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Recent blog posts

The cost of a first-time buyer owning a home in the UK is now on average £110 per month lower than renting, or £1,316 per year (14%), according to research by Halifax.

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The Office for National Statistics (ONS) has recently released its House Price Index for June 2014, which reveals that UK house prices increased by 10.2% in the year to June 2014, down from 10.4% in the year to May 2014.

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Posted by on in Conveyancing

UK house prices over the period between May and July this year were 3.6% higher than in the preceding three months, according to the latest House Price Index from Halifax. Prices in the three months to July were also 10.2% higher than in the same three months a year earlier, continuing the upward trend in the annual rate.

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The latest figures from Registers of Scotland have revealed signs of sustained growth in the Scottish property market in the past year.

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There is a split in confidence in the housing market, according to the latest quarterly Halifax Housing Market Confidence tracker, with optimism about house sales remaining high but confidence in the purchase market reaching its lowest level since 2011.

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Getting on the property ladder is a bigger priority for young British couples than having a big white wedding, according to research by HSBC.

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Demand for property continues to grow across Scotland and house price gains remain positive, according to the latest RICS UK Residential Market Survey.

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Registers of Scotland seeks view on ways to help complete the Land Register over the next ten years.

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Interesting new research from Halifax shows that, while areas in London and the South East are continuing to dominate the country's list of most expensive places for property on a per square metre basis, there are, other areas where property fetches a high price per square metre, including Edinburgh and Aberdeen.

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Just over half (51%) of British parents are concerned that their children won’t be able to get onto the property ladder without financial support, according to new research by TSB.

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The latest House Price Index from the Office for National Statistics (ONS) has revealed that UK average house prices increased by 9.9% over the year to April 2014, which is up from an increase of 8.0% in the year to March 2014.

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Halifax has recently published its House Price Index for the month of May, which shows a 2% rise in house prices in the latest three months (March 2014-May 2014) compared to the preceding three months (December 2013-February 2014).  

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Posted by on in Conveyancing

Registers of Scotland has recently published a report detailing trends in the land and property market over the ten years from 2004 to 2014.

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The average house price in seaside towns rose by 42% over the past decade, to £196,826, according to recent research from Halifax. In cash terms this is equivalent to an increase of close to £500 per month since 2004.

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A scheme that helps people get on the housing ladder for the first time or move to a new property is to receive an additional £40 million of funding, the Scottish Government has announced.

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Posted by on in Conveyancing

Halifax has recently released its House Price Index for April, which shows that house prices in the latest three months (February - April 2014) were 2.3% higher than in the preceding three months (November 2013 - January 2014).

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Posted by on in Conveyancing

The condition of a neighbouring property is ‘very important’ when house hunting, according to 77% of respondents to a recent poll by Saga Home Insurance.

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Homeowners in local authorities with the largest falls in the unemployment rate have seen the value of their property rise by almost £136,000 over a decade, according to new research by Lloyds Bank.

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Posted by on in Conveyancing

With the launch of the new mortgage market review rules just a couple of days away, the Building Societies Association (BSA) has urged the Financial Conduct Authority (FCA) to take a common sense approach to supervision.

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Demand for properties last month remained steady, with a net balance of 15% more chartered surveyors reporting an increase in new buyer enquiries, according to the RICS UK Residential Market Survey for March.

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