UK House Price Update
Average UK property prices grew at their fastest annual rate for nearly six years this January, according to the latest data from Rightmove. The property portal’s house price index showed that average asking prices grew by 0.3% month-on-month, to stand at £341,019 in January 2022. This contributed to a 7.6% rise in the overall annual […]
UK housing market expected to stabilise in 2022
2021 was one of the busiest for the housing market in more than a decade. This year price rises are predicted to ease, but increases in 2021 still may make it difficult for first-time buyers The trends driving the market have been well discussed – a ‘reassessment of home’ prompted by the pandemic, a ‘search […]
11 reasons why Birmingham will soon be the most brilliant city in the world
If you think Birmingham has transformed in recent years, you ain’t seen nothing yet! Since official confirmation that Brum had won the 2022 bid back in 2017, Birmingham has been going through a whirlwind of building activity. In an interview with BirminghamLive last year, Cllr Ian Ward, head of Birmingham City Council, said the legacy […]
UK House Price Update
The price of property coming to market drops by an average of 0.6% (-£2,044) compared to last month, the largest monthly fall since January’s -0.9%. While market activity remains robust, this pre-Christmas price lull is aiming to attract festively distracted buyers. With this slight softening of prices expected to last until Christmas, it offers a […]
Work Set To Start On Netflix-Linked Ashford International Studios In Newtown In 2022
Work on an ambitious film studios plan linked to Netflix, Amazon and HBO is set to start next year after the scheme received a £14.7 million boost in the budget. It was announced earlier in the month that the proposed transformation of Ashford’s derelict Newtown railway works into 7,440 sq m of filming and production […]
UK Housing Market Outlook: What can we expect in 2022?
This year has been one of the busiest for the housing market in more than a decade. Zoopla’s estimates show that there will be 1.5 million sales this year, with the total value of homes changing hands at £473bn, some £95bn higher than in 2020. The trends driving the market have been well discussed – […]
UK House Prices July 2021
The number of homes changing hands in the UK rose to the highest level on record in June, with 213,120 sales registered with HMRC. The flurry of activity before changes to stamp duty rules in England, Wales and Northern Ireland made for the busiest month since the figures were first published in April 2005, during […]
House prices rise in the North West of England.
House prices have risen sharply across the UK, driven by an increase of more than 15% in the year to May in the North West of England. Official figures show property prices also rose at a rapid rate in Scotland, Wales and the North East of England. The Office for National Statistics (ONS) said the […]
Britain’s Lloyds enters private rental market
British lender Lloyds Banking Group (LLOY.L) said on Wednesday it has launched its private rental business and aims to buy more than 1,000 residential properties by the end of next year. Under the brand “Citra Living”, Lloyds expects to have its first tenants within the next few weeks in Fletton Quays in Peterborough, the company said in […]
John Lewis to become a major private landlord.
John Lewis to become a major private landlord. Retailer John Lewis is preparing to become a large private landlord after unveiling plans to build 10,000 new homes on land it owns across the UK. The new homes will be built over the next 10 years on land currently used as car parks and above Waitrose […]
