After a new rise by the Bank of England, interest rates reached the highest base rate over the last 6 years. Although widely predicted and expected by industry professionals, the recent 0.25 percentage increase, the fifth approved by the Bank of England since August 2006, caused divergence of opinions among experts across the nation.According to [...]

According to a study by
Halifax, the 0.4 per cent increase in property prices last month stands testimony that house price inflation continues to fall. The average cost for a
UK Home went up to the level of £197,461 in June, this being the second month with an increase smaller than 0.5 per cent.
The overall [...]

According to the Royal Institute of British Architects (RIBA), the standards for new properties must change in the near future. The organization has recently launched a new housing policy titled Better Homes and Neighbourhoods, which points out the need for change as newly built properties in
UK Are well behind those in the European Union [...]

According to the lettings index by Knight Frank’s
London, rents saw increases of 4.2 per cent on average from April until June 2007, which is the most significant rise since 1995, when the records were first registered. Similarly, the average rent in
London Went up by 12.2 per cent over the last year, the highest [...]

Recent research from Woolwich Mortgages analysed the ratio between household income and mortgage payments in different locations all over the
UK. The study revealed that all top five least affordable property areas for first-time buyers are found in
London. The continuous rise in
UK Home prices over the last years has led to mortgage buyers [...]

Recent research from Haart estate agents shows that Britons prefer houses with outdoor features such as tennis courts, swimming pools, waterside landscapes, triple garages, or sculpture designs. Another major value-adding factor is privacy, since properties having private access and a security system are selling for five or four per cent more.
The survey also finds that, [...]

The monthly survey from SmartNewHomes.Com shows that the overall 1.3 per cent rise in house prices was determined mainly by the significant increases registered in the south-west and
East Anglia. The study also reveals a strong demand for new homes all over the country.
This record price for newly built properties comes after several downfalls in [...]

A new survey by Halifax Estate Agents reveals that 29 per cent of those looking to buy a home start hunting for a property online. The research also shows that, in their turn, homeowners are three times more likely to consider house hunting online if they were to move again.
The use of online property [...]

The Council of Mortgage Lenders (CML) points out that mortgage lending starts showing signs of slowdown, after the considerable growth registered last year. However, the lending figure recorded in May is a new record, with mortgages summing up to £30.6 billion, a five per cent rise in comparison to May 2006.
Experts predict that lending levels [...]

After receiving the recommendations of the Barker Review of Housing Supply 2004, the Office for Fair Trading (OFT) has been supervising the home building market and is now considering further studying it. The OFT’s main concern is that consumers could be at a loss on today’s market. While the study will not concentrate on environmentally-friendly [...]