Early days of Help to Buy fail to halt usual pre-Christmas fall in new seller asking prices
The average asking price of property coming to market fell by 2.4% (-£6,181) in November, in line with the usual pre-Christmas slowdown.
Miles Shipside
New seller asking prices soar in London to new record
Following two consecutive monthly falls in the price of property coming to market, October saw a rebound of +2.8% (+£6,923).
Help to Buy – Phase two mortgage rates released
The Help to Buy scheme will mean more mortgage availability for people with as little as 5% deposit.
First-time buyers head the queue as interest in Help to Buy continues to soar
Traffic to Rightmove’s Help to Buy section increased 184% last week compared to the week before as home movers seek out clarity.
Surprise Help to Buy announcement prompts fourfold traffic increase on Rightmove
Rightmove’s Help to Buy section provides an area where buyers and sellers can access a plain-English guide to the government scheme.
‘Cheap’ money helps Londoners compete with international buyers
New seller activity has fallen back again this month.
Rightmove predicts autumn price surge, raising 2013 forecast to +6%
The average price of new to the market property is down by 1.5% (-£3,704) this month, though remains up by 7.2% (+£16,506) so far in 2013.
Key to Help to Buy success is unlocking trapped sellers to boost supply
August’s 1.8% (-£4,459) drop in new sellers’ asking prices is the first monthly fall recorded in 2013.