Eurozone crisis drives central London residential property prices higher according to research from agents Knight Frank, the financial crisis afflicting the Eurozone has worked to pump up central London property prices: · Prime London property prices rose 0.6 per cent in September 2011, contributing to annual growth of 11.4 per cent · Property prices have [...]
Archive for October, 2011
Up to two million homeowners in the UK may be trapped in a property bought in the 2000′s with a low interest rate mortgage for close to the value, or more than their home is worth, according to research from Santander. Most are in their late 20s or early 30s and have seen the value [...]
Research from bank First Direct has found that the average deposit has jumped from £6,600 to £66,000 since 1990 due to increasing house prices, and a reduction in mortgage levels. The average household income has risen 2.3 times in the same period, meaning that people must save for far longer to buy a home. Bruno [...]
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