SEVEN years ago, Rob Taylor's three-bedroom West Bridgford home was worth £170,000. Following a large kitchen extension, its value shot up to between £210,000 and £220,000. And now that the property's valuation has climbed even higher, much to the surprise of Rob and his wife Sarah. He said: "We are looking to move to somewhere [...]
The number of buyers chasing each property in England hits highest level since 2008 in the first quarter of 2014, research shows. Some 12 buyers are chasing each new property coming on the market, an increase of over 20% compared to the 9.7 buyers in the first three months in 2013, according to the latest [...]
A filthy Birmingham property has been sold for its asking price – despite shocking sales pictures of wall-to-wall squalor. Advertising shots of the property in Short Heath Road, Erdington showed unmade beds, washing up left in the sink, filth on kitchen worktops and a rubbish-strewn living room. The property has been snapped up for almost [...]
Sales of new US homes hit a five-month low in February, but a surge in consumer confidence to a six-year high in March suggested the economy was regaining momentum after being held back by severe weather. Other data today showed solid gains in house prices, which should boost household wealth and support consumer spending. An [...]
The average house price rose by £2,500 in February - the largest monthly rise in 21 months. The latest House Price Index from LSL Property Services/Acadametrics shows that the average price climbed to £257,951 – a new record high. Alongside this, monthly sales are set to reach 66,000 - another record, as the highest February [...]
OVERALL activity in the residential property market increased in all 26 counties, excluding Laois, last year, with the volume of sales showing strong growth in most regions. However, average house prices values continue to fall almost everywhere with the exception of Dublin and Kildare. A detailed analysis by the Irish Examiner of all transactions recorded [...]
An ancient law which can force homeowners to pay for their local church's repairs is blighting properties and depressing house sales, say campaigners. But what is chancel repair liability and what is the best way to deal with it? When Elaine Hession opened the letter she almost passed out and her partner Jonathan Hill turned [...]
House prices increased by 2.4% in February, the eleventh monthly increase in the past twelve months. The average price is, however, still 10% below the August 2007 peak. Housing activity is on an upward trend. Home sales increased for the ninth successive month in January to 103,440; 30% higher than in January 2013. The number [...]
According to research from TSB, nearly 25% of FTBs are not taking into account stamp duty costs when making an offer on a house. With most FTB house purchases likely to fall into the 1% tax bracket, it is imperative this extra cost is factored in. If you take the average price of a house [...]
Loans to households and business continued to decline last month, according to new statistics from the Central Bank. Household loan repayments exceeded drawdowns by €856 million in January, as loans for house purchases continued its decline, falling by €416 million. This followed on from a net monthly decrease of €143 million in household loans in [...]