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Terraced homes achieve top price growth

The average price of a terraced home in the UK has risen by more than any other property type over the last 10 years, according to new Halifax research. The typical terraced dwelling cost £89,843 in the second quarter of 2001 but having put on £118 a week, is likely to be changing hands for [...]

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Rightmove reports “trouble on the terraces”

Tightening lending criteria has hit prospective buyers of terraced properties hardest, Rightmove reports, as they are least able to save the necessary deposits. In response, sellers of the typical first-time buyer terraced home are sitting tight, with new stock of this type of property down 31% in March, compared with pre credit-crunch levels. In addition, [...]

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