Bellway Homes “slight reduction” in sales rates post election – 20th June 2010
Bellway Homes interim management statement covers the 18 week period to the 15th June. It states that whilst sales rates have been broadly in line with expectations at 100 sales per week and with a cancellation rate of 13% there has been a slight reduction. Since the general election Bellway say that “uncertainty concerning anticipated […]
Knight Frank report healthy top end market – 20th June 2010
In their prime mortgage market briefing for May 2010 Knight Frank have reported as follows: – the number of £500k+ mortgage completions rose by 162% in May compared to May 2009. This dramatic rise reflects the relatively depressed conditions present in the market in the first half of last year. – recent trends […]
CML mortgage advance figures for April – 20th June 2010
In April the Council of Mortgage Lenders which represents organisations responsible for 94% of all mortgage lending in the UK says that there were 40,000 home purchase loans advanced valued at £5.7 billion, volumes down by 9% on March. Remortgage volumes declined by 16% in volume terms to 24,000 cases in April. This figure was […]
Searchflow explain pricing issues within the local authority search sector – 20th June 2010
This article was first published in The Orange Rag and is reproduced here with the consent of Charles Christian. http://www.theorangerag.com/blog/_archives/2010/6/17/4555534.html David Kempster, the marketing director of MDA Searchflow comments on new charging regulations and their effect on property search pricing… The way in which charges are levied for search information can be divided into two […]