers market could be worth up to 26% more than the average home in the same county. It appears that living in close proximity to a weekly supply of organic vegetables and artisan bread can come at a price, with properties near […]
Scottish Housing Market Update
There was a rise in the average price of a property in Scotland in October 2016, taking the average price to £143,131, the latest UK House Price Index (UK HPI) has revealed. This is an increase of 4% over the previous year, and an increase of 1% compared to September 2016. Across the UK as […]
Rise in Number of First-Time Buyers
The number of mortgages granted to first-time buyers in the third quarter of this year is at its highest level since 2007, according to new figures from the Council of Mortgage Lenders (CML). In total, first-time buyers borrowed £940 million, up 3% on the second quarter and 6% on the third quarter last year. This […]
Location Adds Premium to House Prices
Location is one of the most important considerations for home buyers when it comes to deciding on a new house, and many purchasers are prepared to pay a premium to secure their ideal setting. Rural Premium The Scottish countryside is one such location that carries a property premium, with recent Bank of Scotland research revealing […]