September 2011

Some economists warn that the current weakness in the housing market is a worrying symptom that confidence in the economy continues to falter.  Well, I agree up to a point.  It is true that people are nervous about taking on new or bigger mortgages at a time when the economy remains relatively weak and their jobs may…

August 2011

Estate agent figures published at the end of July revealed that prices have continued to edge backwards in the last month.   According to the latest National Housing Survey, average prices dropped by 0.1%, resulting in a 3.9% fall from July 2010.   There was some brighter news though as the number of agreed sales rose sharply…

July 2011

A recent survey has uncovered the alarming statistic that 50% of agreed house purchases fail to make it through to completion.  Buying agent Tom Robinson takes time out to offer his four point plan to make sure you don’t become a victim of this unsavoury statistic.  “Clearly there is little anything the hapless purchaser can…

April 2011

It has been reported recently that consumer confidence in the UK’s property market has increased, with more homeowners and investors expecting to see the value of their homes increase over the next six months. With the turmoil that has been seen over recent years consumer confidence had been ebbing in this sector. However, a number…

March 2011

Demand from buyers seems to be improving in the housing market, while house sellers are coming back to the market in significant numbers.  The last year has seen a 25% increase in the number of new homes being put up on the market, according to the National Association of Estate Agents (NAEA). Since the market…

January 2011

News that property sales levels have stabilised could encourage those keen to up sticks and move house this year. According to the Royal Institution of Chartered Surveyors (RICS) December UK Housing Market Survey published this week, the level of house sale completions steadied towards the end of last year. In the quarter ending at the…

November 2010

Prices up; prices down; prices stagnating? What is actually happening? Having acted as a buying agent in North Yorkshire for the last 6 months I take a very different view of the market from a buyers perspective.  I work incredibly closely with my clients’ – indeed during my involvement I almost feel like a member…

October 2010

House prices remained broadly unchanged during September as activity in the market continued to be muted. The cost of a home edged ahead by just 0.1% during the month, following a 0.8% slide in August, to leave the average property worth £166,757, according to Nationwide. But the quarter-on-quarter growth rate, which is generally seen as…

August 2010

So we read again that house prices are falling again. According to the RICS survey of chartered surveyors, the housing market weakened in July for the first time in a year, and some banks now expect prices to be stagnant for the 3rd and 4th quarters this year. But is this really such bad news?…