Posts Tagged ‘housing market’

Why are house prices defying gravity?

Friday, February 5th, 2010

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House prices will rise by 6% in 2010

Monday, February 1st, 2010

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So you think house prices are on their way back up?

Monday, January 25th, 2010

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The property market and house prices 2010

Monday, December 28th, 2009

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House price rises and inheritance tax

Tuesday, December 1st, 2009

Alistair Darling is facing the probability of freezing inheritance tax to increase tax revenue for the government because of the drops in house prices. But with house prices rising this could mean that more people will have to pay for the mistakes of Labour’s mismanagement of the economy through inheritance tax. …read more

No signs of stability in house prices

Thursday, November 26th, 2009

With news of increases  in house prices and an increase in mortgage approvals one might think the end of the bottom of the housing market has been reached. But are we looking at true stability? Or is this misleading data in a temporary flux that may pull buyers into a market with a long term downward trend? …read more

Lending accountability and reckless loans

Saturday, November 14th, 2009

Where is the recourse for lenders who fueled a housing bubble, forcing borrowers to place themselves at risk in order to purchase a property to satisfy the circus of home ownership?

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Economic Recovery and House Price Affordability

Thursday, November 12th, 2009

The press often gives the impression that our economy is irredeemable. However, it is important to realise that the world economy never stopped growing in the course of this recession and that the UK is very much part of a globalised economy. We live in a time where billions of people are chomping at the bit to join the high-consuming middle classes. Unlike in times gone by, these people now have the education and infrastructure to achieve their goal. The world, therefore, has the potential to grow at an explosive rate and there is every reason to believe that a Britain full of international banks and multi-national corporations will be able to join the party. …read more

OFT slams estate agents for dishonesty

Thursday, November 12th, 2009

An Office of Fair Trading draft report into the state of the property market has slammed the estate agency profession for dishonesty when presenting properties to the buying public. One of the most recent highly publicised cases was that of the agent selling a cottage neglecting to mention the nuclear reactors next door. …read more

Savills predict 27% increase in house prices over five years.

Saturday, November 7th, 2009

Estate Agents Savills who had an annual turnover of £314.10 million in 2008 have predicted that house prices will rise by 27% over the next five years. …read more

Property millionaires take a pounding

Wednesday, November 4th, 2009

Zoopla , a property market website, has conducted a survey that indicates that the number of residential properties worth more than £1m has decreased from 1 in 97 before the crunch to about 1 in 150 today. Zoopla estimates this to mean that 35% fewer properties are worth more than £1m than before Nov 2007. …read more

A confused housing market

Monday, November 2nd, 2009

These are confusing times for the housing market and would-be buyers. Nationwide record the first year on year house price rise, but Hometrack show a fall. Looking at the economy you would think that house prices would have dropped much further than they already have. In fact there are many statistics out there about rising prices, more mortgage loans and more potential buyers. Believe the VIs and you should buy now while houses are relatively cheap. “Don’t touch!” say the doom-sayers, because house prices are set to plummet further. …read more