Rents in England and Wales dipped by 0.3% in March, falling for the second consecutive month to an average £705 pcm, according to the latest buy-to-let index from LSL Property Services. The South West and East Midlands saw the biggest decreases, with rents falling by 1.5% and 1.4% respectively compared with February. Average rent also [...]
LSL
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 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 [...]
Scottish house prices forge ahead
House prices in Scotland rose for the third consecutive month in September, putting on 0.8% and easing the annual rate of decline to minus 1.5% (August: minus 1.9%). According to the latest LSL/Acadametrics survey, the average house price in the country rose to £147,546 as wealthier buyers continued to take advantage of the cheap mortgage [...]
House prices return to monthly decline
House prices in England and Wales fell 0.3% in September, compared with August, following two consecutive months of price rises, albeit marginal ones. According to the latest LSL/Acadametrics index, outside London, prices fell across all regions. At £218,650, the value of the typical home stood £18,416 (or 9.2%) above its April 2009 trough and £13,179 [...]
House prices nudge up in April
The average price of a home in England & Wales rose by 0.3% in April, to £223,352, taking the annual growth rate to 0.9%, up from 0.3% in March. According to the latest LSL/Acadametrics house price survey, the monthly rise was driven by a rush of transactions involving wealthy buyers intent on avoiding higher stamp [...]
Tenant arrears rise as rent increases loom
The UK’s private rental sector saw tenant arrears rise to almost 12% of all private rent in December, up 2% compared with a month earlier, according to the latest survey from property group, LSL.
Total arrears, estimated at £276 million, were at their highest since December 2009, with rising unemployment likely to drive the figure into [...]
