This is how much house prices have risen EVERY DAY since Covid began

Zoopla has calculated how much the average house price has risen every single day since the start of the pandemic in March 2020. It’s £34. The portal, in its latest market snapshot, says average UK house prices up £17,508 since the start of the pandemic, and now has hit a typical £235,000. This is the […]

West Midlands house price growth exceeds UK average

The rise of flourishing new job sectors, including the arts and science and technology, is leading to an increase in housing demand in the West Midlands. Property consultancy Knight Frank says that over the last five years house price growth in the region has outpaced the rest of the UK, as new employment opportunities drive […]

Cheap mortgages lift UK housing transactions to decade-high

Cheap mortgages and a continued migration due to new coronavirus housing preferences continued to power the UK housing market in August, as transactions headed upwards yet again. Despite the end of the stamp duty holiday and the fact that August is usually a quiet month, HMRC estimated that there were 106,150 non-seasonally adjusted UK residential […]

UK house prices jump by almost £5,000 in August

UK house prices rose by almost £5,000 in August as the property market continued to boom after the partial end to the government’s stamp duty holiday in England and Northern Ireland. The Nationwide building society said the cost of the average home had increased by £4,628 to £248,857, a monthly rise of 2.1% – the second highest […]

UK house prices rise at fastest rate since 2004

House prices are rising at their fastest rate in almost 17 years after a dash to beat a stamp duty holiday deadline in England and Northern Ireland pushed the annual rate of property inflation to 13.2% in June. Figures from the Office for National Statistics showed the average house price across the UK increased by […]

House prices fall for first time this year

House prices have fallen for the first time this year, according to the property website Rightmove. It said the average price of property coming to market in August was down 0.3%, a drop of £1,076 to £337,371. That was prompted by the ending of the stamp duty holiday and a subsequent fall in demand for […]

Phil Spencer – viewings help agents so why charge for them?

Viewings are in the news right now and with good reason. As the impact of the stamp duty holiday fades, and transaction volumes and price rises moderate, so agents need to use tools like viewings to better effect than ever – they are, literally, a showcase for the property you’re trying to sell. Estate Agent […]

Chancellor to announce stamp duty extension

Chancellor Rishi Sunak is set to extend the Stamp Duty Land Tax relief until the end of June in order “to keep the property market firing” as Britain emerges from its lockdown on 21st June.