Spending on DIY has declined to its lowest level in over 15 years, according to research from Lloyds TSB, with the continued squeeze on household finances and a subdued housing market blamed for the squeeze. Last year saw a total DIY spend of around £7.8 billion, equating to a miserable £300 per household, and with [...]
lloyds tsb
DIY spend hits 15 year low
Spending on DIY has declined to its lowest level in over 15 years, according to research from Lloyds TSB, with the continued squeeze on household finances and a subdued housing market blamed for the squeeze. Last year saw a total DIY spend of around £7.8 billion, equating to a miserable £300 per household, and with [...]
Sales hotspots shift north
The number of property sales hotspots in England and Wales fell to its lowest level since the height of the financial crisis in 2008, according to new research by Lloyds TSB. Just 40% (202) of the 500 towns tracked demonstrated “hotspot” status last year, with sales rising. Overall, there were 630,389 home sales in England [...]
Sales hotspots shift north
The number of property sales hotspots in England and Wales fell to its lowest level since the height of the financial crisis in 2008, according to new research by Lloyds TSB. Just 40% (202) of the 500 towns tracked demonstrated “hotspot” status last year, with sales rising. Overall, there were 630,389 home sales in England [...]
Moving costs rise faster than house prices
The cost of moving house in the UK has risen at a faster rate than house prices over the past decade, according to new research by Lloyds TSB. Since 2001, house prices have jumped 64% whereas the average cost of selling a home and buying another has surged 69%, from £5,290 to £8,922 (lower-band stamp [...]
Moving costs rise faster than house prices
The cost of moving house in the UK has risen at a faster rate than house prices over the past decade, according to new research by Lloyds TSB. Since 2001, house prices have jumped 64% whereas the average cost of selling a home and buying another has surged 69%, from £5,290 to £8,922 (lower-band stamp [...]
North bears brunt of 47% drop in house sales
Property sales have fallen significantly across England and Wales since 2007 amid a widening North / South housing divide, new research by Lloyds TSB suggests. Last year, 649,957 homes changed hands with the total down 47% on 2007, however, sales in South fell 42% compared with a 51% drop in the North. Lloyds’ research also [...]
Councils support first-time buyers with deposit scheme
Councils are backing first-time buyers by providing help with deposits, the BBC has reported. Local Lend a Hand schemes are being launched by local authorities in Warrington, Northumberland, East Lothian, Blackpool and Newcastle-under-Lyme for potential first-time buyers who can afford monthly mortgage repayments but not a 25% deposit. Working with Lloyds TSB, the councils will [...]
Spa towns command 16% house price premium
House prices in spa towns across England and Wales are typically £38,000 (or 16%) above their county average, according to Lloyds TSB research.
Only three spa towns have prices that fall short of their county average: Epsom in Surrey (-5%); Llandrindod Wells in Powys (-7%) and Boston in Lincolnshire (-15%).
However, Epsom is the country’s most [...]
