Posts Tagged ‘market’

The Government is giving out interest free credit over 5 years to help you on the property ladder.

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Early indicators suggest that property market activity in 2012 is on course to be more robust than in 2011.

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Rightmove’s Q1 2012 First-Time Buyer Report was released today and forecasts a marginal rise in prospective first-time buyer levels.

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Rightmove’s Consumer Confidence Survey found that the public believes the property market balance of power lays with buyers.

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London starts the new year again proving it has its own micro-markets where housing demand continues to outstrip supply. New sellers in the capital have had the confidence to increase their month-on-month asking prices by 0.8% (£3,453).

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Rightmove’s early indicators of housing market activity in 2012 show that interest in buying is strong despite the lack of mortgage finance, though the willingness or ability of new sellers to come to market remains weak.

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Dragon’s Den’s newest entrepreneur, Hilary Devey, has put her five-bedroom house on the market for £2.2 million. The grade II listed property is literally ‘fit for a king’ and was built specifically for King Edward VII in honour of his 1902 royal visit.

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In Wales average asking prices dropped by -2.8%, the UK’s biggest regional fall. The drop in asking prices could improve affordability for Welsh home-movers looking to move during the autumn property market.

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New sellers have raised their asking prices by an average of 7.2% over the past year, a clear sign of the strength of the market in the capital.

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September’s House Price Index found that this month’s new sellers made up some of the holiday quarter’s lost ground by upping their average asking price by 0.7% (£1,596).

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Understanding your buyer can mean the difference between a “thanks, but no thanks” and “we’ll take it” – so get the low down before the viewing merry-go-round begins, says property expert Laura Henderson.

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New sellers’ asking prices in August dropped by 2.1% over the past month, a year-on-year fall of 0.3%, to leave the average asking price for a property in the UK at £231,543.

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