10. With the tenth highest proportion of £1m properties is Gerrard Cross in Buckinghamshire, with 28.3 per cent of properties over the mill. 9. Salcombe in Devon with its wide sandy beaches is ninth in the list, with 28.9 per cent over £1m. 8. Home to the posh horse races, Ascot in Surrey has 29.4 [...]
Continue reading " Top ten locations for million pound houses "
Scottish homes are selling for 10 per cent less than their asking price, according to a new survey from s1homes. The average advertised price in the first three months of the year remained almost identical to the previous quarter at £166,386, but the average price homes sold for fell from £157,197 to £148,764, meaning properties [...]
With the Olympics in London, lettings agents across the country are getting excited about the chance to cash in on the rental opportunities. Sol Campbell has put his home on the market and rents are tripling in the areas around Stratford. But some agents are reporting hundreds of properties on their books with no-one to [...]
City Residential estate agent in Liverpool has seen a marked increase in repossession numbers during the first quarter of 2012. The agency noted this hike came out of the blue, despite detecting a small rise in the company’s review of the last three-month period of 2011. The report stated: “Whilst we expected to see this [...]
From May 2012, the Mayor of London will be responsible for the capital’s entire house-building budget – over a third of the national pot of money – and significant public land to build on. Currently, the mayor can only build new homes by working with the Homes and Communities Agency, the London Development Agency, boroughs [...]
The Eurozone crisis and David Cameron’s protectionist stance over the City and financial services industry has provoked strong interest in high value Prime Central London property, according to UK agency W A Ellis. “We have seen over the last two weeks an unusual amount of activity at the top of the market from both Russian [...]
Continue reading " Cameron’s Protectionism Fuels London Prices "
Rising unemployment, the threat of Eurozone disaster and falling GDP – the signs for 2012 are already worrying. But it’s not all bad. We gather some predictions from around the UK. First the Eeyors of the market: Howard Archer (IHS Global Insight): “I think house prices will fall by 5 per cent over the first [...]
Continue reading " Experts Make Their Property Predictions For 2012 "
Faster trains, new platforms and more frequent services are creating hope for new pockets in the property market which commuters previously might have overlooked. The Chiltern Line from London Marylebone out through High Wycombe, Haddenham & Thame Parkway, Banbury and Leamington to Birmingham has been upgraded, cutting every journey time by about 20 per cent. [...]
Almost half – 45 per cent – of potential first-time buyers say that they are now more likely to get on the housing ladder as a result of the Government’s FirstBuy scheme, according to new research from Rightmove. The FirstBuy initiative launched in September 2011, and 37 per cent of first-time buyers stated that they [...]
Continue reading " Government “FirstBuy” Scheme Proves a Hit "
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 [...]
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