An influx of first time buyers and surging house prices have led to an equity boost for many Second Steppers (first time sellers) and given them more confidence in their ability to make the jump to the next step of the property ladder, according to Lloyds Bank.
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Blog posts tagged in Selling a House Lenzie
The latest House Price Index from Halifax has shown that house prices in the latest three months (September-November 2014) were 0.7% higher than in the previous three months. This quarterly rate was marginally down from 0.9% in the previous month.
...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.
...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.
...The Office of Fair Trading (OFT) has launched a study into the 'quick house sale' market and is calling for people who have used, or considered using, these businesses to contact the OFT about their experiences.
...The housing market in the UK, and in Scotland, is showing a few positive signs, according to new figures from the Royal Institute of Chartered Surveyors (RICS) and the Scottish Government.
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