House Prices fall in May

House prices in the UK have fallen by 0.2% since April, with annual house price growth slowing to 2.4%. The latest figures from Nationwide show a modest slowing in annual house price growth during May. Commenting on the figures, Robert Gardner, Nationwide's Chief Economist, said: "UK annual house price growth slowed...
Buyers are willing to pay an average premium of £27,100 for a property with a garden Renters are prepared to pay an extra £243 per month for a home with outdoor space Buyers are willing to pay a massive £27,100 premium for a property with a garden, with  renters willing to...
More than a quarter of properties for sale on Rightmove have been on the market for longer than six months. The latest research shows that, so far this year, 28% of homes on Rightmove have been listed for more than half a year, with 8% listed for...

Increase in first time buyers

The number of first time buyers have increased in recent years, bringing them broadly in line with pre-crisis levels. The latest report from the Nationwide shows that, whilst overall the housing market is still relatively subdued, first time buyers numbers have increased, due to historically low interest rates and schemes...
Remortgaging in London has reached a nine year high, for the period 1 April to 30 June 2018, as homeowners lock into competitive deals following the recent Bank of England rate rises. There were 15,200 new homeowner remortgages in London completed in the second quarter, according to the latest figures from...
Manchester is the most popular city for Londoners looking to relocate elsewhere in the UK, according to the latest data from Rightmove. The data, based on the number of email leads sent to estate agents across the country, shows Manchester as the...
The fastest growing city in the UK Liverpool is the fastest growing city in the UK, with house prices growing by 7.5% in the year to August 2018. The latest data from Hometrack shows an average home in Liverpool will cost £120,100, 4% lower than the record highs of 2007. In fact, Liverpool is...
2018 saw the highest number of first time buyer mortgages since 2006
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