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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 do if the seller fundamentally decides they do not wish to sell – that unfortunately is tough luck.  However, there are various proactive measures a […]

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 of recent reports have indicated that the property market is slowly but surely gaining momentum. Consumer confidence in the property market is said to have […]

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 is still considered sluggish, it is a welcome sight to see many new entries into the selling side of the market.  This is taking place […]

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 end of 2010, the average number of completed sales per surveyor stood at 15.2. This is a rise from the 14.8 previously reported and areas […]

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 of the family! In my profession it is imperative to have a good handle on the market and understand current trends to allay any concerns […]

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 a smoother indicator of market trends, turned negative for the first time since May 2009, with prices falling by 0.9% during the three months to […]

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?  First of all, the recent weakness follows a surprisingly strong recovery in the second half of last year. As the RICS housing market survey noted, […]