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Interest Rates ‘Curbing’ House Price Growth

Property prices grew by their slowest rate for some 18 months, new research indicates.According to a study by Hometrack, the value of the average house increased by some 0.1 per cent over the course of July to 176,300 pounds - the lowest monthly increase noted since the beginning of 2006. With the latest figures indicating [...]

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‘Bad Weather’ Leads To Property Price Decrease

The recent unseasonable weather has caused house prices to fall, according to a new study.Research carried out by SmartNewHomes reveals that the average cost of a new property decreased by 0.3 per cent over the course of June to 260,073 pounds in comparison to the 260,832 pounds recorded in May. The decrease was attributed to [...]

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‘Stall’ Noted In House Price Rises

Property prices "stalled" over the course of this month, new statistics reveal.In research carried out by Nationwide, house prices increased by 0.1 per cent during July - the lowest rate of growth recorded since April 2006. Following three previous months witnessing double-digit increases, the latest figures were said to bring the annual rate of property [...]

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Decrease Recorded In First Time Buyer Numbers

In research carried out by the Council of Mortgage Lenders (CML), the number of first-time buyers getting on the property ladder was revealed to have fallen.Over the course of June, some 35,600 loans were issued to those looking to make their initial steps into the housing market - down from the 39,800 recorded in the [...]

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