BEST OF THE BROKERS February 21, 2012 ABERDEEN ASSET MANAGEMENT Peel Hunt has downgraded its recommendation on the asset manager from “buy” to “hold” but upgraded its estimates and target price on the stock, with the latter climbing from 270p to 280p. The broker says strong performances in its key equity funds have led to upgrades of 2012 and 2013 estimates by [...]
Hopeful house buyers put off by low supply February 5, 2012 A SHORTAGE of suitable housing is preventing potential first-time buyers from stepping onto the property ladder, according to data released this morning. Asked to name their biggest concern about buying a home, the second most common response among potential buyers was the difficulty of finding a property. “In the final quarter of 2011, the numbers [...]
Hopeful house buyers put off by low supply February 5, 2012 A SHORTAGE of suitable housing is preventing potential first-time buyers from stepping onto the property ladder, according to data released this morning. Asked to name their biggest concern about buying a home, the second most common response among potential buyers was the difficulty of finding a property. “In the final quarter of 2011, the numbers [...]
Rental sector needs million new homes March 26, 2012 AN EXTRA one million new homes are needed for Britain’s rental sector, a survey revealed this morning, as a shortage of properties sends costs rocketing for tenants. Rents have shot up by an average of 5.2 per cent over the last year, with Savills expecting an eye-watering 20 per cent spike over the next five [...]
Asking prices for houses soar by over four per cent February 20, 2012 PRICE tags on houses coming to market have shot up by an eye-watering 4.1 per cent this month, according to Rightmove – partly caused by cash-rich buyers boosting demand in areas such as west London. The sudden surge in asking prices is the sharpest in nearly 10 years, the online estate agent revealed today. The [...]
Homes more affordable as supply slumps January 15, 2012 HOMES are at their most affordable level for 14 years, according to data released today by Halifax, while figures from Rightmove suggest very low housing supply will prevent the market falling further. First-time buyers spent 27 per cent of their disposable income on their mortgage, down from the 37 per cent average seen over the [...]
HOUSE PRICES SOAR ACROSS LONDON December 18, 2011 LONDON’S house prices rose 6.4 per cent in the last 12 months – an average of £500 a week – and have further to rise next year, according to Rightmove. Nationally, prices rose 1.5 per cent, and are expected to go up by two per cent in 2012.
HOUSE PRICES SOAR ACROSS LONDON December 18, 2011 LONDON’S house prices rose 6.4 per cent in the last 12 months – an average of £500 a week – and have further to rise next year, according to Rightmove. Nationally, prices rose 1.5 per cent, and are expected to go up by two per cent in 2012.
Rightmove in strong trading as traffic rises May 4, 2011 PROPERTY website Rightmove yesterday said it had traded strongly in the past three months to the end of March and remained confident of meeting forecasts. Website page impressions in the quarter were up by 15 per cent and searches on mobiles rose by more than 200 per cent, while advertising revenue was on the up. [...]
BOOST FOR MORTGAGES November 21, 2011 THE GOVERNMENT will today launch a scheme to encourage first-time buyers to take out 95 per cent mortgages even as new figures show the largest monthly drop in house prices since before the financial crisis. Prime Minister David Cameron and his deputy Nick Clegg will today unveil a plan to “help people get on the [...]