Gross mortgage lending totaled an estimated £18.7 billion in October, almost 7% higher than what was an admittedly weak £17.5 billion lent in September according to new figures from the Council of Mortgage Lenders.
The Vale in Kensington and Chelsea is the most expensive residential street in England and Wales, with an average house price of £4,677,500 based on transactions between 2004 and 2008 according to new figures from the Halifax.
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Although some Polish workers have recently left the UK, new research shows that there has been a new wave of demand from Poland for UK rental properties as others now consider a move to the UK, reveals statistics from ludlowthomson.com, London’s lettings agent.
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Hamptons International, has released its latest quarterly house price review: tracking price changes, rental movements and optimum investment yields across London and the southern regions of the UK for Q2 2008.
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A £60million ‘rescue’ package to tackle the capital’s empty homes problem was announced today by the Mayor of London, Boris Johnson, to help deliver his manifesto commitment to reduce long-term empty homes to 1% of London’s total housing stock.
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The value of prime central London property fell by 5.5% in the second quarter of 2008. This follows two quarters of less severe falls, bringing the total fall since the peak of summer of 2007 to 9.0%.
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To celebrate the exciting opening of their new office, Foxtons Camden is running a 0% commission offer to the first 200 home owners who instruct them to sell their property.
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The annual rate of house price growth in London slowed sharply for the second consecutive quarter, dropping from 12.8% to 5.6%.
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Deputy Mayor of London Nicky Gavron and Joan Ruddock, Minister for Climate Change, Biodiversity and Waste, have this week launched a report which addresses how homes in the South East of England can be adapted to the impacts of climate change.
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The mix-adjusted average house price in the UK in January 2008 stood at £221,758, up from £218,007 in December 2007 according to official Government figures.
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Findings from the Hamptons International ‘Heat Map’ have revealed a 15% rise in the number of London postcodes witnessing an increase in the average price per square foot (up to 70% from 55% in November 07) and overall our rolling average indicates a 2% rise in house price growth across London.
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