Category: House Prices
-
First-Time Buyer Hotspots – Where to Bag a Bargain and Build Your Future!
Getting on the property ladder can feel like a distant dream, but fear not, aspiring homeowners! Forget battling sky-high prices and fierce competition – these locations offer the perfect blend of affordability, job opportunities, and family-friendly amenities. Location, Location, Location (And Affordability!) Let’s talk numbers – according to the latest government data, County Durham, Blackpool,…
-
Warrington House Prices Cool Down in June
Warrington’s property market might be cooling off a bit. June saw a slight dip in house prices, offering a glimmer of hope for eager buyers. But this little dip doesn’t mean a complete U-turn. Warrington’s house prices are still up 0.3% over the past year. What’s Happening in Warrington? North West Property Prices: A Mixed…
-
Mortgage Rate War Could See House Prices Rise This Year
Good news for sellers, as experts predict house prices will increase this year, fuelled by battling mortgage lenders and the promise of cheaper borrowing. After a year of falling prices, experts at Knight Frank estate agency now believe UK house prices could rise by 3% in 2024. This is a dramatic turnaround from their earlier…
-
Gwynedd House Prices Soar Above Welsh Average
June saw an impressive 2.3% jump in property values in the Gwynedd area, outstripping the Welsh average of a 0.3% increase. This means Gwynedd also beat the UK’s overall growth of 0.5%! Over the past year, Gwynedd house prices have risen by a healthy 1.5%, adding an extra £2,900 to the average property value. This…
-
Powys House Prices Drop – What’s Happening to the Market?
House prices in Powys have fallen by an average of £11,000 over the past year, according to the latest Land Registry figures. This represents a 4.8% drop in value, making it one of the poorest performing areas in Wales. The average house price in Powys in June was £226,806, down 1.6% from May. Is this…
-
Mortgage Rate Cuts Spark Housing Market in Somerset
Estate agents in Somerset are reporting a rise in activity in the housing market, with buyers and sellers rushing back in response to recent interest rate cuts. One agent in Frome even described their busiest day in three years! This follows a challenging period for the housing market, with high prices and soaring mortgage rates…
-
Is the Help to Buy ISA Dead in the Water?
New figures show a huge drop in buyers using the scheme, but are there better options? The number of people buying a home using a Help to Buy ISA has fallen off a cliff, according to the latest figures. Just 9,409 homes were bought using the scheme between January and March this year. That’s a…
-
Stamp Duty Bill Leaves Buyers £100 Million Out of Pocket!
Homebuyers across the UK are feeling the pinch as stamp duty costs soar, with over £1 billion paid in July alone. New figures show homebuyers have coughed up £1.2 billion in stamp duty just last month. This brings the total for the year so far to a staggering £6.6 billion – that’s a hefty £100…
-
Yorkshire House Prices Defy National Trend with August Rise After Interest Rate Cut
While house prices across the UK have dipped, Yorkshire and the Humber are seeing a different story with asking prices actually going UP! Rightmove’s latest data shows that the recent Bank of England interest rate cut has given the housing market a much-needed summer boost. Across the UK, buyer demand has surged by 19% since…
-
Home Buyers Ditch Extra Bedrooms for Easy Commutes
Forget about finding a place with a giant kitchen extension or a garden big enough for a bouncy castle – Brits buying a home now care more about being close to transport links, new research reveals. A new survey from Market Financial Solutions (MFS) shows that after the pandemic, our priorities when moving house have…