Irish first time buyers pay out 250k |
Figures from PermanentTSB and ESRI in Ireland have showed that the average price of a house for first-time buyers passed the 250k euro mark for the first time in January.
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Wait and see as prices fall by 0.2pc |
House prices in the UK fell by 0.2% in February, according to the latest survey from the Nationwide building society.
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House price growth speeds up |
House prices rose for the third consecutive month during February and at the fastest pace since June 2004, according to the latest price survey from Hometrack.
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£360bn waiting for inheritance |
Halifax Financial Services (HFS)has estimated that over £360bn in today’s money of housing assets will pass from one generation to another over the next 15 years.
Additionally, the value of housing assets left in wills every year may have more than doubled from £14bn in 2002/3 to £32bn in today’s money by 2020.
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BBA: Mortgage lending slows |
Mortgage lending continued to slow at the start of 2006, according to the British Bankers’ Association (BBA).
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CML: Stronger mortgage lending figures |
Gross mortgage lending totalled £23 billion in January – the highest January lending figure on record, according to the latest data from the Council of Mortgage Lenders.
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Asking prices breach £200,000 |
The average asking price of a home in England and Wales has passed the £200,000 barrier due to renewed demand from buyers, a report from Rightmove.co.uk has said.
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House prices fell by 0.9% in August, the second consecutive month where a fall has occurred leaving the average house price at £166,507, Nationwide has said.
Lloyds TSB has introduced a new, market leading fixed rate mortgage at 2.94%, the product is available both for house purchase and remortgage for borrowers with a deposit of at least 30%.
Confidence among landlords has dipped for the first time in almost two years, driven by uncertainties including housing benefits and tax changes announced in the emergency budget, according to the latest NLA Landlords’ Optimism Index.
Confidence among landlords has dipped for the first time in almost two years, driven by uncertainties including housing benefits and tax changes announced in the emergency budget, according to the latest NLA Landlords’ Optimism Index.
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