Property News

Property market returning to normal

07 April 2010

The property market is returning to more normal conditions as increasing numbers of people put their homes up for sale, research has shown. Estate agents in England and Wales reported a 5.6% jump in the number of properties they had on their books during March, according to ho...

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House prices increase amid shortage

House prices increase amid shortage

18 December 2009

House prices rose by 0.5% during October as the market continued to be boosted by a shortage of homes for sale, research has showed. The increase left the average UK home costing £198,450, just 2.2% lower than in October 2008, according to Communities and Local Government. ...

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House price recovery set to ease

House price recovery set to ease

02 December 2009

House prices rose for the fourth month in a row during November but there are signs the pace of the recovery may begin to ease in the months ahead, research showed. The average cost of a home in England and Wales increased by 0.2% in November to stand at £156,700, according t...

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House prices up third month in row

House prices up third month in row

03 November 2009

House prices edged ahead for the third month in a row during October as the market continued to be supported by a shortage of properties for sale. The average cost of a home in England and Wales rose by 0.2% during the month to £156,400, only 4.2% below its level 12 months ago...

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Interest rates 'set to stay low'

Interest rates 'set to stay low'

14 October 2009

Interest rates will stay at rock bottom in the years to come as the Government tackles the UK's wounded economy, a report has predicted. The cost of borrowing is to remain at its record low of 0.5% until at least 2011 and remain below 2% until 2014, according to a study by th...

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