Redevelopment makes Croydon a property hotspot August 6, 2009 WITH most parts of the country in the property doldrums at the moment, there are not too many places that look like clever investments. One that is bucking the trend is Croydon, which will be the next UK city to undergo a serious regeneration. There are plans to inject £3.5bn into the city over the [...]
London house asking prices turn positive July 19, 2009 AVERAGE asking prices for properties in London are higher now than they were a year ago, while the yearly decline for England and Wales was trimmed to 3.1 per cent, according to property website Rightmove. Rightmove figures show that the average asking price for a UK house rose by 0.6 per cent in July on [...]
House asking prices slip back in June June 21, 2009 THE average asking price of a UK property has fallen by 0.4 per cent this month, according to data from property website Rightmove, ending the string of good housing data over the past few weeks. June marked the first fall in five months due to hesitation by sellers and continued tight credit conditions. But on [...]
Don’t expect miracles in housing market June 11, 2009 IT is beginning to look as if house prices won’t be falling much further. This won’t be of any use to the one in ten Brits that have already been plunged into negative equity, however; and even if the market reaches bottom this year, it will struggle in 2010. We must hope, for the sake [...]
Investor backlash expected at Shell over top pay scales May 18, 2009 OIL giant Shell is braced for angry shareholder reaction when investors meet at its AGM today. The Anglo-Dutch company has come under pressure from its investors to review the pay structure of its executives. Fresh opposition came from institutional investor Co-operative Asset Management (The Co-op) yesterday, which disapproved of the oil giant’s decision to give [...]
Home sales at highest point for 18 months May 18, 2009 ESTATE agents sold more houses in April than any other month since October 2007, according to the latest estate agent data. The average estate agent sold ten properties in April, up from eight in March and a low point of five in August 2008, the figures from the National Association of Real Estate Agents show. [...]
House asking prices rocket May 17, 2009 THE average asking price of a UK property has leapt by 2.4 per cent this month to £227,441, according to data from property website Rightmove data published today. The rise marks the largest monthly increase in asking prices since 2003 when property prices were on a rising trend, but overall asking prices remain 6.2 per [...]
House prices plunge July 21, 2008 Distressed sellers driving the gloomy housing market down cut average asking prices by a dramatic £4,345 or 1.8 per cent in July, new figures out today show. The 1.8 per cent fall in values this month follows a 1.2 per cent drop in June, as house prices registered their first year-on-year decline since property website [...]
House prices to stay static October 19, 2005 John Watson, chief executive of Bellway, the housebuilder, yesterday dampened expectations of a significant increase in house prices between now and next summer. Commenting as the company delivered otherwise impressive annual results, he said: “My feeling is that it is right to assume nil house price inflation in our next financial year, which is to [...]