House prices in England and Wales have reached a record high after the biggest monthly rise in almost two years, figures from LSL have shown.
It might be tempting to assume that events in the Ukraine and Russia might not mean that much to Londoners and UK citizens, but in no small part the capital is directly affected by the arrival of foreign investment that results from global insecurity such as this.
The chief economist of the Royal Institute of Chartered Surveyors (RICS) has moved to calm fears of a housing bubble by stating the market is ‘gradually exhausting itself’.
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Steve Weston, managing director of retail lending at Barclays, has called on the industry to avoid a return to mortgages over 95% LTV, stating they cause ‘train wrecks’ for lenders.
Almost two-thirds of mortgage brokers believe a growing residential mortgage market will lead to increased business in the bridging sector.
House price growth in prime central London will slow down this year creating a buying opportunity for investors, London Central Portfolio has predicted.
The latest statistics from the Council of Mortgage Lenders showed buy-to-let remortgaging up 42% in quarter four last year compared to 2012.
Help to Buy has been driving up land prices in lower value areas in the North of England and Birmingham, a report from Savills has revealed.
Job recovery is pushing the price of urban properties up faster than their rural counterparts, research from property website Primelocation.com has shown.
More than 90% of local authorities in England and Wales have experienced house price growth in the past year as the housing boom spreads outside of London and the South East.
A recovering housing market in Belfast is giving second-charge lenders the confidence to step back across the water with new ranges to service growing demand.
House prices have risen by 7.3% in the last 12 months, the latest Halifax house price index has shown.
Policy makers should police income multiples to stop the London housing market from getting out of control, a housing report from EY has warned.
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