House prices rose slightly in October, but recorded a year-on-year drop for the seventh month in a row, official figures have shown.
The typical UK house sold for £205,974, the Department for Communities and Local Government (CLG) said, as prices went up by 0.6% over the month but decreased by 0.4% over the year.
The figures, released as the Royal Institution of Chartered Surveyors (RICS), said demand for property in the UK rose during November, with an increase in new buyer inquiries for the third month in a row, the first time the market has enjoyed such an extended period of demand growth
More landlords should consider buying "hassle free" new build homes which are instantly ready for occupancy upon completion makng them ideal buy-to-let investments, according to north-London based estate agency Robert Anthony.
Adam Feather, the company's managing director, says that new homes are a "landlords dream" because they do not require any modifications and are immediately ready to let out to tenants.
"We have been inundated with tenant enquiries all year, but among the most popular homes are new build properties, because they are contemporary and often consist of energy efficient
Remember that there are only a few remaining auctions taking place this month before the Christmas break. The auctions finish at the end of next week and will not begin again until early February - catalogues for 2012 will start being released towards mid January. Unsold lots from the past month's auctions are being uploaded into our database on a daily basis - so keep a look out and make sure you contact the auctioneer to find out more about any of the available lots that may catch your eye!
House hunters in the North West have received a boost to their chances of finding affordable new homes in Cheshire thanks to a deal between Bovis Homes and Cheshire East Council, which makes three new two-bedroom cottages at the Brook Valley development in Congleton available with a special Local Home Ownership Scheme.
The lucky owners who qualify for the scheme can pick up one of these new properties for just 70% of their market value - £103,250. Local house hunters who would like to know more about the scheme should contact the housebuilder straight away to find out more, as these new
If you're wanting a quick and stress free house sale, then auction might be the right route for you. Get the ball rolling today by requesting a free, no obligation property valuation from one of our auctioneers.
Taxpayers will underwrite mortgages totalling hundreds of millions of pounds under plans to “unblock” the housing market and revive the flagging economy.
The Prime Minister and his deputy, Nick Clegg, will unveil proposals to help first-time buyers of new homes by carrying part of the risk of their mortgages. They also propose subsidising the construction of 16,000 homes by giving £400 million of taxpayers’ money to property developers.
In a further move, ministers are working on a scheme under which billions of pounds of money in pension funds will be used to finance the construction of
New homes are set to become increasingly popular among people looking to purchase a house over the next few years, according to Vernon Pethard, managing director of online resource New Homes For Sale.
Mr Pethard explained there is currently a short supply of new properties due to reasons such as the problems being faced by first-time buyers in accessing mortgage finance and the "snail-like" progress being made on the nation's planning system.
Last week (November 17th), the Department for Communities and Local Government revealed that the seasonally-adjusted house building starts dipped
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Just a quick reminder for you about this year's Ideal Home Show - bringing together over 500 quality exhibitors to offer everything you’ll need to make your home ideal for Christmas.
From furniture to festive food, gorgeous gifts to the latest gadgets, home improvements to fashion & beauty, this is the only place you need to visit for an ideal Christmas. Plus Celebrity Guests, Catwalk shows, Live Entertainment, DIY demonstrations, Celebrity Chef Theatre, Fabulous Shopping and much more!
If you're wanting a quick and stress free house sale, then auction might be the right route for you. Get the ball rolling today by requesting a free, no obligation property valuation from one of our auctioneers.