Polski Dzial Proximity to Premiership Grounds Can Impact House Prices
New research from Halifax has looked at the impact that proximity to the grounds of a Premiership football team can have on house prices. The research looked at house prices of properties near the grounds of all 49 football clubs that have played in the Premier League since 1992, to see which area had hit […]
Scotland’s Most Expensive Property Locations
Edinburgh is Scotland’s most expensive property location on a per square metre basis at £2,492 compared to the Scottish average of £1,529, new research from Bank of Scotland has revealed. Edinburgh is also apparently the only city in Scotland to have an average house price per square metre higher than the British average of £2,260. […]
Research Reveals Evolution in Housing and Mortgage Markets
New research into recent trends in the housing and mortgage lending markets has revealed that borrowing into older age is likely to be much more common over the next ten years. Increase in Mortgage Debt of Over-65s According to the study by the International Longevity Centre-UK (ILC-UK), supported by the Building Societies Association (BSA), the […]
Housing Market Confidence Stabilises
New research from Halifax has revealed that confidence in the UK housing market has stabilised following a record decline. The Halifax Housing Market Confidence Tracker tracks House Price Optimism – consumer sentiment on whether house prices will be higher or lower in a year’s time. The latest findings have shown a small improvement (+2 points) […]
Update on Help to Buy (Scotland) Scheme
In a move that aims to help more families onto the housing ladder, the Scottish Government has announced that the price cap on properties eligible for the Help to Buy (Scotland) scheme will remain at £200,000 in 2018/19. The scheme helps eligible householders buy a new build home from a participating builder by contributing up […]
House Prices Predicted to Rise in 2017
RICS recently published its housing forecast for 2017, which predicts an average increase of 3% in house prices in the UK over the course of the year. According to RICS, the supply of new houses onto the property market, or lack of it, is at the forefront of the analysis and dominates the residential market. […]
Lenders Publish Latest UK Property Market Figures
The latest House Price Index from Halifax has revealed that UK house prices in the three months to November were 6.0% higher than in the same three months of 2015, and 0.8% higher than in the preceding quarter of 2016. It has also shown that house prices increased by 0.2% between October and November, which […]
Shortage of Houses on the Market Pushes Up Prices
The UK has seen an increase in interest from prospective homebuyers for the second month in a row, according to RICS, with 10% more surveyors reporting a rise in demand from buyers during October than a fall. RICS has also found evidence of a continued rise in house prices, with 23% more respondents seeing price […]
House Price Index Reveals Scottish House Price Rise
The latest House Price Index has revealed that the average property price in Scotland in May 2016 was £141,142. This was an increase of 4.0% on the previous year and an increase of 2.8% when compared to the previous month. In comparison, the UK house price average was £211,230, which was an increase of 8.1% […]
Research Reveals Mortgage Lending Trends
The Council of Mortgage Lenders recently published a breakdown of house purchase lending in Scotland during the first quarter of 2015. The figures show that, on an unadjusted basis: “Seasonal factors often affect lending levels in the first quarter of the year, but there are encouraging indicators in Scotland, as all lending types showed growth […]