UK’s second largest independent housebuilder reported yesterday that net private reservations for its sites were running 34% ahead of the same time last year. However, once again, there were words of caution for UK’s battered housing market.
UK’s second largest independent housebuilder reported yesterday that net private reservations for its sites were running 34% ahead of the same time last year. However, once again, there were words of caution for UK’s battered housing market.
Net consumer lending rose less than expected in September but the number of loans approved for house purchase hit an 18-month high, according to Bank of England figures released today.
According to the latest figures from the asset manager Young Group, the buy to let investors are returning to the market. The Young Index for Q1 2009 said that increasing numbers of residential property investors are looking to purchase new UK properties in the next 12 months.
This represents a 33% increase over the last quarter. [...]
Many people are debating as to when average UK house prices will bottom out? They are hoping to purchase a house at the lowest possible price.
The main questions people need to answer is where should I buy and how much can I afford to spend?
You need to consider the following:
How much can I afford to [...]
UK house prices have risen in the month of January by 1.9% according to Halifax which on the surface appears to be terrific news. Especially considering there has been so much depressing news about thousands of people loosing their jobs.
Some people may think that 1.9% increase is not a significant improvement in the housing market, [...]