House prices in England and Wales rose 0.2% in February as first-time buyers hit the market with urgency to beat the deadline on the stamp duty concession, which ends later this month. According to the LSL / Acadametrics House Price Index, transactions were up 13% compared with January, having surpassed the typical seasonal increase of [...]
index
House prices up 0.2% as transactions leap 13%
House prices in England and Wales rose 0.2% in February as first-time buyers hit the market with urgency to beat the deadline on the stamp duty concession, which ends later this month. According to the LSL / Acadametrics House Price Index, transactions were up 13% compared with January, having surpassed the typical seasonal increase of [...]
House prices slip again in January
House prices in England and Wales slipped 0.2% in January, according to the LSL/Acadametrics index, with the annual rate of decline standing at 1.4% (December -0.9%). At £218,992, the value of the typical home fell for the third consecutive month, dropping more than expected, given the normal seasonal slowdown. LSL Property Services commercial director, David [...]
Nationwide: house prices down 0.6%
Homeowners in fear of negative equity need to brace themselves for the latest index from Nationwide, which shows UK house prices slipping by 0.6% in August, to an average £165,914. July saw an 0.3% gain but the building society points out that August’s decline doesn’t change the overall picture of stability in the market, with [...]
Rise in buy-to-let mortgage activity
Buy-to-let accounted for over 20% of mortgages handled by intermediaries in the final three months of 2010, with the proportion up from 17% in the previous quarter and at its highest for three years.
According to Paragon Mortgages’ Financial Adviser Confidence Tracking Index, 45% of the buy-to-let business handled by intermediaries during the period was for [...]
Annual house price growth below inflation
Average house prices in England and Wales recorded a marginal fall of 0.2% in December, to £222,827, according to the LSL/Acadametrics House Price Index.
Over the whole of 2010, house price growth stood at 2.9%, compared to 5.3% in 2009.
However, regional disparities are widening, with annual growth significantly stronger in traditionally high-value areas such as London [...]
