'London Property' News:
House price growth picks up in April, rate rises likely
Friday, April 27th, 2007Nationwide is predicting another interest rate rise in May, due to the robust growth of house prices in the UK this month, though it points out the underlying trend towards a cooling of the market.
Nationwide latest monthly survey reveals that house prices rose by 0.9% in April, compared with 0.5% in March. This represents the […]
Number of £2m homes in London reaches an all time high
Thursday, April 26th, 2007London property market continues to grow, with the latest indication being the fact that there are now over 1,000 homes in London which are on the market for more than 2m.
The growth in London house prices is being driven by foreign buyers attracted by the City financial and business status. Added to a shortage of […]
London housing market remains buoyant
Friday, April 13th, 2007Though house price rises in the majority of the country are beginning to slow down, the London housing market continues to rise, as demand for property in the capital shows no signs of slowing down.
For those currently renting property, and first time buyers looking to get onto the housing ladder, the slowing of house price […]
Public sector workers priced out of most UK towns
Friday, April 13th, 2007Research by the Halifax has revealed the difficulties faced by public sector workers, and first time buyers in general, finding that these groups are priced out of up to 70% of Britains towns.
Halifax looked at the affordability of houses for five different key workers, nurses, teachers, firefighters, the police, and ambulance workers.
