“Hokey Cokey” house price growth doubles to 15.5%
House price growth shot up to 15.5% in the year to July, due to the distorting impact of the end of the stamp duty holiday at the end of last year.
Sarah Coles
People in period properties facing ‘nightmare’ due to rising energy costs
The least energy efficient properties are going to see their bills spiral in the coming months, highlighting the importance of having a home with a strong EPC rating in the current climate.
RICS: Rental market heating up but buyer’s market ‘coming off the boil’
The sales market is slowing down but rents are continuing to increase rapidly, the RICS Residential Market Survey for June has found.
Nationwide HPI Index: ‘Desperate dash for property is over’
House price growth slowed in the past month but still has a huge growth rate of 10.7%, Nationwide’s House Price Index shows.
FCA: Banks aren’t doing enough for struggling borrowers
The Financial Conduct Authority has hit out at UK mortgage lenders, saying they aren’t doing enough to help customers in financial trouble.
RICS: Rent rises to outstrip house prices in next five years
Over the next five years rents are expected to grow faster than house prices according to surveyors.
Housing costs crank inflation to 30-year high
The CPI inflation rate increased to 7.0% in March – the highest level recorded since March 1992, Office for National Statistics data shows.
Tenant concern – as rental growth reaches 8.3%
Annual rental growth has hit a record high of 8.3% – prompting concerns that tenants will struggle to pay for higher rents.
Lending rates fall to “low point” in December
The cost of borrowing dropped in December, but this is likely to be the low point before they rise following interest rate hikes from the Bank of England.
Home sales surge in December – though it may not last
Property transactions increased in December, but some industry commentators reckon this jump will be short-lived.
