Rents increase further as lettings market buoyed up
The lettings market remains buoyant, as increased tenant demand and a shortage of properties pushes rents higher, says the latest RICS Residential Lettings Survey.
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House prices fall for the first time in a year
More surveyors reported a fall than a rise in house prices for the first time since July 2009 as demand from purchasers slipped back and the number of properties coming to the market continued to increase, says the latest RICS UK Housing Market survey.
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HIPS go…and the supply of homes increase
House prices edged up in May, but the Government’s decision to abolish HIPS has given supply a boost, says RICS May UK Housing Market survey.
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House prices in London show strong gainsRICS Chief Economist Simon Rubinsohn has commented on data released by Lloyds Banking Group (Halifax), which states that house prices fell for the second successive month, in contrast to figures published earlier by Nationwide Building Society suggesting that house prices actually rose in May.
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Rents start rising againA lack of supply is pushing rents higher signalling a revival in the lettings market, says the latest RICS Lettings Survey.
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Spring optimism helps lift the housing market
Sentiment rebounded in April helped by the better weather with surveyors also expecting a post-election bounce, says the RICS UK Housing Market Survey.
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March house prices:What the regional surveyors said
The March 2010 RICS Housing Market Survey showed surveyors remained positive on price movements over the last three months at the national level, but less so than in February, here we report on the regional comments made by RICS members.
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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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