House price growth firm in August |
The annual rate of house price inflation picked up for the third consecutive month in August according to Nationwide.
The building society’s monthy housing report found that house prices are now 6.6% higher than at this time last year – the fastest annual rate of growth since
April 2005.
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One million new homes could be built on brownfield landGovernment statistics claim that existing stocks of available “brownfield” land could accommodate up to one million new homes.
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London boom likely to puff out |
House prices rose by 0.4pc during August according to Hometrack.co.uk.
This brings house price growth over the first eight months of 2006 to 3.9pc.
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West Coast seaside towns see stronger house price growth
New research from Halifax Estate Agents shows that seaside towns on the West coast have seen stronger house price growth over the past five years with fourteen of the top twenty located on the West coast against 6 on the East coast.
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House prices likely to retreat in 2007
A Reuters poll has suggested that property will cool off later this year and into next, thanks to with rising interest rates and overvalued property.
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Energy and Money Saving Tips |
Faced with soaring gas and electricity prices, over one quarter of people have carried out energy and fuel saving home improvements over the last year, according to new research from Halifax, the UK’s largest mortgage lender.
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NatWest Marks 10 Years of Buy-to-Let
This month marks the ten-year anniversary since the inception of the buy-to-let mortgage and to mark this great occasion, Natwest has introduced some new mortgage rates. Read more »
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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