Rightmove House Price Index shows record asking prices for April
The Rightmove House Price Index for April has been released today. It shows that the average property asking price rose 2.9% last month to £243,737. This is a yearly increase of 3.4%. This is a new record, beating that set in May 2008 by £1,327 (0.5%). This national average does mask a north-south divide […]
Countrywide research highlights obstacles to moving house
Countrywide has today released the results of its research undertaken with YouGov to highlight the affordability issues that are faced by potential home-movers. The research covered over 6,000 UK adults and included private rental tenants, home-owners with mortgages, owner-occupiers, home-owners with shared equity stakes, and those living rent-free. When asked about reasons for not […]
CML sees mortgage lending annual rise by 20% in February
The CML has released its Regulated Mortgage Survey for February 2012. During the month 36,600 house purchase loans were taken out, with a value of £5.4 billion. The number of loans taken out rose by 4% compared to January 2012, and is a 17% change annually. The value of loans rose by 2% over the […]
Phoebus Software comments on CML Regulated Mortgage Survey data
The CML today released the Regulated Mortgage Survey data for February 2012. The figures show a large rise in the number of first-time buyers taking out mortgages. First-time buyers took out a total of 14,100 loans, with a value of £1.7 billion. This is a monthly change of 8% in the number of loans, and […]